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What Time Frame Is Best for Trading?

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What time frame is best for trading?

Well, just like everything in life, it all depends on YOU.

Do you like to take things slowly, take your time on each trade?

Maybe you’re suited for trading longer time frames.

Or perhaps you like the excitement, quick, fast-paced action?

Perhaps you should take a look at the 5-min charts.

What Time Frame Is Best for Trading?

In the table below, we’ve highlighted some of the basic time frames and the differences between each.

What Time Frame Is Best for Trading?

You also have to consider the amount of capital you have to trade.

Shorter time frames allow you to make better use of margin and have tighter stop losses.Larger time frames require bigger stops, thus a bigger account, so you can handle the market swings without facing a margin call.

The most important thing to remember is that whatever time frame you choose to trade, it should naturally fit your personality.

If you feel a little uncomfortable like your undies are loose or your pants are a little too short, then maybe it’s just not the right fit.This is why we suggest demo trading on several time frames for a while to find your comfort zone.

This will help you determine the best fit for you to make the best trading decisions you can.

When you finally decide on your preferred time frame, that’s when the fun begins!

This is when you start looking at multiple time frames to help you analyze the market.

Reprinted from Babypips, the copyright all reserved by the original author.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

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Good teaching
nice!
i like multi time frame analysis😊

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