Aug 05 2021 at 11:40
UweMoench posted:Yes, of course. It is difficult to make a consistent profit without discipline.
@LukeRachel Yes intraday charts creates more trading opportunity but it can also be the reason for over trading. That's why intraday trading needs strict discipline.
This trading option is worthy of attention, just like any other option. It is more important that the trader knows how to work correctly in this way.
Trading use lower timeframe mostly used by scalping trader, almost timeframe used is M5, and M15, although some trader maybe uses M1, but very rare because giving higher noise in the analysis, meanwhile not all trader suitable with scalping, it could lead trader to fall in emotion if always fail.
Aug 07 2021 at 11:43
I like 5m-15m i think when you have a strategy that fits this time frame it can strike a good balance between discipline and patience
What are the advantages of trading in a lower time frame, and can I make consistent profits when trading with lower time frames?
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
Aug 11 2021 at 07:59
Mauk posted:I agree with you.
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
Aug 11 2021 at 10:59
Mauk posted:That's right, you should also test your strategy in the demo set up just to be double sure
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
The more your practice, the more you learn.
ele020 posted:Absolutely right! this option will really increase the trader's chances of making a profit.Mauk posted:That's right, you should also test your strategy in the demo set up just to be double sure
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
Aug 11 2021 at 13:33
Scalpers mostly use lower timeframes because of quick profits, but it is also risky trading with lower timeframes since most of the trade is like gambling.
AurelieFrancis posted:at first i would have said you are right but after learning a lot more it would depend on how you describe scalping traders, see i now am what you would call an intra day trader and only trade London and New York sessions. with this i drop right down to the 1 min chart to find my entries to keep the SL tight. it could be looked at as scalping but in no way am i gambling
Scalpers mostly use lower timeframes because of quick profits, but it is also risky trading with lower timeframes since most of the trade is like gambling.
Aug 15 2021 at 07:47
Pezza posted:Very well said.AurelieFrancis posted:at first i would have said you are right but after learning a lot more it would depend on how you describe scalping traders, see i now am what you would call an intra day trader and only trade London and New York sessions. with this i drop right down to the 1 min chart to find my entries to keep the SL tight. it could be looked at as scalping but in no way am i gambling
Scalpers mostly use lower timeframes because of quick profits, but it is also risky trading with lower timeframes since most of the trade is like gambling.
Aug 16 2021 at 07:47
croisssan posted:Hey Croisssan, than you for agreeing to my idea. It has always proven a better for me always.ele020 posted:Absolutely right! this option will really increase the trader's chances of making a profit.Mauk posted:That's right, you should also test your strategy in the demo set up just to be double sure
First you need to understand what style of trading you have and what strategy, and then draw conclusions.
The more your practice, the more you learn.
Aug 16 2021 at 13:46
Why do experienced traders trade at a lower time frame? Is the market more volatile and profitable during lower time frames?
Aug 18 2021 at 14:24
Lower time frames are a bit difficult to trade; it is essential to get more accurate information about price action. However, the timeframe depends on your trading strategy as well.
BarronLucas posted:Agreed. Also I think 1H is the best optimal to get the result. Sometimes 3 mins can be good too.
Lower time frames are a bit difficult to trade; it is essential to get more accurate information about price action. However, the timeframe depends on your trading strategy as well.
Aug 19 2021 at 11:29
GordonDenzil posted:Lower time frame allows you to find many trading opportunities and this is the main reason experienced traders trade on them. But the movements of price action in lower time frames are fast, which makes it more risky. So, it's not advisable for beginners.
Why do experienced traders trade at a lower time frame? Is the market more volatile and profitable during lower time frames?
Aug 19 2021 at 14:21
Oh lower timeframes can be used if you're scalper. But for fulltime traders it's difficult. On the lower timeframes market more volatility and shows wrong picture of the situation. It can be used for 15-30 min, but not much more time.
So dont' listen to that men who say you to trade on 1m-30m timeframes.
So dont' listen to that men who say you to trade on 1m-30m timeframes.
Yes lower timeframe is usually used for scalping traders, they like to use M5 or M15 for scalping trading, try to catch opportunities up and down wave that occurs, but usually, scalping traders need good support from brokers, not all brokers allow scalping, and this is needed fast execution order too. Sometimes I try scalping in my STP account FXOpen, but mostly I am trading as intraday trader.
Aug 20 2021 at 05:25
FXOday posted:I agree with you scalpers to need excellent trading conditions like tight spreads and permission to scalp from the broker. Luckily my current broker fxview takes care of all my trading needs. I can use any trading strategy with them including scalping and that to with spreads from 0.0 pips. Their low commission is a cherry on the top. 😝
Yes lower timeframe is usually used for scalping traders, they like to use M5 or M15 for scalping trading, try to catch opportunities up and down wave that occurs, but usually, scalping traders need good support from brokers, not all brokers allow scalping, and this is needed fast execution order too. Sometimes I try scalping in my STP account FXOpen, but mostly I am trading as intraday trader.
The more your practice, the more you learn.
