Trading in lower timeframes require more expertise. In lower timeframes market is more volatile. New traders should trade on higher timeframe. Once you are accustomed to higher timeframe, you can come to lower timeframe.
Yes I agree with you. In lower time frame there is more noise and traffic. That's why price move forward and backward. That's why people do over trading and open lot of unnecessary trades. It also leads them to bad habits.
Nov 20 2020 at 06:38
It’s difficult to trade in the lower time frames because the market is more volatile in this case.
Nov 20 2020 at 17:18
Lower timeframe is essential to get more accurate information about price action. However, timeframe depend on trading strategy.
when starting a trade, you must be sure that you understand what you are doing and how it works.
Sometimes it all depends on experience, and sometimes it all depends on the specific situation, because you can see the perspective where no one sees it...
Such trading has its advantages, you just need to be able to use them.
Nov 29 2020 at 07:58
Maveswyn posted:
Sometimes it all depends on experience, and sometimes it all depends on the specific situation, because you can see the perspective where no one sees it...
I agree with you. It is all about how well you understand the market.
With practice, you begin to understand it as if intuitively.
You understand more or less exactly when to 'fight', and when to take a step back.
And when you get to this stage, you realize that you're moving in the right direction.
You understand more or less exactly when to 'fight', and when to take a step back.
And when you get to this stage, you realize that you're moving in the right direction.
