2023-05-05 07:27:01
Higher vs Lower Time frame:
Our personality defines the time frame that’s good for us. This comes from trial and error only.
But it’s safe to say that Higher Time frame (HTF) suits most people as the general population are not fast with effective decision making.
HTF is better but with a caveat. Higher the TF, higher the stoploss. Most people who are coming into trading either dont have big money or don’t want to invest big because it’s an unknown arena. They also wants a very small SL as big SL aka big money triggers fear.
People are always attracted to small risk vs Big reward scenarios. They are more eveident in small time frames but after market is closed. During live market they are not easy to catch. In fact Small Risk/Big Reward scenarios doesn't exist in markets at all.
Most people message me exclusively ask for 1m and 3m strategies. When I say I prefer minimum 5 minutes they back off. This comes from the thinking that I will trade a small TF, make big RR trades and will stop trading for the day. Also I will get many opportunities in 1m than 5 minutes TF.
Another reason is finfluencers who exclusively use smaller TF. In most cases they all started on HTF and gradually came down to smaller TF with experience.
It’s definitely easy to trade on 5 or 10m charts than on 1 & 3m…
—Vipin.
973 viewsVipi, 04:27
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