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  1. #1
    Junior Member DAVEX's Avatar

    Better to trade on a long time frame or on a short time frame? !!!

    Hi everyone,

    I'm experimenting different strategies on the Communitraders Demo platform and my main doubt right now is if it's better to trade on a short time frame, like 5 minutes, or if it's better to do it on a long like 30 minutes or an hour.. I saw that if you identify the trend and you enter the market in the right moment you have an high probability of success with a 5 minute time frame but you're more subject to micro price oscillations. On the other hand on a longer time frame you have less problems with micro price oscillations but the trend could change in a longer period of time..

    Appreciate any observation or suggestion..

    Thanks a lot!!

    DAVEX

  2. #2
    Legendry Member Okane's Avatar
    Hey, join the webinar on tuesday and hopefully you'll learn more!
    Anyway, there is no ultimate expiry. For me it's 10 minutes but
    that's because it works with my strategy and MY experiences.
    For another trader it could be weekly, daily, monthly or 60 seconds.
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  4. #3
    Rookie Member bodsignals2's Avatar
    More higher the time frame, more higher will your profit

  5. #4
    Moderator Kolyo's Avatar
    Everybody has their own preferences. There is no time frame that is better than other, but of course the styles of trading intraday or weekly are very different from one another. So best is to pick a time frame and than learn everything possible how to trade on that scale. Mixing short term with long term trades without clear distinction between the reasons you entered them is a receipt for disaster!
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  6. #5
    Legendry Member Okane's Avatar
    Quote Originally Posted by bodsignals2 View Post
    More higher the time frame, more higher will your profit
    That's not true at all. It all depends on your skills.
    However, what is true is that the more timeframes you analyze the stronger signals you get
    and you will have a higher success rate .
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  7. #6
    Specialist Member protrader's Avatar
    Longer timeframe is much better from all perspectives. You have enough time to analyse and make an informative decision. Much less noise like on small timeframe, keeping the chart clean and much more predictable.
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  8. #7
    Junior Member elisatrader's Avatar
    don't think there's a rule.. the choice of the right time frame is related to your own personal strategy and to the time of the day you're doing your trades (volatility high or low)

  9. #8
    Rookie Member vincestoring's Avatar
    I am all for long term trading time frame! It is hard to caption for example, 60 sec time frame and if you do, you can only hope for the best! On the long term time frame, the charts are more clear and the decission you make will be better and with more chances to profit!

  10. #9
    Moderator Kolyo's Avatar
    There are many benefits of trading long term charts, but few disadvantages. For example you need to be very patient to be able to place trades that will show their outcome in a week or even month. However you are right that it is much less noise and signals are better.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  11. #10
    Active Member Anci's Avatar
    Just like what the others have said, there is no one answer to this question. It really depends on your personality and the strategy you are using. There are definitely advantages to using longer time frames (better signals), but it doesn't mean that you can't make money from quick trades. Personally, I prefer to go with short expiries.

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