Befuddled by clashing data.

[LorrainMor]

Numerous traders get befuddled by clashing data that happens when taking a gander at charts in different time periods. What appears as a buying opportunity on a week after week chart could, truth be told, appear as a sell signal on an intraday chart. Therefore, in the event that you are taking your fundamental trading direction from a week by week chart and utilizing a day by day chart to time entry, make certain to synchronize the two. As it were, if the week after week chart is giving you a buy signal, hold up until the every day chart likewise affirms a buy signal. Keep your planning in a state of harmony.

 

[Tom Latham]

Numerous traders get befuddled by clashing data that happens when taking a gander at charts in different time periods. What appears as a buying opportunity on a week after week chart could, truth be told, appear as a sell signal on an intraday chart. Therefore, in the event that you are taking your fundamental trading direction from a week by week chart and utilizing a day by day chart to time entry, make certain to synchronize the two. As it were, if the week after week chart is giving you a buy signal, hold up until the every day chart likewise affirms a buy signal. Keep your planning in a state of harmony.

Basically; traders need to select the time frame according to their own strategy’s requirement; such as my main time frame is D1; since I get a clear view here!

 

[Svetlana Loboda]

I don’t know how traders can rely on M5; M15 minutes; since till now H1 is my lowest time frame for day trading! And I never use m1 even the m5!

 

[Gito Dinev]

The market can be highly volatile and is susceptible to many highs and lows, therefore, trade wisely, slowly, and firmly.

 

[Kazumu Fukunaga]

Yes you are right. But most new traders think few months of demo trading is enough. As a result, they do not focus on deep learning. They focus on earning and lose money.

 

[Kevin Vogt]

Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.

 

[Mark Dahl]

For me, every day is different and you learn and grow each day. Just remember to stay in tune and don't feel upset about the losses.

 

[Eduardo Lucchese]

Proper planning is very necessary to handle all the problems in trading.