timsk
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There's been a glut of threads recently started by members who are experiencing problems with their trading. (My heartfelt sympathies goes out to them all.) As one might expect, the replies range from those who take delight in kicking a wo/man when they're down, through to the genuinely helpful. However, there is one common denominator that unites them all and must be in the all time top ten most oft' heard pieces of trading advice: 'don't attempt to trade sub one hour timeframes' - or words to that effect. And anyone who does - and struggles - is likely to be told in no uncertain terms that this is where they're going wrong.
The purpose of this thread then is to explore and debate the pro's and con's of fast Vs slow timeframes. Personally, I've always struggled with the idea that the higher timeframes (let's define that as 1 hour plus) are in some way easier to trade than the lower, faster timeframes (let's define that as sub 1 hour). It strikes me as being a bit like that wonderful question so often asked by newbies, 'can someone please suggest an easy market to trade while I'm learning the ropes'. An easy market to trade, I wish! There is no trading 'paddling pool' for newbies, there's only sim' trading and/or trading with very small sums of money. Similarly, I'm not convinced that a slow timeframe is more likely - or less likely - to lead to consistent profits than a fast one. Doubtless many of you will disagree!
Discuss!
![Wink ;) ;)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
The purpose of this thread then is to explore and debate the pro's and con's of fast Vs slow timeframes. Personally, I've always struggled with the idea that the higher timeframes (let's define that as 1 hour plus) are in some way easier to trade than the lower, faster timeframes (let's define that as sub 1 hour). It strikes me as being a bit like that wonderful question so often asked by newbies, 'can someone please suggest an easy market to trade while I'm learning the ropes'. An easy market to trade, I wish! There is no trading 'paddling pool' for newbies, there's only sim' trading and/or trading with very small sums of money. Similarly, I'm not convinced that a slow timeframe is more likely - or less likely - to lead to consistent profits than a fast one. Doubtless many of you will disagree!
Discuss!