which time frame of chart you should focus on in trading ?
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INTRADAY TRADER |
SHORT TERM TRADER |
LONG TERM TRADER |
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Intraday traders use minute charts such as 1 to 15 minute . |
Short-term traders use hourly or weekly charts |
Long-term traders use weekly and daily charts. |
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Advised to study Price Movement of past 2-5 Days |
Advised to study Price Movement of past 2-5 Week |
Advised to study Price Movement of past 1 year |
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Trade for Intraday, exit by market close. |
Trade for several hours to a week. |
Trade for several few week to many month or year. |
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Lots of trading opportunities No overnight risk |
More opportunities for trades Overnight risk is factor |
Don't have to watch the markets intraday. |
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