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It's never a bad saying that "two are better than one," and most times in trading, 'multiple' could even be better, if not the best. This topic is a sequel to my initial topic on the better approach between one or more strategies in trading (https://bitcointalk.org/index.php?topic=5454944.0). As expected, some went for one strategy while others went for combined strategies in which the latter being my preference as it helps me filter my trading signal better than when I use a single strategy.

Now, it's the turn of the timeframe. These two (strategy and timeframe) are so important in trading as they have rightly shaped my trading today. Although I don't condemn any trading approach, yet I discovered in my trading experience that one of the mistakes traders make is to stick to a single timeframe. They believe it will not confuse them forgetting that there are many other traders working on other timeframes that they ignored. They often blame their strategy and might not know that the same strategy is warning them on another timeframe(s) that they ignored.

Whether you are a long or short-term trader, no matter the timeframes you are using to analyze the market, others might be trading differently. This is more reason why I like to use at least 5 timeframes for trading, which will surely increase my chance of capturing the true psychology of the market at that time. And you know what? All of them must agree on a particular direction before I pull the trigger.

This is another style that may slow your trading down, but believe me, it's to your advantage. It's worth it as it filters noise out of the market and makes you trade less, lose less and win more.

Expect more on another topic...

I wonder if there is a trader out there who only sticks to one timeframe to carry out their trades, To get a clearer picture of the market, One must do a multi-timeframe analysis of the market or a top-down analysis, which is simply starting from the monthly, or weekly, daily and the rest of other timeframes to execute trades. We use monthly, weekly, and daily timeframes to determine the market direction while H4 and below are the best timeframes for entries.

The Time Frame and the strategy used really have to be in sync. Holding only one Time Frame depends on the strategy used.
As in scalping trading then the Time Frame used is a faster Time Frame TF 5M down and for Holding can use a larger Time Frame.

I do not even focus on just one Time Frame, because each Time Frame will provide information about the direction of the market and in combination with Indicators that can help more clearly about the state of the market.

The higher the Time Frame, the clearer the market direction will be.

using more TFs might be a bit inconvenient for many traders, bearing in mind that monitoring one TF requires a different approach from one to another. I personally use 2 TF, the first is hourly and daily. I find more suitable using this 2 TF especially when the market is a little unstable, I use more TF per hour because it's much easier to monitor the market using this TF. I just need to analyze and draw a line and determine which point to go out or enter.

but for those whose style does not suit short trading, it is best to avoid TF of an hour or so, bearing in mind that the smaller the TF, the smarter you must be in determining points to sell and buy quickly. because if you choose the wrong step, in a matter of minutes your money can disappear, so one must be smart to choose a TF that suits their trading style.

Multi timeframe analysis enable a trader to view the true picture of the trend of the market, it is always advisable not trade against the trend, therefore when all the timeframes indicates that the price is trending in the same direction then there is tendency of earning profit if a perfect entry is triggered by the trader personally I trade using 4 hour timeframe with three moving Averages to determine to the bias of the trend bullish or bearish and drop down to 1 hour timeframe for second analysis thereafter drop down to 15 minutes for entry, however trading using a single timeframe is counterproductive and very risky.

Trading is hard and even you are trading, with shorter time frame for your trading positions than what you can do with investment, you should look at the chart from wide time frames to narrow time frames.

Wide time frames like year and month charts can help you to see overviews of market cycles and latest trend. Such overview will help you to have better plan for your trading and help you to have plan B when your trading position is failed. If you trade spot, when your Plan A fails, you can use Plan B and do something like moving from Trading to Investment. It helps you to avoid loss from  Trading.

Narrow time frames will help you to find good entries for your trading positions and potential exit prices to take profit as well as cut loss prices. You can not find those prices if you only look at narrow time frames and skip wide time frames.

I find using multiple timeframes very good for long term trading but for day trading or scalping I don't find it very useful.

This analysis takes a long time and will never be useful for scalping deals or day trading that depends on small and fast deals, so in this case it is better to use one time frame, mostly H4, which is preferred by most traders.

But of course, in the long term, more than one time frame must be used to obtain the market trend in a way that makes you able to make the appropriate decision.

For me, using multiple timeframes is a good thing indeed, regardless of what are you trading. Because using multiple timeframes will help you to get a good entry.

It will help you to identify trends and patterns because you are not sticking to only a one-time frame, it will help you to decide also until when your trade is valid.
Using multiple timeframes also can help you better time when to enter and exit trades.

I set high timeframes for long-term transactions and low time for scalping the market. Our major goal is to identify good market entries, which is why I'm acquiring the skills to implement analysis using both high and low timeframes. Markets are examined using timeframes that correspond to trend lines and trading patterns. Combining several timeframes provides you a more comprehensive perspective of the market. These timeframes are typically lengthy such as one week, a month, or even a year, for the reason to understand the project's chart pattern.

This is just proof that our experience is the one that will teach and tell us what we should and shouldn't do in conducting trading activity here in cryptocurrency. That's a good thing you did, honestly speaking. An individual trader needs to know what timeframe he is going to work on, and he should also be able to feel the direction a coin's value is headed.

And it's good to apply that timeframe for me in spot trading, I've already tried it on myself, though, I'm not an expert person as a trader but instead, somehow I get a profit from conducting trading activity in also by using the timeframe, indicators, and other tools also in the trading view.

Using multiple timeframes to increase how accurate you are when making analysis is a professional tip. Depending on one timeframe in trading increases the chances of you you making wrong decisions in trading. There are many timeframes that you could choose from in trading and they are all available so that you can have a better analysis and be able to analyse the trade your about to place based on different timeframes and not just one. Using a wrong timeframe can make you make wrong trading choices.

With different time frames, you will have different entries and different open times before you should close your positions.

If a trader can use different time frames, more potential entries will be seen and from some potential entries, a trader can choose a best one to open a trade. He can skip entries that contain bigger risk and only open a position with safest entry.

It will help a trader to have more possible trades and reduce waiting time between two trades. Like if I trade with 1-hour time frame, I will not have many chances to trade in a day because I have about 8 to 10 hours for sleeping.

This is actually a very good idea. Not only because you get better clarity but also because this ensures you know the trend of the market in all time frames. If you know both the long term trend and the medium term trend you know what are you doing in the short term trend as well. It increases your confidence and gives you confluences on any trade.

Interesting :-\.

Hmm, Lookin forward now things are getting boosted in the trading discussion section. I do agree with you that two are better but in specific cases.


Timeframe, I do agree with multiple timeframe analysis but a person who is trade specific is not able to analyze different zones. A trader is always recommended to watch the daily timezone or even higher the lower timeframes are not for the day trader. This si the reason you need to be choosey in the timeframes because using non-required timeframes can greatly impact your trade efficiency.

Your use of multiple time frame is correct. Longer time frame is perfect to determine the trend movement long term so the price might dip on smaller time frame like hours or days because price is already pumping on previous month or weeks. Smaller time frame is perfect to use on determining the perfect price entry when you already determined the long term trend via long time frame.

Simply,

Long timeframe - Use to determine the general trend
Smaller timeframe - Use to determine a perfect price entry for your long time frame position

Switching in between is really that recommendable, you cant really just stay up on a single timeframe specially on to those earlies like 1m 5m 15m. Making out some positions basing with those lower TF
should really be that bias into higher ones because no matter how well you do put up those indicators on lower time frame but it doesnt correlate or fit out on higher TF's then it would be invalid.
You cant really be able to make analysis well if you do make out some comparison. This is why making analysis in between is recommended if you are really that trying to find for some good entry.
You cant really just having a single focus because it wouldnt really be that able to give out good results. Try to zoom out and you would be finding which one would be the
most sensible thing to be done.

I don't believe someone can be profitable trading utilizing only one timeframe. If you are a day trader, you must first examine the higher time time frame to identify the market structure and figure out if you are long or short, and if you are short, you must next examine the lower timeframe for a short setup. There are also occasions where a solid setup exists in lower tf but not in higher tf; I normally don't trade with such way. I know it works occasionally, but it fails the majority of the time. It is better to always look at the higher time frame while trading because it is stronger than lower time frames.

I think it also depends on the timeframe that you want to trade in as well. Like for example if you check quicker timeframes, such as 1-3-5-10 minutes, that means you want to do intraday trading, if possible leverage, like x100 or something (advice to do lower) and maybe even as quick as buying and selling within 1 hour if possible. However, if you do 30 minutes, 1 hour, or few hours, that means you might be looking into longer term trades, like you can hold it for a few days at least, maybe as much as a week or more. The longer you keep, it becomes investment and not trading, because I believe someone who held something for over a month means they invested into it, that shouldn't be considered trading. So the timeframes on charts, should equal timeframe on when you want to buy and how quickly you want to sell.

TBVH (to be very honest) i am so amazed to read that you use 5 timeframes before making entry into the market, i wonder, you must have so much money or do you care about your winning rate that much because As Far As i remember, i never watched 5 timeframes to make any trade. all i do is, check the daily timeframe and monthly timeframe maybe sometimes, weekly too, but before doing that i prefer to analyze the market sentiments overall. Like, for now, weekly charts might be indicating a good profit because manipulation was its highs and still market recovered quickly and approached to $27k in that journey, i know that before every halving of BTC, there comes big dumps that might be manipulated or artificial ones but their occurrence does impact the profit ratio.

So, keeping that in my mind, plus the fundamental analysis too, i perform trading. still with DCA and stop loss. Even by following all of these indicators i never made big profits even mostly i have been in a loss. So, for now, i gave up on the market and doing holding.

Plus, i totally, I agree with your strategy plan, if you always stick to one strategy despite the knowledge of the overall market situation you will definitely going to be liquidated. So, i recently read a topic ->  I found a trading strategy that blew my mind! (https://bitcointalk.org/index.php?topic=5451662.0) and every single member guided him to not rely on this single strategy only. But i think, things will become more complex when you chose multiple timeframes, well at least it becomes difficult for me, maybe i am not that much smart maybe i do not want to give it that much try. Well, looking forward to getting more from your experience. please next time share an example too.

So what are your overall trading achievements?
I think it's better to trim the analysis work to some let's say 2 or 3 most effective time frames just to open one trade, because the remaining 2 imo are just complementary.
For example, you're a scalping trader, the most effective analysis time frame is a 1 minute to 5 minute chart to analyze trend patterns, or a day trader's is 30 minutes to 2 hours.

Trading can be done in different forms. Some can do the basic and still be profitable. Trading with one frame can be in the basic side of trading but if you think you are now ready to take more risk then why not add more and explore other jargon in trading? If you think this will make you earn even more. If you think lower time frame is sometimes better than the higher time frame then why not try it more often? But, you can still trade with a higher-time trade just in case the other won't work really well. It can serve as a back up you know. Not all traders are the same and maybe some can start or prefer lower time frame more than the higher ones.

I think 5 timeframes is an overkill but if it is working out for you then well and good.
I mostly stick to 3 timeframes which gives me a good insight of the market.
Also, sticking to just one timeframe is bad because it doesn't give us the overall picture of the market.
Anyone trading, should use at least 2 - 3 timeframes.

Usually day traders give more important to time frames and for long term traders its not really helpful in any way cause the trend can be affected by other factors surrounding cryptocurrency market. However it's better to have alternatives instead of just sticking with one or just go with random time frames according to the market situation will be my preferable choice in short term trading.

This is not about trading with money but striving to maintain consistent winning. Even if you are trading with a little amount, it shouldn't give you a reason to lose it through careless trading.

I don't understand what you meant by the example, I can't have all the trading strategies and plans of everyone to know the timeframe combination best suited for it. The general info is enough for people to know how to blend their combos.

I disagree with you on that. Although any trader could use one timeframe successfully if a good strategy has been developed for both short and long-term trading, yet in my experience, the two are better monitored and managed with multiple timeframes. Those who trade the long term with higher precisions can still combine 1M+1W+1D or 1M+1W+1D+4H or 1W+1D+4H.

It's because of the good success rate I shared it with you guys. And if you must know, I have a winning rate of about 85-90% monthly. It could be more if the market is strongly trending. I am a trend trader.

Handling 5 timeframes together is never overkilled for me and as a matter of fact, it's as flawless to the point that I conclude all the analysis in less than 1 minute. That must surprise you, but you shouldn't be surprised, my only time-consuming strategy which is Trendline has been automated, so it's easy for all my strategies to be read on each timeframe in less than 10 seconds.

That is indeed surprising to me because it's hard to believe that you can read strategies in less than 10 seconds.
But if it's working out well for you then I am happy for you. On the automation part I am impressed because I am finding ways to automate strategies myself.
Firstly, I am looking for indicators which can give me the right analysis and may be then I will try to automate it.

What I am confused with is that one strategy doesn't work for all coins/stocks and different timeframes.
I did find one strategy but it just worked on one stock and few coins and also just on one timeframe.
When I changed the timeframe the results were not so good.

I think it is quite obvious that market is a volatile thing and just one strategy wouldn't really work when trading, timeframe is the same because if you pick one that helped you today, could be bad tomorrow and you should be aware of that. This is why it makes sense to just focus on what you have, and not what you could have in the future if you are right, because you might turn out to be wrong.

Trusting even in yourself to be always right is wrong, certainly wrong if we are talking about others. Holding is better, because holding means you are not doing anything weird, you are just holding until it gives you profit and if you can wait for that to happen, no matter how long it takes, the result will be a profit, and you will be right in that regard.

The topic title alone, just said it all because yeah you can't get a proper direction of the market without looking at the bigger picture of where the market is actually going, and trust me with a MULTI-TIMEFRAME analysis lets say for my own pick, i go with the DAILY, 4H, & 15Ms, you will have a good mindset free, how i trade with this timeframes is like this:

• DAILY TIMEFRAME

i use this timeframe to see the overall trend direction, now this is depending on what your setups or patterns you want to see in the DAILY to be like.

• 4 HOUR TIMEFRAME

when am done with what i want to see on the DAILY TIMEFRAME i drop down to the 4HOUR TIMEFRAME to look for my AREA OF VALUE some call it P.O.I(point of interest), P.O.I or area of value can be OB{order block} OR FVG{ Fair value gap} what ever thing you name your poi or area of value, when have marked out my poi or area of value i then drop down to 15ms

• 15ms TIMEFRAME

now this is the timeframe i take my entries and place my S.L {STOP LOSS} for good reward ratio, some can go down as deep as 1 Minute timeframe for entries.

You should not be surprised my friend, these are strategies that are always instantly loaded upon opening the trading platform, so reading them are fast, just like glancing at a thing and immediately you know what they are and what they can do. Also, I believe you need more practice to actualize your goal of a good trading system.

But be sure to know that the trading system might not be the issue at times, many abandoned a good strategy because of that, not knowing that no strategy is perfect and traders can't be successful without proper money and risk management to complement the strategy. And good strategy could be one or more, it doesn't matter.

Good to see that your trading system is working well for you. I have just started to learn more about the technicals in trading.
I guess it will take a while before I really figure out whats gonna work for me.
As for the timeframes, I mostly stick to 3 timeframes 1D, 1H and 15m which are ideal for me right now.

Having multiple time frames doesn't matter, it depends on the price action of your pairs that you choose to trade. For instance, you open a long position of any coin and anticipate for it to go up, whether you are using 30 minutes, 1 hour, 4 hours, 8 hours, and 12 hours, profit will be made if it goes in your direction, what differentiate these time frames is the candle they produce respectively in each time.

Your target as a trader should be your support and resistance regardless of what ever time frame you choose to trade, the gains are going to be the same thing when you measure it and the same thing for loss as well.

When you are so used to doing a thing, obviously that becomes easier to handle. There are a lot of people who have absolutely nothing to do and they still ended up with a result in the end. Why? Because if you learn what to do and do it for many months even years, then it becomes a second nature and you do it very easily.

There are way too many people who still do not understand what this means and what they should be doing, that's an unfortunate thing but I bet that it is going to be an easy thing eventually. Just realize that it is a life that's a bit harder on that side and you will be able to actually consider it as a good thing. I know people are looking at bitcoin as a way to make profit but you need to work hard to get there for sure.

I agree with you. Data analysis is the key to successful trades. And what's the best way to do it rather than looking through every available data? Every timeframe has its own unique characteristic. Based on that data, we choose different types of trading strategies. It gives us more freedom to move, collect and analyze data. This helps us to better understand the market's behavior and gives us the best results on when we should enter and exit the market.
The more time you give to something, the better you will become at it. So not sticking to one timeframe and exploring others will take more time, and by doing so, we will get more knowledge.
Overall, it's a good practice to have in order to expand our knowledge and become better at trading. Understanding the market and its movements is essential for successful trades. So no doubt this will help a lot on that matter.

Using different trading timeframe is well advised because all the time frame are Indeed necessary and play there different roles. Analytically , the timeframe can be explained with trying to see what stands before you before it happens. So you can see the short time effect and long time effect of the market by looking closely at the timeframe. 1 minutes and 4 hours will not give same result likewise 4 hours won't give same result with monthly. Example if the market close by the month, it is significant to the expectation of the next month. You watch different timeframe to know when to enter the market and when to exit. Most traders use lower time frame like 1 minutes and between 15 minutes to enter the market and decide when to exit by also looking at the longer timeframe, this is how important timeframe is.


What is worth doing is worth doing well. If you have to trade for profit then it is better to observe all what is good for the trade. It is a good trading strategy to take your time to get things right because if you get it right, it will reflect in the profit.

Yes, it would be wise that you shouldnt really be focusing into a one point on which you wont really be tending to zoom out whenever you do make use of some strategy specially on trading on which we

do really love lots of things that we do need to know or to use up specially on trading. Strategies is  having lots of variations and speaking about multiple timeframes then it would really be just that normal that people should really be trying out to look for some biases on other timeframes on which it would really be that normal that you should not focus on putting up indicators on 1m 5m or 15m without trying to look on 4h 1D TF's on which you would be needing to see some confirmation if those entry or exit points are really that indeed considerable because you could really be
able to make up some patterns on low timeframes but doesnt really match up on higher time frames.

I must say that this is a very good combination. If one would want to use very large time frames like 1Y, 1M and even 1W, there are other sets of timeframes that work best with them, and the same thing goes for the combining in which the highest timeframe is 1D like yours.

In 3 combinations, I love settings like (1Y, 1M and 1W), (1W, 1D and 4H) and (1D, 1H and 15m) which is yours.

All I could say is that your statement lacks coherence. I'm always with the disposition that traders can use one or more timeframes, it's all about them. But for you to be specifying price action as a basis is out of the line. Price action is the first strategy I use before others are considered and I also have many friends using price action with their multiple timeframes as well.

What's there is that if many timeframes agree on the same trend, it gives better filtering and signal reliability other than how they disagree independently, a situation in which the market might be deceptive with the one you use if care is not taken.

Oh yeah, even if I am not doing the trading on regular basis then also I know the fact that you have to have clear picture of lengthy timeline. On one front past timelines can tell you how things were for the projected timeline and during the various events that might have happened. For example it can give clear idea if Bitcoin stood its resistance when FTX collapse was happening or if China declared no bitcoin country etc etc. This is just example but such analysis can be done easily. On the other front it is easy to understand the pattern of specific coin, it’s volume, it’s growth and declining nature etc. This is the reason multiple time frames should be done.

I guess the FTX and China analysis is funny to me even though I understand the point you were making there but however, it is still difficult to see that through the chart except it is a fresh chart, probably the same day they happened. But if it is a long time ago, it may not be easy to know except you are specifically checking for that which may be of no use on the long run because that incident is not repeating itself again. But it is right to use different time frame for trade, it gives more direction for trend.

I strongly believe in this you say, we need to have a multiple of data to compare from each other in other for us to arrived well at the desired destination having better results to proof for it, there are times whereby we will need to sit and make comparisons form what we are having at present to what we already have in times past, this also lies in our individual abilities and how we are able to relate information together to arrived on same outcome using different time frames in both the present and past events with their respective months altogether.

A very common approach or something which it is really that mainly be needing for you to zoom out on different timeframes so that you would really be able to picture out and to see those indicators would really

give out that kind of idea on which it would really be able for you to make out analysis and would really be able to give out the idea on what you should really gonna do. Always find out for confirmations on other timeframes because if you do stick into small ones but the higher TF's doesnt give out any biases or confirmation then the analysis you had made on lower TF's wouldnt really be that something ideal or
wouldnt really be that good at all.

You would really be able to realize these things on the time that you would really be able to put yourself into this unpredictable market on which checking out in between TF's would
really be that something a very normal step to be done.

Do you know that some uses multi time frames analysis, theirs is no trader that uses one set analysis in trading you most at least have diverse timeframe to execute your trading to be able to master the market,  some times some of the traders uses some days to study the market before going into either monthly or weekly in trading, and it's obvious that in trading what can easily make a trader to know the strength of the market is when it uses chart and interpret the chat of the market very well.

Did you just say 1Y. That must be really huge. I have never went past 1M which I rarely read.
For me it has mostly been 1W for the highest time frame and it gives me enough data to analyze the trend.
What do you generally read when you are looking at 1M and 1Y ?

I strongly agree with you OP. As it is even said that 'two good heads, (but in this case, time frame), is better than one'.
There used to be a popular music icon of the name D'banj, who often was seen wearing two different time piece on both of his wrist. When asked during an interview the reason behind this mentality, he said he did it so he could tell the different time zones in order not to miss his schedule which involves business with international clients from Paris, UK, China.

While that helped him maintain a cluster free schedule and he is able to fulfil his duties and be early for his appointments, there's no saying why this strategy for getting better market clarity won't work like magic for any tier of trader who is all about making profit and taking advantage of opportunities.

I understand you quite well, but the scope is not directly knowing the China and FTX issues via the chart but knowing the effect of their action and issues respectively on the chart. In other words, the chart allows traders to know the winning bias/sentiment in the market regardless if it's caused by news or not, the chart will always pick it. So, both of you are right.

The point is that I generalised the combo, not that I use the 1Y, but I often see it on some trading platforms despite being absent in many others. Basically, there is no need for retail traders like us to be using the 1Y chart, it's widely used by institutional traders, especially for trading stocks, bonds and many others. They could hold their positions for several months and years which makes it useful for them.

I've preferred to use a short time frame 1H, 1D, 1 week. Because in trading, we often take advantage of every up and down which only takes just a few minutes but of course, we also have to look at what happened a month before just to know that we are not buying at the inclining trend. Perhaps we can use them all if we have enough time to spend in the market and it was encouraging but yes, it will depend on where you think you are confident. And I would say that it was best to focus on the time frame that you usually used and if it was effective.

In my opinion, daily trading is more inclined to small time frames, and larger time frames are used as a reference for analyzing longer markets. I usually watch the trend from the larger time frame and place transactions on the smaller time frame. the smaller the time frame used, the more support and resistance areas will be visible, and we can use it to trade with faster market reactions in the visible support and resistance areas. if we analyze on a large time frame, the price reaction will take longer, even though our goal is for short-term, or daily trading

Trading in the bull and bear seasons can become difficult; we simply require to comprehend the market's concepts and price action; this will at the very least facilitate our trading journey. We are acquainted with trading strategies, alongside the support and resistance zone becomes obvious with these smaller views and advantageous trading intervals. I prefer shorter time frames because I am an experienced scalper in the market; trading daily will result in more stress. Despite bigger time frames, we can see the chart perfectly, and the market is turbulent at all times.

You have to use different time frame, different indicators to know when to buy and sell and see your current position, there’s no wrong on doing this and you can become more effective trader if you have this trading strategy since the market can’t be ok in just one time frame or indicator, expect for a trader to use multiple strategy. This is trading and you are looking for the best combination, day trader are often looks at a shorter time frame.

These time frames are available because they are very helpful when doing analysis. I indeed use short and long time frames just to picture what really happens on this particular project as we can't just rely on what happened today or this week but also, we consider what happened several months ago. Yes, the use of multiple timeframes makes us clearly understand their situation and it was easy for us to decide whether we have to buy this or not based on their previous performances.

No matter what we are trading in the market, we need to understand the importance of multiple timeframe to add to our knowledge because if we know how to use multiple timeframe very well, we shall understand how to relate the smaller timeframe to the bigger timefrsme to get a particular results. The market is going to be bull in months coming and we need to make sure that we develop our skills in trading so that we can earn more from the market when the bull comes and the cryptocurrency market becomes more volatile.

This is a very good combo also so long as you know how you use it accurately. And if I were you, the 1H would be primarily for my defence to know where earliest to place a reasonable stop loss. Aside from that, it doesn't connect well in my understanding for omitting 4H for 1H despite considering 1W and 1D.

I must say you understand this scope very well, using the different time frames helps better in understanding the true sentiment of the market at that time. Not like what a single timeframe might be doing. For example, what 1H tells you might not be the true sentiment of the market at the time, it might only be a mere correction, and this often makes traders lose easily. And those who are smart to use multiple timeframes would detect this and wait until the 1H would align back to the trend before they pull the trigger.

I agree with it as well, multiple time frames that contradict each other would be a trouble and could allow you to stay away from it, whereas if you are careful about what you are doing then you could make a profit with multiple of them showing the same thing to you.

That would mean that you are on the right path and you could make some profit with it. I am not saying that you should be making a big profit right away, that's not how it works and you are going to end up with a different situation, but at the end of the day we are going to end up with a great return and that should be a bit more different. I believe that we are going to end up with a situation where people would make profit based on what you could be seen everywhere.