rabiulawal1971 (OP)
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January 23, 2018, 02:08:41 PM |
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:)What is the best time frame to use for day trading? Plz suggest .  |
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whirlcoin
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January 23, 2018, 03:42:45 PM |
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:)What is the best time frame to use for day trading? Plz suggest . If you want to be a successful day trader then your schedule have to be 24/7 because if you want to earn more money you need to do more trades as much as possible so you have to be available all the time to get more customers. |
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SrEasts
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January 23, 2018, 05:24:44 PM |
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:)What is the best time frame to use for day trading? Plz suggest . If you want to be a successful day trader then your schedule have to be 24/7 because if you want to earn more money you need to do more trades as much as possible so you have to be available all the time to get more customers. I think he was referring to the time frame of the candles on the candlestick graphs... I'm not an expert on day trading but i believe that you should go with the 15/30 mins ones or the 1h candle! Day trading is hard, educate yourself the best you can to make sure you have more successful trades than bad ones! Goodluck  |
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malikusama
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January 23, 2018, 05:26:48 PM |
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:)What is the best time frame to use for day trading? Plz suggest . Day trading need more concentration and dedication as well as expereince. Time frame for daily trading depends on your selected coins it can be from 5 to 10 hours, but you need to be attentive and stay in touch 24/7 which is a bit difficult, so try to stay update with the market as long as you can. |
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mamabtc
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January 23, 2018, 05:34:54 PM |
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If you want to do it just for fun without big expectations, then you can choose any time. If you really want to see mesurable outcomes, then consider a 24/7 time frame to be the right one.
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MiiDoViic
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January 23, 2018, 05:53:51 PM |
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:)What is the best time frame to use for day trading? Plz suggest . Depends on what you mean by time frame ! Is it the time frame of candle sticks or time frame of the day ? If it's time frame of the candle stick a suggest you rely on 1h sticks If you are trading with small amounts , 30-5 min if you are trading with big amounts. If it's time frame of the day then it would be the whole day if you got that kind of free time . |
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starsnshamrocks
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January 23, 2018, 05:58:38 PM |
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Depends on what you mean with best? The most volatile times might not be the best times .. as the risks are also higher then. Usually the more market participants are awake (worldwide ) = the more active the trading volume = the more liquidity in the markets = the more attractive the conditions to get and out of positions (less spread, etc. ) .. but those times are also tend too be more volatile too (more risk, more possible chances) :)What is the best time frame to use for day trading? Plz suggest . |
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Aleister Crowley
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January 23, 2018, 06:29:55 PM |
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:)What is the best time frame to use for day trading? Plz suggest . If you want to be a successful day trader then your schedule have to be 24/7 because if you want to earn more money you need to do more trades as much as possible so you have to be available all the time to get more customers. for some reason ,, it seems to be very difficult to monitor the full hours of work 24/7 if moving alone. I think it's better to start buying and selling in a short time even with small profit amounts, and should be done in altcoin exchanges tirelessly |
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haroldtee
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It all depends on the time you feel is convenient for you or you feel you can handle. Asking this kind of question shows you are newbie to trading, so you need to be extra careful. Day trading should not be the place you start from. I would say you learn how to use some of the indicators well, most especially MACD, RSI, Moving Average and Stoch. One way or the other, they always help in making good trading decisions when combined.
Lastly, stick to 30mins chart above and you will also be better off with trend following, while making use of some of those indicators that I mentioned. However, if day trading is all you are after, you can still go the 15mins, anything lower than that actually sucks as far as I am concerned and would be too risky but please do not trade without learning as you will definitely fail. Not a curse, it is the truth.
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