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Author Topic: What time frame do you use for trading?  (Read 17 times)
Oshosondy (OP)
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Today at 11:49:53 AM
 #1

I think some people can learn from this while making analyses. There are different time that you can use for your analyses before you open a position, like 15 minutes, 1 and 4 hours, 1 day, 1 week, and 1 month. There are still other ones which I did not mention.

If you are good trader that is making money while trading, which time frame are you using to read the chart and for making analyses? I can easily know what type of trader you are from what you will post.

Or you do not believe in using technical analyses and indicator? I think only holders will not use technical analyses and indicators but many holders use long term time frame.

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Fivestar4everMVP
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Today at 12:58:19 PM
 #2

For me, I am more of a holder than a trader, that is, I prefer to invest in good coins like bitcoin and some altcoins and hold for the long term because I've tested both trading and investing and realized that investing and holding is way way more profitable than buying and selling off the next minutes for small profits.

But this does not do away with the fact that I still trade sometimes when I see a very good opportunity in the market to make some cool money, and when I do trade, I mostly make use of the 4 hours chart. I like using the 4 hours chart because its carries a lot of details concerning the present condition of that market, with this, it's easy to tell if truly an asset is going up or down or doing sideways.

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joeperry
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Today at 01:19:06 PM
 #3

For my strategy, I only use 5m and 15m time frame and honestly it works best on those time frames compared to 1 hour and higher. I'm not really a great trader that constantly earn with my trades but I find my current setup successful with smaller time frame. Aside from setting my strategy, I also look for pumping coins and go along with the momentum, I know it's dangerous that's why I keep my balance in my futures account at minimum and I didn't increase my leverage more than x3, sometimes it doesn't work but if it works I am leaving with x3-5 of my balance in my future account.

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Odusko
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Today at 02:13:58 PM
 #4

To be honest, because of high volatility in the market, I don't use one single time frame or strategy, I combine all of them, and what decides which strategy to adopt for my trade is always born out of my experience of the market and the current condition that I find the market at that said time, Sometimes I just take 1 minutes when I sees a great profit chances that née my quick action to buy into the market.

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