KA Profile picture
KA
Investor mindset Trader I personal finance | Index Investor | since 2008 |

Sep 11, 2020, 6 tweets

what do u think about 1 min candlestick chart?

1 min - tik tok.
1 hour - youtube.
The bigger gambler = the less time frame u will use.
Smaller time frame reduces ur attention span.
U get anxious immediately in 4 5 or say 15 20 min if move doesnt come also a slight %ge fluctuation in small time frame looks big which again play

With pshychology of a trader.
Now come to scalping part -
1) how many scalper have u seen going big or have ever scaled up big in long run, i have seen no one.
2) its just like a bad habit which will never let u ride big moves even when trend is clear and one sided as you become

Habitual of booking profit in small move.
But yes its fun u are enagaged for whole day and most imp u scalpers are the one who is making brokers and people like me rich.
Now what i did - in 12 years i havent traded anything below 30 min charts and if i say of last 5 years

Nothing less than 1hour or 75 min less i prefer.
I dont want to scalp, either a big or sit tight kind of attitude... Its not compulsory to trade everyday every min.
But again its your choice if u think u can get success by trading such tf go ahead, its better u learn on ur own.

Also those who constantly promote smaller time frame is gambler in my view especially those who uses an argument that u need super fast skill to trade 1min chart, dude have u ever taken big trade on such tf?

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