(1/7) Perplexed with what trading strategies you should implement? Let’s dive through the realms of shorter-time frame trading. 🧵
Read more at medium.com/zignaly/llts64…
Read more at medium.com/zignaly/llts64…
(2/7) #TradingTip: When trading, it’s important to recognize an underlying trend and trade around it to #profit consistently 📈
(3/7) In order to make the most of #trading, it’s important to understand different time frames. #Shorter-time frames (1-15 minutes) can offer more opportunities but can also be more #volatile. 🤔
(4/7) Trading for shorter periods can result in more significant losses and smaller gains. Therefore, it’s important to have a reliable trading strategy that has a strong probability and risk orientation. 📊
(5/7) On event days, it’s important to be especially careful when trading on a shorter time frame, as prices can be unpredictable due to news items. 📰
(6/7) Shorter time frames can lead to #impulsive trading decisions, so make sure you have a plan in place to manage risk and stay in control. 😎
(7/7) To maximize your chances of #success, it can be helpful to analyze different time frames and see how they #correlate. 💡 #Trading #DayTrading #Investing #Finance #StockMarket #InvestmentTips
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