(1/6) Are you looking to get into #trading but don't know where to start? Here is an overview of the longer-time frame trading strategy which is one of the widely recognized strategies! 🧵
Read more at medium.com/zignaly/llts65…
Read more at medium.com/zignaly/llts65…
(2/6) Understand what the longer-time frame #tradingstrategy is - it uses charts with a more significant time frame from one hour to one day and has slower price changes. 📈⏳
(3/6) Benefits of #trading this way - you don't have to spend the entire trading day in front of a computer and it helps control emotions as you can make better trading decisions when not as emotional. 🤯
(4/6) #Drawbacks of this strategy - it could take some time to create trade set ups on longer-term charts, and it could take hours, days, or even weeks to develop a trade. 🚩🚩
(5/6) Choose a time frame that fits your #tradingstyle and conditions - day #traders, swing traders, and positional traders may all employ and trade price action #strategies on charts with a larger time frame. 🕰
(6/6) Every trader has their own trading approach and there is no one size fits all. It is important to choose a time frame that fits your trading style and conditions. #TraderTips #MoneyManagement #Investing
• • •
Missing some Tweet in this thread? You can try to
force a refresh
