Time-Frame diversification

This is a discussion on Time-Frame diversification within the General Trading Chat forums, part of the To Be Sorted category; Originally Posted by smoknfx show me something. z/....

Reply
 
LinkBack Thread Tools Search this Thread
Old Jun 25, 2012, 4:31am   #81
Guest
 
The Leopard's Avatar
 
Member Since Feb 2012
Default Re: Time-Frame diversification

Quote:
Originally Posted by smoknfx View Post

show me something.

z/.
The Leopard is offline   Reply With Quote
Old Jun 25, 2012, 6:23pm   #82
Veteran Member
 
glyder's Avatar
 
Member Since Apr 2008
Default Re: Time-Frame diversification

I trade daily TF when I see an opportunity.
And 15 mins the rest of the time.

But , for me the discipline for daily is way way tougher.
Holding on through the pullbacks to stay n a trend (however brief)
is tough.
And when money is made easier (or proportionately bigger)
on the shorter TF, trading daily
really is mainly a lesson in discipline and patience in waiting for trades
then waiting for an optimum time to stay in a trade.
Would it be easier if I only looked at the charts EOD?
Could be.
Maybe thats the holy grail.
But its not gonna happen.
Not yet anyway
glyder is offline   Reply With Quote
Old Jun 25, 2012, 10:24pm   #83
Senior Member
 
eighteen's Avatar
 
Member Since Oct 2011
Default Re: Time-Frame diversification

with equities i like to hold for a few days, to a few months to years, with forex im mostly in and out same day. but mainly my mind is this, i hold until the position i have is not gonna make me much more money, day trading can be incredibly stupid short term, diving in and out of positions, i mean, if your trade works from am to near close, its going further in the direction you want it to, then why not keep it on? looking at 1 hr trends really is a mugs game, all the big moves evolve over weeks and months.
eighteen is offline   Reply With Quote
Old Jun 26, 2012, 2:35am   #84
Veteran Member
 
deadbroke's Avatar
 
Member Since Nov 2011
Default Re: Time-Frame diversification

Quote:
Originally Posted by BeginnerJoe View Post
I am happy to show you my current trade that isn't a demo. This one has a good chance of turning into a reasonable winner.


Excellent. All the best on the trade.
deadbroke is offline   Reply With Quote
Old Jun 26, 2012, 2:40am   #85
Veteran Member
 
deadbroke's Avatar
 
Member Since Nov 2011
Default Re: Time-Frame diversification

Quote:
Originally Posted by glyder View Post
I trade daily TF when I see an opportunity.
And 15 mins the rest of the time.

But , for me the discipline for daily is way way tougher.
Holding on through the pullbacks to stay n a trend (however brief)
is tough.
And when money is made easier (or proportionately bigger)
on the shorter TF, trading daily
really is mainly a lesson in discipline and patience in waiting for trades
then waiting for an optimum time to stay in a trade.
Would it be easier if I only looked at the charts EOD?
Could be.
Maybe thats the holy grail.
But its not gonna happen.
Not yet anyway



That's a good way to do it.

But the discipline comes aplenty when you see that downwave on Daily aka the inevitable correction to at least 40% of the move - for you see, if the trend is up and extant, the first law of trends is in your favor, namely "the trend tends to continue" - you've gotta milk this concept - once in a while you will get raped but this is always in the BEND IN THE TREND. Its an occupational hazard.
deadbroke is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
What is the best time frame in Forex? shaunna75 First Steps 40 Aug 24, 2012 10:43am
Different time frame, different Pivots?!?! IanMacQuaide Technical Analysis 0 Oct 2, 2011 11:09am
time frame/indicators fivezerozero First Steps 1 Feb 11, 2011 8:35am
Time frame question laoshi First Steps 5 Sep 14, 2006 8:58am
Time Frame analysis Grey1 Home Trader 3 Nov 2, 2003 3:18pm