Do you make a living trading small timeframes? | Forex Factory

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Do you make a living trading small timeframes?

  • #1
  • First Post: Edited Aug 4, 2019 8:43am Aug 3, 2019 8:03pm | Edited Aug 4, 2019 8:43am
I ask this question for a couple reasons. Firstly, I am always interested in hearing how people have bee able to earn their livings doing something they love doing.

Second, I have made money on smaller timeframes but I cannot handle the stress and how it makes me feel. I'm just being honest.

Once I began trading the larger timeframes, I have been able to do well in a stress free way.

So if you are a professional short term trader tell me and tell others your secret to being able to do it.

Personally, I am more interested on how you position yourself to do it mentally. I'm sure there are others interested in systems and what not.
  • #2
  • Aug 4, 2019 4:06am Aug 4, 2019 4:06am
Belongs in section Trading Discussion
  • #3
  • Aug 4, 2019 4:33am Aug 4, 2019 4:33am
Quoting 6200trading
I ask this question for a couple reasons. Firstly, I am always interested in hearing how people have bee able to earn their livings doing something they love doing. Second, I have made money on smaller timeframes but I cannot handle the stress and how ir makes me feel. I'm just being honest. Once I began trading the larger timeframes, I have been able actually do well in a stress free way. So if you are a professional short term trader tell me and tell others your secret to being able to do it. Personally, I am more interested on how you position...
Hello
I do not understand you.
I have a proven trading system and follow its rules. And it works fine.
no stress.
  • #4
  • Aug 4, 2019 6:09am Aug 4, 2019 6:09am
tiborf71, I think you do understand him/her because you answered the question. I don't understand that you don't understand. Understand?
  • #5
  • Aug 4, 2019 6:40am Aug 4, 2019 6:40am
Quoting tartan trade
tiborf71, I think you do understand him/her because you answered the question. I don't understand that you don't understand. Understand?
I suggest you read my post again.
you might also discover new meanings in it.
  • #6
  • Aug 4, 2019 6:53am Aug 4, 2019 6:53am
Quoting tiborf71
{quote} I suggest you read my post again. you might also discover new meanings in it.
Hello
I do not understand you. Understand.
  • #7
  • Edited 7:17am Aug 4, 2019 7:05am | Edited 7:17am
Is stress really that bad? Whenever im out of the market i miss something... If i want to be very honest, i would say i need that stress. 5 coffee a day and i still feel tired, but taking risks(stress) make me feel like im alive

edit: what im trying to say is that you cant really avoid stress in my opinion. If you cant avoid it, get used to it and start liking it.
Necessity knows no law except to conquer
  • #8
  • Aug 4, 2019 8:15am Aug 4, 2019 8:15am
Quoting tiborf71
{quote} Hello I do not understand you. I have a proven trading system and follow its rules. And it works fine. no stress.
What exactly do you not understand about what I posted? I will try and clear up what you don't understand.
  • #9
  • Aug 4, 2019 8:23am Aug 4, 2019 8:23am
Quoting 3ndlessHope
Is stress really that bad? Whenever im out of the market i miss something... If i want to be very honest, i would say i need that stress. 5 coffee a day and i still feel tired, but taking risks(stress) make me feel like im alive edit: what im trying to say is that you cant really avoid stress in my opinion. If you cant avoid it, get used to it and start liking it.
I concur that some stress is good. When I was younger and playing sports, stress drove me to success. In fact, the difference between a great athlete and the others is how cool they handle themselves under pressure. Poker players also under a lot of stress.

Don't get me wrong, I still have some stress in my trading. However, it is nothing like the stress from trading low timeframes.

I think one way to at least control the situation would be to automate a trading plan. As an example, if you are looking to get long in a certain area, have a robot or EA ready to take action when it gets there.

Anyways, it's not for me.
  • #10
  • Aug 4, 2019 8:26am Aug 4, 2019 8:26am
Quoting tiborf71
{quote} I suggest you read my post again. you might also discover new meanings in it.
Please explain what I am missing. Now you have me confused.
  • #11
  • Aug 4, 2019 8:33am Aug 4, 2019 8:33am
Quoting 6200trading
{quote} Please explain what I am missing. Now you have me confused.
once you find a workable and good strategy and follow the rules, the stress will go away.
good luck.
  • #12
  • Aug 4, 2019 8:40am Aug 4, 2019 8:40am
Quoting tiborf71
{quote} once you find a workable and good strategy and follow the rules, the stress will go away. good luck.
I do agree with that 100%! I am very comfortable with the "good" strategy I trade now and I do follow the rules so you are spot on.
  • #13
  • Aug 4, 2019 8:44am Aug 4, 2019 8:44am
Quoting tiborf71
{quote} once you find a workable and good strategy and follow the rules, the stress will go away. good luck.
Thanks, I got it, good system, consistent result, less stress. Do you mind saying how much you risk per trade and will you post your system? I do < 2%.

Thanks in advance.
  • #14
  • Aug 4, 2019 8:44am Aug 4, 2019 8:44am
Quoting 6200trading
I ask this question for a couple reasons. Firstly, I am always interested in hearing how people have bee able to earn their livings doing something they love doing. Second, I have made money on smaller timeframes but I cannot handle the stress and how it makes me feel. I'm just being honest. Once I began trading the larger timeframes, I have been able to do well in a stress free way. So if you are a professional short term trader tell me and tell others your secret to being able to do it. Personally, I am more interested on how you position yourself...
My goodness! I just found 4 grammatical errors in my original post. Much better now. I hope!
  • #15
  • Aug 4, 2019 8:58am Aug 4, 2019 8:58am
Quoting 6200trading
I ask this question for a couple reasons. Firstly, I am always interested in hearing how people have bee able to earn their livings doing something they love doing. Second, I have made money on smaller timeframes but I cannot handle the stress and how it makes me feel. I'm just being honest. Once I began trading the larger timeframes, I have been able to do well in a stress free way. So if you are a professional short term trader tell me and tell others your secret to being able to do it. Personally, I am more interested on how you position yourself...
There is no secret other then everyone has a personality.
If you make money, chalk the stress up as part of the job.
If you can't stand the short timeframe don't trade it, find another way, something you ultimately comfortable with, yet still make money.
Not much a sense to feel more comfortable but lose.
Now, that would be stressful!!
As I see it: whatever way others trade or not trade has no direct or indirect effect to your trading.
This is an internal issue entirely, and only you alone can define what suits you.

That said I am sure in a short while you will get answers ranging from yoga to Zen meditation to tree hugging as a surefire way to emotional well being...and most likely being FF a forum as is, just about zero fact to back it up that any of the aformentioned remedies lead to a better balanced and importantly profitable trading.

Happy weekend!
there is always, always another trade!!
  • #16
  • Aug 4, 2019 9:08am Aug 4, 2019 9:08am
Quoting profitfarmer
{quote} There is no secret other then everyone has a personality. If you make money, chalk the stress up as part of the job. If you can't stand the short timeframe don't trade it, find another way, something you ultimately comfortable with, yet still make money. Not much a sense to feel more comfortable but lose. Now, that would be stressful!! As I see it: whatever way others trade or not trade has no direct or indirect effect to your trading. This is an internal issue entirely, and only you alone can define what suits you. That said I am sure in...
Well said my friend. I decided a long time ago the timeframe I like to trade. I started this thread to hear what others had to say about this. I must say I enjoy when I hear anyone is doing well trading and hearing how they do it and what they do fascinates me.
  • #17
  • Aug 4, 2019 9:32am Aug 4, 2019 9:32am
Unless you have a huge deposit, lower TF trade is the only option to make living.... In addition, in Forex, trading at higher TFs is usually more costly due to swap. Lastly, now it looks like even higher TF chart is often choppy and difficult to catch trend.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #18
  • Aug 4, 2019 9:41am Aug 4, 2019 9:41am
Quoting heispark
Unless you have a huge deposit, lower TF trade is the only option to make living.... In addition, in Forex, trading at higher TFs is usually more costly due to swap. Lastly, now it looks like even higher TF chart is often choppy and difficult to catch trend.
Interesting. Do you trade the low timeframes? Are you doing well?
  • #19
  • Aug 4, 2019 9:46am Aug 4, 2019 9:46am
Quoting 6200trading
I ask this question for a couple reasons. Firstly, I am always interested in hearing how people have bee able to earn their livings doing something they love doing. Second, I have made money on smaller timeframes but I cannot handle the stress and how it makes me feel. I'm just being honest. Once I began trading the larger timeframes, I have been able to do well in a stress free way. So if you are a professional short term trader tell me and tell others your secret to being able to do it. Personally, I am more interested on how you position yourself...
I dont use charts or time frames
POW!
  • #20
  • Aug 4, 2019 9:49am Aug 4, 2019 9:49am
One of my traders teammates trade on Low TFs because it suits their personality more.
The stress level and efficiency carrying out the trades however are more immense and intense.

It really depends on your personality, but in the end the goal is the same = to make money.
Is it possible to tweak my Higher TF system to be more efficient to generate the gains as Shorter TF systems?
What can I enhance and what I must sacrifice in the system? Sacrifice time or sacrifice draw-downs or gains?

And lastly imagine yourself trading this system for a long term, will you be comfortable with it long term?
TF aren't even the important factor here, but how your trading system's trade frequency + effort + efficiency that make up everything.

Trade safe
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