There are trends within trends.
We can say, simplifing the concept to make a long story short, that there are intraday trends, daily trends, weekly trends, and monthly trends!
Because of trends within trends, a trader needs to know what duration of chart he is looking at.
Ans so which chart he wants to trade.
Take note and don't forget about my demonstration on Carpe Diem @ #46363: it is essential to a correct mindset!
Set YOUR OWN rules.. what justify taking a trade for you (as single!),
according to your personal view of the market (Space & Time), your temperament and character, and capital (account dimension).
We can say, simplifing the concept to make a long story short, that there are intraday trends, daily trends, weekly trends, and monthly trends!
Because of trends within trends, a trader needs to know what duration of chart he is looking at.
Ans so which chart he wants to trade.
Take note and don't forget about my demonstration on Carpe Diem @ #46363: it is essential to a correct mindset!
Set YOUR OWN rules.. what justify taking a trade for you (as single!),
according to your personal view of the market (Space & Time), your temperament and character, and capital (account dimension).
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