I know we all have to find a time frame that is compatible with our personality...I like several!
I would just like to know if people who are comfortable with multiple time frames find it easier to make money on shorter or longer time periods.
I am convinced it is possible to make money day trading on a 5 or 10 minute chart and holding for an hour or so but haven't been able to do it successfully.
Using a 15-60 minute chart entry and holding for several days is what I have currently settled on but I so badly want to extract those short term day trade pips as well.
Anyone else have this problem?
I would just like to know if people who are comfortable with multiple time frames find it easier to make money on shorter or longer time periods.
I am convinced it is possible to make money day trading on a 5 or 10 minute chart and holding for an hour or so but haven't been able to do it successfully.
Using a 15-60 minute chart entry and holding for several days is what I have currently settled on but I so badly want to extract those short term day trade pips as well.
Anyone else have this problem?