I think it takes much longer to learn how to trade on high TFs. Also if price is pretty much the same on all TFs, why would you trade few positions and seldom rather then many and often? I mean if you trade many you get results (+ or -) faster then on high TFs?
I mean, if i trade 15 positions a day, i learn something from each and every position. 3.000 positions a year.
If i trade 1 position a week, i learn only that which those 40 positions that year can teach me.
However, to say price is the same on all TFs is false. For an example, take a H1 chart of E/U, make lines at 0:00 o clock London time. You can CLEARLY see that the first 7 candles are definetely shorter then the next 10 candles.
However, that alone is not reason to trade high TFs.
But anyway, i dont really care. People do what ever the hell they want. I will just take some of the money they are apparently offering meanwhile.
I mean, if i trade 15 positions a day, i learn something from each and every position. 3.000 positions a year.
If i trade 1 position a week, i learn only that which those 40 positions that year can teach me.
However, to say price is the same on all TFs is false. For an example, take a H1 chart of E/U, make lines at 0:00 o clock London time. You can CLEARLY see that the first 7 candles are definetely shorter then the next 10 candles.
However, that alone is not reason to trade high TFs.
But anyway, i dont really care. People do what ever the hell they want. I will just take some of the money they are apparently offering meanwhile.
My signature is: "Classified".
it's quite the opposite my dear CholiPop , Position Traders are the real deal , Holding a position for +500 pips and staying in red for +100 pips is the core of the plan , if you have deep pockets you won't bother the stress of day trading , you would likely position yourself after a given setup compatible with your system is formed . Low TF's are a mess and full of noise in the bigger Scale .
