Daily Chart Trading

Hello Traders,

Is it just me or some others are also feeling frustrated trading anything lower than daily charts? Is there anyone who trades daily charts as the primary trading strategy?

Thanks

in my opinion Daily chart trading need a big capital

Not really.. Depends on what you are looking for, depends on the % you risk on each trade, and depends on your strategy. But I do agree that you should be looking to make less than trading on lower TF charts.. But in my opinion, trading daily charts means looking for more realistic and "do-able" earnings

Absolutely I only trade the daily time frame. Anything below that is just to much noise for my tastes. And it doesn't take big capital... You just have to realize your not going to as many trades on the daily time frame, so imo the normal 2% risk on trades goes up. So your wins (and of course your loses) will be larger.

Lower time frames are risky to use; because they change their direction for many times in a day! That means, lower times are appropriate for scalping trading not for swing and others long time trading style! As a long time trader, D1 is my favorite time frame!