HI everyone.
I want to ask whether there are forum members here trading exclusively the weekly or monthly time frames?
I have been interested in trading for over 5 years now and been trading for the last 3 years.
However, analysing charts and fundamentals really takes almost all of my free time and adds stress. I also have a regular job.
I would like to slowly start adjusting my system towards the highest time frames, in order to have time for other things.
Before someone starts to bash me or call me lazy- I have been reading/analysing news and charts on average for 5 hrs a day/everyday for the last 5 years (after work). On weekends I often put 10-12 hours a day for trading related stuff.
Besides, on the weekly, and especially monthly time frames price action is a lot clearer. I would have to adjust the leverage, stop loss and take profit levels though.
I would like to hear some advice on this from anyone interested in the same.
I want to ask whether there are forum members here trading exclusively the weekly or monthly time frames?
I have been interested in trading for over 5 years now and been trading for the last 3 years.
However, analysing charts and fundamentals really takes almost all of my free time and adds stress. I also have a regular job.
I would like to slowly start adjusting my system towards the highest time frames, in order to have time for other things.
Before someone starts to bash me or call me lazy- I have been reading/analysing news and charts on average for 5 hrs a day/everyday for the last 5 years (after work). On weekends I often put 10-12 hours a day for trading related stuff.
Besides, on the weekly, and especially monthly time frames price action is a lot clearer. I would have to adjust the leverage, stop loss and take profit levels though.
I would like to hear some advice on this from anyone interested in the same.