👋🏻Hello, my dear-dear friends! 👋🏻
👉🏻The time frame, on which you'll trade is very important parameter, on which depends the number of transactions.
First of all, you need to decide: 💡how much time you can devote to trading at the markets.⏳
🤜🏻There are 3 types of trading methods:
📌long-term,
📌medium-term,
📌 short-term.
⭐Long-term trading - you can make from one to several transactions per month or investing your money for a period of one year.
☑ For long-term trading, you can use charts with a time frame of 1-4 hours or more.
⭐Medium-term trading - you can make several transactions a week.
☑ Medium-term trading usually uses charts from 5 minutes to 1 hour.
⭐Short-term trading - you can make transactions within one business day.
☑For short-term trading, used charts up to 1 hour.
🧐What method choose for yourself?
👉🏻It's all depends on you, how much time you will devote to trade ⏳, on cash capital 💰 and on your goals ⛳.
📌With an increase of time frame equirements for cash capital increase, as a rule, the profit margins decrease, risks decrease, the time required for trading decreases, the number of transactions is also reduced.
🤜🏻You have to make your choice yourself. 💪🏻
🤗 I hope my post helped you to make right decisions. 😘
😚Stay with me, I’ll prepare for you much more different useful and interesting educational posts. 😘
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