Suggesting time frames: Why not to use short time frames?

[hunter]

I have thought a lot and traded almost at all time frames from M1 to D1, I never tried weekly or monthly. I used indicators set and it seems so interesting to see chart moving and price moving together in short time frames. Also, you get signals too often in M5 or M15 time frames which enables a trader to trade more often. But I will never suggest to trade at time frame below H1 unless you are a scalper.

Reason: Have the crosshair cursor or well, just measure the distance between the two grids, it will be very less in lower time frames and good in higher time frames. Now, if your brain or indicator says - this candle would end up by moving that much far, you would open a trade which in lower time frames will open half way towards the profit level due to spread and every grid will have very less number of pips. It not just about inaccuracy but also number of pips you are trying to earn. If it was higher time frame, your trade wont open that far from the price you see on chart and if your indicator suggest that the price would close by next gridline in MT4, you will earn at least 10 pips if not more.

Good luck with higher time frames!

[faroq]

i think it is the depend on the traders that how they trades in the trading market but i think the traders who trades the short term they can earn the more money form the trading and that is the better for the traders to trades the short term

[Resmana]

i think it is the depend on the traders that how they trades in the trading market but i think the traders who trades the short term they can earn the more money form the trading and that is the better for the traders to trades the short term

in the trade would have to have sufficient expertise to get certainly earn in profits, and long-term trade we need to train in managing risk well, the thing that will destroy the uncontrolled trade forex in risk issues

[Ashley Mallett]

For me, trading in forex is really worthy. A lot of people in this world earn a lot of money by trading in forex market everyday. if you want to make the forex trading worthy you need to trade by following all the rules and techniques. There are also a lot of people who can not make this suitable for them because of low knowledge. If you have enough knowledge about forex, you can make a lot of money. I always trade with TP Global FX. It always helps me to make profit. I love their strategy and techniques.

[Liam Lawson]

Risk management is essential in forex trading. It is helpful not to take more than 5% risk in one trade, and you need to determine what percentage of risk you took in your trade. As for me, I take maximum 2% risk of my capital per trade. Forex4you give me high leverage but I use 1:100 leverage. High leverage expose high risk.