Quote from: judaspriest on February 11, 2022, 06:16:21 AM

Quote from: Scripture on February 10, 2022, 10:56:48 PM

Quote from: TheEconomists on February 10, 2022, 10:12:30 PM

Quote from: palle11 on January 13, 2022, 05:13:04 PM

I was reading your support and resistance explanation and you actually made it clear that the longer time frame is better for it compared to short time like 5minutes time. That is true and you have made good chart there and help to beginners.
But about the support and resistance, for daily traders sometimes support and resistance is not what you need because is just a short time trade. Candlesticks are important if you are a swinger or short time trader.

Time frame in crypto currency and any others trading platform all depends on individual traders though am not in anyway against op view that long time is more better than like 5 minutes chart.

We should always have our own time frame, what works for you should be your edge against the market and this is not about trader vs trader, this will always be against the market so better to be prepared always. Trading is very tricky, you can lose money without knowing it so better to analyze properly and this is the only way to win.

Yes, that's how trading is and is very complex, we can't just rely on buying when the price goes down and selling it when the price goes up,
in trading we need knowledge and analytical techniques,
Besides that, mentality is also one of the important things

Well, I love to hear analytical techniques but unfortunately, many traders are know-how about the market. They simply just think that trading is all about buying and selling, they have the luck of TA which is very important when doing this. And that is no surprise that many had tried trading will quite later as they are incapable of doing this. One of my friends had this kind of scenario, he believe that knowing the basics is enough but he realize that he was wrong and underestimated the market causing him to lose his capital.