Post
Topic
Board Trading Discussion
Re: Multiple timeframes is another means of getting better market clarity
by
Oilacris
on 02/07/2023, 20:53:52 UTC
You should not be surprised my friend, these are strategies that are always instantly loaded upon opening the trading platform, so reading them are fast, just like glancing at a thing and immediately you know what they are and what they can do. Also, I believe you need more practice to actualize your goal of a good trading system.

But be sure to know that the trading system might not be the issue at times, many abandoned a good strategy because of that not knowing that no strategy is perfect and traders can't be successful without proper money and risk management to complement the strategy. And good strategy could be one or more, it doesn't matter.
When you are so used to doing a thing, obviously that becomes easier to handle. There are a lot of people who have absolutely nothing to do and they still ended up with a result in the end. Why? Because if you learn what to do and do it for many months even years, then it becomes a second nature and you do it very easily.

There are way too many people who still do not understand what this means and what they should be doing, that's an unfortunate thing but I bet that it is going to be an easy thing eventually. Just realize that it is a life that's a bit harder on that side and you will be able to actually consider it as a good thing. I know people are looking at bitcoin as a way to make profit but you need to work hard to get there for sure.
Yes, it would be wise that you shouldnt really be focusing into a one point on which you wont really be tending to zoom out whenever you do make use of some strategy specially on trading on which we

do really love lots of things that we do need to know or to use up specially on trading. Strategies is  having lots of variations and speaking about multiple timeframes then it would really be just that normal that people should really be trying out to look for some biases on other timeframes on which it would really be that normal that you should not focus on putting up indicators on 1m 5m or 15m without trying to look on 4h 1D TF's on which you would be needing to see some confirmation if those entry or exit points are really that indeed considerable because you could really be
able to make up some patterns on low timeframes but doesnt really match up on higher time frames.