Post
Topic
Board Trading Discussion
Re: Peace of mind, the best trading strategy!
by
BitMaxz
on 07/11/2024, 17:34:40 UTC
What that matters is what trader are you.

Scalpers will prefer to use the 15 minutes candles instead. But day traders will prefer the 4 hours candles. Swing traders will prefer the 4 hours to a day or 1 week candles. Holders will prefer the monthly candles also.

Based on his statement he said its a long term trading weekly or monthly meaning it's a swing trading.

The reason why almost every indicator works is that it produces more reliable signals and fewer faulty signals.

However, in a short time frame, not all indicators will work perfectly without patterns,strategy and etc... fundamental will help for making decision but it doesn't always work on short time frame.