Day Trading Tips: The Most Reliable Time Interval for your Charts



The considerations discussed:

  1. How many people is using it? and "Big Money Players" using it?
    • Intraday - 5mins, 30mins, 60mins
    • Daily, Weekly, Monthly
  2. Risk Tolerance - Risk-Reward-Ratio can remains the same
    • Short-Term chart - Reduce risk per trade
    • Long-Term chart - Increase risk per trade
  3. Account Size - risk % remains the same
    • Short-Term chart - Requires small account size
    • Long-Term chart - Requires Large account size
  4. Attention Span
    • Short-Term chart - more trades but requires quick action & fast decision
    • Long-Term chart - less trades and more time for analysis



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