As you wish,but one thing you should know. Paul Tudor is successful because he has a lot of capital, and his main trading is in stocks where everyone knows how stock trading happens which is better known as fried stocks. Hehehe ..
Yes, thank you for the advice
Which forex time frame trading is the best? This is relative and depends on the method of each trader. There are advantages and disadvantages of each forex Time Frame trading. Whatever your choice will be, the principle of Time Frame will always be the same: there are a number of things to watch out for when you use the Time Frame too low, including:1. Too much noise If you compare a 5-minute trading chart with 1 hour, then at a lower Time Frame (5 minutes) you will see signals that appear to be valid, but fail to generate significant Failed Signals. Low Time Frame in this case is less than 1 hour. The reason is because there are many price movements that are less significant than the 1 hour time frame.2. Difficulty Adjusting Daily Range Average and Stop Loss The market moves in a range that can be averaged every day. This average range will always change according to the conditions of market volatility, which can have a direct impact on open positions. Generally, changes in extreme volatility need to be anticipated with the best calculation of risk management, in order to avoid the risk of loss if there is an unexpected reversal. In this case, the problem that is often experienced by daily traders or Scalpers who usually use a low Time Frame is Stop Loss. If it is placed at a distance that is too tight, the possibility of a Stop Loss to be hit will be greater. It will be different if the Stop Loss level is in the range of a higher average time frame, as on the 4-Hours or Daily chart.3. Low Time Frame Trading Forex Triggers Overtrading Regarding the noise mentioned in the first point, trading with a low time frame also tends to cause overtrading. Traders will tend to be tempted to enter when looking at trading signals that are popping up, although it is less likely to be able to generate adequate profits. Therefore, Scalping strategies are often not recommended for beginners, although they look simple and easy. Overtrading can be avoided by not moving too much Time Frame. If you have not been able to discipline and as long as you open up opportunities on every Time Frame with a trial and error basis, then you still need to learn again to make a Trading Plan.
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