New trader often focus on smaller timeframe, hoping to make quick money. But they forget that the overall picture on larger timeframes is what determines their success or failure.
š¹ Escape the Noise
Smaller timeframe like M1 or M5 and even higher M15, contain a lot of noise signals
While larger timeframes like H4 or D1 are the true voice of the market, where whales shape the main trend.
šø Helps relieve mental pressure
Trading on larger timeframes frees you from the pressure of being glued to the screen 24/7
And gives you time to analyze thoroughly to make the best decisions.
š¹ Sustainable profits
A winning trade in the right direction on a weekly timeframe yields almost the same profit as a whole month of scalping
Low risk and low profit help your account grow sustainably without being eroded by transaction fees and fatigue.
Do you want to be a patient hunter or a moth drawn to a candle flame?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.