time frame

#1
Hello,

If I am a swing trader, what should be my minimum time frame? Like is it ok to carry forward a position if I am trading on 15 mins timeframe? or should my time frame be atleast 60 minutes to carry forward. I would like to hear from swing traders.

Karuna
 

jahan

Well-Known Member
#2
Hello,

If I am a swing trader, what should be my minimum time frame? Like is it ok to carry forward a position if I am trading on 15 mins timeframe? or should my time frame be atleast 60 minutes to carry forward. I would like to hear from swing traders.

Karuna
Hello,

there is no exact answer for ur Query.....u need to access/know ur risk tolerence before deciding carry forward trades...selecting timeframes depend upon ur comfort level and ur psychology.

Regards,
 
#3
Hello,

there is no exact answer for ur Query.....u need to access/know ur risk tolerence before deciding carry forward trades...selecting timeframes depend upon ur comfort level and ur psychology.

Regards,
thanks, but i am sure ppl will have some threshold. obviously, no one will carry forward a trade taken on 3 minute, right? i am just asking what is the minimum time frame one must look at incase he wants to trade as a swing trader? is 15 mins good?
 

rmike

Well-Known Member
#4
Hello, If I am a swing trader, what should be my minimum time frame? Like is it ok to carry forward a position if I am trading on 15 mins timeframe? or should my time frame be atleast 60 minutes to carry forward. I would like to hear from swing traders.Karuna
The decision to carry forward a position has no connection with the time frame on which the trade is taken.

You may take the trade at x price while viewing (let's say) a 30 min chart, while a second trader may take the trade at the same x price while viewing a 3 min chart.

The fact of the trade being taken remains the same irrespective of the time frame in use.

The decision to carry forward a trade would only be dependent upon the fact of it working out in your trade direction.

P.S - It may prove to be helpful for you to utilize the info on the net for a sounder grounding in trading basics 101.
 
#5
The decision to carry forward a position has no connection with the time frame on which the trade is taken.

You may take the trade at x price while viewing (let's say) a 30 min chart, while a second trader may take the trade at the same x price while viewing a 3 min chart.

The fact of the trade being taken remains the same irrespective of the time frame in use.

The decision to carry forward a trade would only be dependent upon the fact of it working out in your trade direction.

P.S - It may prove to be helpful for you to utilize the info on the net for a sounder grounding in trading basics 101.
ok, will use the net.. but logic says that carrying forward on a 3 mins time frame can project a trader towards greater risk due to gaps against u. i am not saying taking a trade on 30 mins can escape gapping risk, i am only saying that taking a trade on 3 mins can be MORE riskier.

what time frame do u use to carry forward a trade? afterall, the prime purpose of ppl being in such forums is to hear what other traders do, not to hear from traders that i must use the net.
 
#7
I used to Trade 60 Min when Start Time was 9.55 AM . Moved over to 30 Min when Start Time became 9.00 AM.

Hope it helps......Cheers :D
thanks pakatil .. this is what i was looking for. gives great perspective when we hear from real traders than just surfing some random website on the internet. thanks once again for sharing that piece of info :)
 

rmike

Well-Known Member
#8
.. but logic says that carrying forward on a 3 mins time frame can project a trader towards greater risk due to gaps against u. i am not saying taking a trade on 30 mins can escape gapping risk, i am only saying that taking a trade on 3 mins can be MORE riskier.
How?!

Selection of time frame has no connection/ control over the likelihood of a market 'gapping'

Since you have no control over the 'gapping' phenomenon, the (so called) risk of that happenstance is the same for all traders in all time frames.

The risk that a trader can control/ decision analyze is the 'limit of loss' in the event of an adverse market excursion. This is based upon the distance of your entry point from the logical level wherein the reason for taking the trade is nullified.

what time frame do u use to carry forward a trade?
As stated earlier, time frame has no connection with carrying forward of a trade. A trader may carry forward a trade only IF the trade works out in the intended direction, AND IF the anticipated 'reward time horizon' is greater than one day AND IF it is anticipated that the trend may remain reasonably secular for the duration of the 'reward time horizon'.

afterall, the prime purpose of ppl being in such forums is to hear what other traders do, not to hear from traders that i must use the net.
The advice was not meant in an unkindly vein! It's just that, from the tenor of your queries, a lack of clear grasp of trading basics is evident. Everyone has to start somewhere upon the learning journey and there's a lot of free and credible info available on the web. While one can opt to seek this 'education' in a forum, I personally wouldn't put too much of a stock in random replies of I do 30 min/ 15 min, without the understanding of the why! (and even whether the poster understands it himself/ herself).
 
#10
How?!

Selection of time frame has no connection/ control over the likelihood of a market 'gapping'

Since you have no control over the 'gapping' phenomenon, the (so called) risk of that happenstance is the same for all traders in all time frames.

The risk that a trader can control/ decision analyze is the 'limit of loss' in the event of an adverse market excursion. This is based upon the distance of your entry point from the logical level wherein the reason for taking the trade is nullified.

As stated earlier, time frame has no connection with carrying forward of a trade. A trader may carry forward a trade only IF the trade works out in the intended direction, AND IF the anticipated 'reward time horizon' is greater than one day AND IF it is anticipated that the trend may remain reasonably secular for the duration of the 'reward time horizon'.

The advice was not meant in an unkindly vein! It's just that, from the tenor of your queries, a lack of clear grasp of trading basics is evident. Everyone has to start somewhere upon the learning journey and there's a lot of free and credible info available on the web. While one can opt to seek this 'education' in a forum, I personally wouldn't put too much of a stock in random replies of I do 30 min/ 15 min, without the understanding of the why! (and even whether the poster understands it himself/ herself).
cool, thanks man! good luck trading.
 

Similar threads