.. 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).