Conviction as a function of Monitoring frequency

#1
I got this insight today.

Supporting observations:
  1. I monitor charts almost every 2-5 minutes. Hence, I am not able to do Swing trading (ST) well, as compared to DT. Since small moves that go against me shake my conviction or at least put me off.
  2. My friend, who has a full time job, is able to do ST and PT better than DT. Coz he monitors charts at every 1-4 hours.
Takeaway:
  • One needs to first decide what is one's monitoring frequency. That should then help in deciding which trading (DT, ST, PT) will suit...
Note: Guys I am sharing this insight. Not looking for any trading advice--thanks!
 

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