Comments on: Choosing the Best Time Frame

By: Zeeshan

Zeeshan — Sun, 25 Mar 2012 06:02:53 +0000

After 1 year of live trading on my account, and after downloading dozens of training programs, yesterday night I came to same opinion as yours ! and just removed all time frame windows except M5.

What I learned is that I have to Un-Learn many theories I learned in other courses and stick to one time frame. There are times when I can save a loss just by if I have 2 timeframes M5 and M15, but having these I could miss double the amount of profitable trades that I could have traded if I have only 1 timeframe chart.

By: Hakeem

Hakeem — Wed, 28 Dec 2011 06:19:39 +0000

very good information! Clears a lot of the myths about time frames up.

By: Bb

Bb — Wed, 23 Feb 2011 11:07:14 +0000

a true insight from a true trader !

By: Bob

Bob — Thu, 30 Dec 2010 16:36:16 +0000

Doug:

Thanks for the thoughts. I have been driving myself crazy lately with 1′,2′,5′,15′,30′ charts, all of this on a laptop with 3 technical indicators per screen! What a mess. Your so right about what time frame works one day, won’t work the next. A 5′ chart was perfect today, but often is not.

By: geoff

geoff — Tue, 07 Jul 2009 15:11:02 +0000

this seems some very good advice. i have been having that paralysis analysis recently.
many thanks
geoff

By: Neil Strickland

Neil Strickland — Tue, 25 Dec 2007 14:32:37 +0000

Thanks, Doug. I just discovered your very informative website with a link provided by MPlay’s new website.
After two money-losing years with Woodie’s club, I had decided that I must be hopeless and incompetent. That may still be true to some degree, but your site is helping me realize that my own analytic ability is the ultimate trading tool.
There is still hope.