QUOTE(Volatile369 @ Dec 20 2015, 07:32 PM)
How you guys manage to trade on small timeframe like 1 hour and below charts and have a reasonable win rate? dont you guys have 9-5 jobs? maybe possible to share your experience as a Day trader & Swing trader? im curious as the focus intensity for trading 1 hour chart and below is stressful and really takes away your mental strength to do it consistently, unless your Trading for a Living then there is a possibility to strike a good win:loss ratio..
To my understanding due to markets are quite unpredictable in the short term u need to be there almost 12 hours or even more to monitor the whole situation, u cant just say 'ok after my dinner im going to earn some pips during my night time lets just say 8.00pm to 11pm and there is a trade 'SURE' waiting for me'.. is that how u Day Traders or Swing Traders trade?
even thou u monitor during your day job, u r still going to experience stress as multi tasking and managing money at the same time is like going to your job and playing tennis at the same time, correct me if im wrong, juz curious that trading the short time frames consistency whether really works out as it seems.
well.. i think u gone through the hard way as well.. try scalp some pips but it took alot of your time to trade by monitoring the movement?
that part of after dinner there is sure some pips that is waiting can be true if u have define yourself as which trader..
I m scalper... a FM.... a FTT...
1 hour chart is the standard TF for a medium movement chart for slow and fast movement..
scalper might make 10pips in few minute during high voliativility or sometimes wait for good entry enter in 2-3 hours..
how u do it as scalper? training of course.. no short cut of it... swing is a method of calculation based on few indicators and money management of how much u can lose... how long u can tolerante of waiting to win and loses.