Which trading cycle is suitable for newcomers?

Trading success is not easy!

What every trader must experience is the summary of previous practice, and try to sum up useful experience in as short a time as possible! It is also inseparable from a lot of trading experience! Only from a large number of transactions can we understand the market, summarize the laws and characteristics of the market, and even understand ourselves!

It takes a lot of transactions to sum up experience, and it is necessary to sum up useful experience in the shortest possible time! For a large cycle, such as a cycle of more than an hour, it may take several days or weeks to have an opportunity to enter and exit the market, which is obviously not conducive to quickly summing up experience! For a small cycle, such as a cycle within 15 minutes, there are many opportunities every day! In this way, you can do a lot of transactions in a short time, so as to verify the advantages and disadvantages of your trading methods, and then improve and optimize!

Of course, fast transactions are not unruly transactions! No matter which cycle you use is fast or slow, you should take it seriously every time, and if you take it seriously, you will be half successful!

Some time ago, I read an article with 10,000 transactions. It seems that a profitable trader must experience at least 10,000 transactions in order to have a correct understanding of the market and make a profit! So is it faster to use a large cycle or a small cycle? self-explanatory

So my suggestion is: use the minimum cost, the cycle within 15 minutes, and take every opportunity to enter and exit seriously! Sum up experience, optimize trading system, and improve yourself!

When one day you find that the time unit is weekly, with little loss, no loss or profit, you can trade with a larger cycle, but it does not necessarily mean that you will not make money with a small cycle, but it does not mean that you will make money if you trade more! No matter how difficult it is, someone will do it! At that time, you will definitely find a trading cycle that suits you and a trading method that suits you!

Trading is a lifetime!

Trading is fun!

It is recommended that the 15-minute cycle trend be the main one, the 30-minute short-term be used as a reference, and the 5-minute long-term optimize the buying and selling points.

Since you are a novice, you need to practice more. The 5-minute cycle time is too short, the market is active, the thinking time is short, and the novice’s thinking is not quick. The 15-minute cycle can basically help improve.

It is difficult for novices to choose trend trading in large and small cycles, because it is confusing.

I personally think that novices who do intraday trading should only choose a 1-hour period to look at the trend in the transaction, and enter the market in 15 minutes. This way you earn more than you lose.

I looked at my trading log before answering you, and I recommend you to do short-term, intraday trading, so the risk is relatively small, especially for beginners, do not deposit too much (recommended up to 1000 knives, as little as possible), each transaction 0.01 Hands, after more than 100 orders (with a certain amount of experience, not blindly doing 100 orders), then increase it in an appropriate amount, such as 0.02, and you must not act too hastily.

Thank you for the invitation. I mainly trade futures (HSI gold and crude oil). Generally speaking, a novice is suitable for a small cycle of 1M 5M, because the small cycle is relatively short, and the holding time will not be too long in the market. The stop loss will also be relatively small. Another reason is that when the big cycle is sideways, there is still a trend in the small cycle, but the profit margin is relatively small, but through small cycle practice, familiar with market fluctuations, then the large cycle is only a relatively increased position time, stop loss and take profit It's relatively large, and it still uses those technologies. Of course, because foreign exchange fluctuations are relatively small, it may be necessary to amplify the cycle appropriately. This should refer to the fluctuations of the varieties you trade, which is not absolute.

Past experience: only look at one cycle.

Because different cycles have different trends, if you look at too many cycles, you will have no way to start.

From the avenue to the simplicity, the cycle is the same, the simpler it is, the easier it is to judge and execute.

Personally, it is recommended that novices only look at the hourly cycle.

​One hundred tricks are worse than one fresh one

Come on newcomer​

Newcomers are going to be long-term! Do long lines! Do long lines!

Those who tell you to do 5m 15m are bad people

There are only two principles for choosing a trading cycle. The first one covers more market information, and the second one clearly identifies disk information. Therefore, according to each person's recognition ability and cognitive depth, the cycle must be different. It also varies according to each novice's perspective on the market. 30 minutes is recommended for intraday trading. Fundamentals take 4 hours.

First of all, you have to understand that newcomers must lose money, and trading geniuses do not exist.

Since you must lose money, then I recommend novices to do intraday trading. Some people say that intraday trading is very difficult. How can I recommend novices to do intraday trading? Many veterans can't control the day. As a newcomer, I have said it all, don’t think about making money, what you have to do is to quickly adapt to the market, what is the biggest feature of the intraday order, and the feedback speed is fast! No matter whether you make a profit or a loss, the feedback speed is extremely fast. I can recommend the 15-minute period as the best. The one-minute five-minute period is a bit too small, the k-line is too active, and how to do the one-minute chart, you must always keep an eye on the disk. , novices can't do it. The pictures that take more than half an hour may not be finished within a day, so 15 minutes is recommended.

Another important reason is that in the process of traders' growth, most people slowly switch from small cycles to large cycles, from short-term to medium- and long-term, and from short-term to long-term. Big, if you start short-term and have a certain understanding of trading, he can switch to long-term, because short-term is easier for you to understand that trading is uncertain in real time. For long-term, we can cultivate patience and mentality. . However, if you do long-term business at the beginning, there is a high probability that you will not be able to continue. The novice who first stepped into the door of trading must think that this is a profiteering industry, but due to the slow feedback from the long-term, he will not be able to hold on and will make orders. There are few opportunities, and it will not be effective for trading training. If you switch to short-term at this time, you feel that the uncertainty is too great, and you may eventually leave the trading field. Therefore, it is better for newcomers to start short-term. However, what needs to be prepared is the tuition fee! Prepare your tuition fees and hand them over to the market. Don’t worry, if you can stop paying tuition fees within three years, you will be considered a very good newcomer.

Are you satisfied with this answer?

M30, H1, H4 are recommended

Euro intraday trading, only do this one variety. For 10,000 US dollars, use 0.02 positions, add 0.02 to losses, and subtract 0.02 to profits. Every time you look for a 45-point stop loss opportunity, the profit is greater than 45 points.

You need to look at the daily chart, 1-hour chart and 5-minute chart. The daily chart looks at the day and the overall trend, the hourly chart looks at the intraday support and resistance levels, and the 5-minute chart looks for entry positions. I basically use naked k

Read more books, watch less news

Newcomers must develop their own view of the overall situation. To make a lot of money, you must make a lot of money in the big fluctuations. The short-term looks exciting, and you can only fish for some sesame seeds. No amount of sesame seeds is as big as a watermelon. It is easy to develop a bad habit of frequent trading in the short-term , It is easy to miss the magnificent big market, and being right at the beginning is more important than anything else.

The trading cycle has nothing to do with whether you are a newcomer or not. This issue is actually closely related to fund management. When it comes to trading, everyone will think of the problem of stop loss after entering the market. You may not understand analysis, but you must understand stop loss. Otherwise, how can you gain a foothold in this market? Then the stop loss of $3,000 is very different from the stop loss of $300 and the stop loss of $30. The same entry position and the same stop loss position, your single transaction risk has determined the trading cycle and the number of trades.

Scalp, ultra-short-term, short-term, band, medium and long-term.

Everyone's situation is different. If you can hold the list, you can enlarge the cycle, but if you can't hold the list, you can do short-term or even ultra-short-term.

more than 1h

It’s hard to say, it depends on your own trading plan and trading strategy. I suggest that you can watch the market for an hour. After you feel that you have a trading direction, you can switch to 15 minutes to find a better position to open a position. Click to follow if you like my answer, thank you.

5 minutes to 30 minutes is basic learning

Depends on how you define period

So you have to find a cycle that suits you to do it