Pages:
Author

Topic: How much time better for day trading analysis ? ( 15m , 30m , 1h , 1d ) - page 2. (Read 1385 times)

hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?
Every time frame has its significant use and the lowest is form very short moves or swing trades. It depends in a coin that you were trying to trade and it needs to suits your time frame for a better trading a short term is minutes to 1-2hrs and 4hrs. If you are looking for a complete day trading go with 1 day time frame.
newbie
Activity: 140
Merit: 0

There is no optimal time for trading) You can buy in the correction period and expect to receive x2 in a week, but you can trade every 15-20 minutes in +, and then the price will drop dramatically and you will not have time to sell. Experience will allow you to determine when it's best not to make a purchase and wait, or vice versa.   Roll Eyes Roll Eyes Roll Eyes
full member
Activity: 560
Merit: 100
BBOD Zero-Fee Exchange
for short profits I usually use 15m and 1 hour analysis. that's very good I think because of that it will be seen when prices will go down and up I usually only use 3% stop loss and 2% profit is worth
full member
Activity: 395
Merit: 100
Most time you will wait for transactions and keep track of it every minute. Owning a lot of money will take up all the time you have, not only 30m, 1h, 1d ... It will attract you like honey, it will be hard to leave it.
newbie
Activity: 23
Merit: 0
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?
Depending on how much coin you do handle. If you do only focus on 1 coin lets say you are into bitcoin then 15m would be a good spot or depending on your time that you can lent where you can utilize your skills. If you do find out that you arent effective on 15m then you can go with 1hr chart. In my own way no matter which timeframe if i do see some good entry points i do usually make an order.

Yeah this is another very important point. You've got to think about the volume and the leverage because if you're trading on really long term positions, you might not be able to handle high volume/leverage trades that could move against you. But if you want to take a big position on a shorter time frame, like the 15min, you can take that higher risk knowing that you would have a stop loss in case it went the wrong way. And those kinds of trades need to be babysat. You cannot really walk away from them.
sr. member
Activity: 588
Merit: 251
HELENA
It will definetly depend on your availability and how you manage your trading.  For me,  day trading analysis depend on the coins and the situation. If the coins is already done a huge increase i will surely check it everytime.
full member
Activity: 448
Merit: 100
Arabic Translator
it depends on you preference on the first place . For me , i don't like HFT it's very risky especially for crypto market . i like take things easy to build a picture of the movements first before trading . 5 min and 15 min are amazing with the usage of 1hr time frame as a reference of the current direction .
sr. member
Activity: 854
Merit: 250
to analyze the market does not take the same time, every day will take a different time and sometimes faster and it all depends on market conditions. If the market is in a state of chaos I usually take an hour or more just to analyze the market and to choose which coin I will trade.
newbie
Activity: 98
Merit: 0
For day trading it is best to use either a 15-minute timeframe or 1H. Smaller timeframes will be used for day trading.
hero member
Activity: 2954
Merit: 683
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?
Depending on how much coin you do handle. If you do only focus on 1 coin lets say you are into bitcoin then 15m would be a good spot or depending on your time that you can lent where you can utilize your skills. If you do find out that you arent effective on 15m then you can go with 1hr chart. In my own way no matter which timeframe if i do see some good entry points i do usually make an order.
newbie
Activity: 23
Merit: 0
Yeah it's always a preference thing, but I prefer to place longer trades because they have greater potential for immense profits. So I'll start with monthly (not very useful for crpyto though), then weekly, daily, 4H, and decide from that point if there's something worth investigating further. If I can see a clear reversal forming or a low risk high reward opportunity, then I'll go down to 1H, 30 min, 5 min for an entry. Sometimes it doesn't even matter at that point, as long as you give yourself enough room to be negative for some time. But if you're looking for real precision, you can work on the 5min charts.

1 min charts are quite aggressive and you won't find much in bitcoin because of the decentralized nature of it.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?
for me personally, I like the 1D time frame because it can certainly be more accurate to determine the direction of the next trend. Then I will use 1H or 30M to execute an open order. If I look at the trend of using 1H down it will be very difficult because there will be lots of random patterns and too fast to determine trends.
newbie
Activity: 64
Merit: 0
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?
Longer of the timeframe, you will get more confirmations. But, the reversal point or turning point will take more time to show-up and same thing will happen for profit booking too. That is the reason people prefer to go for shorter timeframe. But, when we are entering late, we will be having some advantage even we will be losing some initial profits.
sr. member
Activity: 882
Merit: 282
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?
Since day trading is very risky I think 30 minutes time flames should be the best time flames in trading.  15 minutes is too noisy and you may not get accurate predictions or signals from the candlesticks formation.  However to me the time flames do not matter the most if you know what you are doing.
full member
Activity: 658
Merit: 108
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?

During the time I traded on the exchange (different asset classes than crypto) I used 5 min timeframes to tune the entry, and then observed 1h timeframe again to see how the market behaves. However, there is not a single correct approach, just try what makes sense to you.
newbie
Activity: 177
Merit: 0
1 candle day to see where the lowest point is searched in the exchange.
the low point is always a reference for me to buy a coin.

because the most lazy and disappointed when I was stuck in the price of altcoins who continue to decline in its price.
hero member
Activity: 742
Merit: 503
More and more people are attending to enter cryptocurrency trading with those lack of knowledge and experience, we call them easily hamster Smiley
full member
Activity: 434
Merit: 100
I do day trading, so I want to know , How much time better for day trading analysis ? 15m , 30m , 1h , or 1d which time best for day trading analysis?



If you own a lot of coins like 20 then 1 hour would not be enough. I just do a short analysis on bitcoin and that is all. I just based on the news or announcement in my other altcoins. There is no best time because your analysis is what is really important so it does not matter if it takes more than an hour.
full member
Activity: 1218
Merit: 112
It also depends on the market situation, If you want a small profit then short time would be good. If you are looking for a higher profit then longer period of time would be the best.
hero member
Activity: 1246
Merit: 502
You n3ed atleast 1 hour to do analysis for dayli trading and the chart you use is 15 minutes and 5 minutes for trading entry and for probability of direction ( down or up ) you need 1 hour and 4 hours chart and looking at previose chart and moving average. Dont forget to put bolinger band to make a decision is the coin already move too high ot not.
Pages:
Jump to: