Topic: Timing and Trading (Read 420 times)

Of course, trade and time are inextricably linked. As you said, if you want to trade but you don't have the free time to start then it will be a waste. I think it's quite common for some traders to lose time or maybe miss the moment that they should take and I think it's a common thing that often happens and it's not uncommon for those who experience it. It happens usually because of their inadvertence because maybe they have other activities out there, and also in my opinion if at that time they take the opportunity to open their trade it cannot be ensured that they will be able to make a profit, the market is very volatile and they can suddenly experience a loss there. You need to train yourself by learning various knowledge from other professional traders or you can also learn from the mistakes you have made, and if you already understand each time movement in a certain time range then I think you will have no difficulty in finding the right time to open a trade.

And yes, this is usually their problem especially for beginners, they have the knowledge of when to enter the market but on the other hand there are also those who do not know when to get out of there. Many of the traders are then trapped because maybe they have made a profit that makes them feel happy and after that they forget to get out of there and forget some of their trading plans. The market will not always be in our favor, and with that it is very important to implement various trading plans such as take profit when you win and also stop lose when you lose. All of that should be applied in every trade because that's the only thing that can help them to minimize their MC.

Trading and timing works together because if you don't time the market to enter at the exact time you are suppose to enter, you'll miss out of getting the full profits of that trade that you entered and sometimes you get to lose because you entered wrongly. This is the reason experience is very important for any individual that wants to become a professional trader, you need to know when to enter the market and when to exit the market or you lose always.

Exiting a trade is as important as entering a trade, most traders are good at one but bad at the other and exiting a trade is where most individual traders aren't very good at and that's why we have many traders losing more than winning because of bad timing of the market.

This is why only few traders are making sustainable and profitable trades since a lot of them have find it hard to manage their emotions and greed. Traders are consistently battling with their own emotions and if they fail controlling them, these traders end up as frustrated ones. However, it is said that there’s no good traders that could eventually stop from their emotions, it’s either they will control them or lessen their emotions in order to minimize the risk of losing as well.

I just want to ask you, OP, do you have extensive knowledge of trading cryptocurrencies like Bitcoin? Or are you a professional trader? because the topic you raised is about making the right timing decisions in trading. Do you have any idea that it is not as easy to learn as others think it is?

But if there is, you will have an edge immediately if you know when you should and should not use the timing to buy or sell crypto or bitcoin. You will be really profitable that way, but before you get it and know that, you have to know how to read a chart on a graph and how to use tools in the trading view, like MVA, Trendline, and others, You know what I mean.

Absolutely. The type of trading will also depend on where you’re skilled at, but I say your knowledge and skills, will lead you to the right timing of your trade. Timing is very much important, as well strategies and attitudes towards trading are crucial as well. If you are not capable to fit all these things in your trading career, then it’s better not to jump into trading but acquire more knowledge and develop more strategies first before you consider taking risk in trading.

Well, time really matters in trading, and if you are a scalper, we are very keen on every price movement. But this will depend also on the coin that we choose and this will really work if you are using a highly volatile coin that is why we also have to assess the trend of that particular coin before buying.

However, OP seems right that not do all the time we are a scalper as we also rely on the market movement, and based on my experience, we need sometimes to adjust our time frame from 1 minute to a longer time frame especially when sudden price drops happen. And sometimes it happens from a trader, it becomes a short-time holder.

If we do speak on what kind of trader i am then i would be sticking into this;

Position trading
On which im not really that a fan of scalping and i do have tested out for various moments or conditions on which i could say that it is really that a totally different experience or situation
comparing when you are scalping on forex or stocks on which it is really that evident about when it comes to volatility. We do know that when it comes to probabilities
then it could really be having that two possible ways which is going up and down.

Speaking about timing then time is really that crucial but on the moment that you had missed out whether buying or selling on a particular moment then thats a missed opportunity
but since this market doesnt really have that open/close market then it would really be a 24/7 265 days a year when it comes to possible profits and opportunities on which
you could anytime dive in.

Timing is very important for us to make profits and if we miss the time when we are supposed to buy a coin, then we might be surprised that the market would have left us by the time we are ready to buy or sell. This is why market analysis is very important for us before we enter the market. This will give us a good timing to when to sell or buy in the market.
Inaccurate timing can cause us a big lose if we are nit able to adjust immediately we notice it. The big traders are very good in timing the market before they buy that is why they are always ready to go long or short when they are ready to trade in the market.

Do not force yourself when you feel that you are already behind seeing from the analysis that we do, because if we still force to enter when we know it is quite late then it will make our risk even greater than before.
In trading we must see the right moment to enter, and that moment will always come even though maybe in the previous moment we were left behind. So it is better to wait longer to find the right moment again. It is very difficult to determine where the right moment is, because just one mistake will make a loss. But trading is a risk and that risk from the beginning we must have thought carefully.

That wrongly timed trade will cost them however they might try to balance it out by another trade. Of course in long term it will cancel each other out and you might end up in a net profit but it can be stressful in the short term.

Time the trade when the market is dropping or rising and this has an impact on the total profit that capital can make. Not that it is a must thing, but it has its importance and should not be ignored. If you lose them time to place to trade, just wait it out for the next opportunity.

This is a broad topic for buying/selling and those who actively trade will understand the idea correctly.

There are a lot of ways to define time, depending who you are talking to because there are some people that have a concept of time differently. But anyway, in trading, it's definitely the x-axis that would define how your chart will look like.

You need to be more specific with what you are trying to discuss and connect it. You said it's timing and you can have different time in trading in terms of the increments on the type of trader. Like

• In Months
• In Days
• In Minutes

It's basically the timeframe and they have different x-axis for that. The timing might not be the same depending on the indicator that you have. It's important as well to note that timing the market would be very hard.

Unfortunately that is not possible. I mean not because we can't all know when to buy, but because if we all timed it right, then we all timed at the same time to sell, we just can't all buy at the same price. Think about it, timing the buying right means that you buy at the bottom, it doesn't go any lower than that, but if we all buy at that price, then some of us will not be able to buy it, how could everyone buy billions and billions of dollars worth of bitcoin all at the same time, who would sell to us?

We need sellers as well, meaning some people sold at the bottom. And if we time selling greatly, sell at peak, doesn't go any higher, that means someone must buy at that price. So all in all, it doesn't work that way.

Not only in trading, but in each and every place where money is involved or invested, Timing plays an important role there. Timing determines the amount of profit you will take from the particular task or here you can say from trading. If you miss the correct time to buy and miss the perfect time to sell, then the loss percentage per trade will increase. If you are a newbie then along with patience, you need to master the art of timing in order to make good trades.

It is obviously not possible to perfectly time the market all the time, even the most expert traders would miss the correct timing sometimes and incur losses, so it's not something very serious, although it will be concerning if you are missing the timing for most of your trades which means that you are going in a loss instead of getting any profits from your trades when scalping a certain coin or token or maybe multiple coins at once.

So the point is that someone who might be losing a few trades due to imperfect timing of making the trades but is managing to do well otherwise should not be worried at all since their net value will be in profit, but if it is the opposite of that, the trader must evaluate their strategies and practice more.

I think trading is not for everyone who have a good understanding of trading they can make profit if they trade. And if someone starts trading without understanding anything about trading it will be very difficult for him. It is very easy to make money from trading. And some times it becomes very difficult. I almost lost money while trading. At first when I started trading with a good idea about trading, I made a lot of money.

If you are a trader then timing is of immense importance to you while trading. Because training at a slightly wrong time can make you lose your entire money. Timing is a special consideration when trading. Timing is of utmost importance in trading. Because there is a fear of losing all your money. You need to do maximum research about timing and what time of the day to trade and what time to avoid trading.

Commit a trade when you are ready; many people make a trade even though they are not mentally, emotionally and financially prepared They just want to trade without a plan and make execution of thee position and wait for the outcome; this kind of mindset is wrong its better if you make a proper plan with your position if the mark you are plotting is ideal to entry or not there's always a question in your self. You are just protecting your money, if you are well confident with your position grab the chance and wait for the outcome, if the trade losses, try another position at the end of the day we are counting the profitable trades even though there are a lot of positions we made. Keep learning on your experience.

        -     You know the truth, if only all of us traders in this community knew the right way to use the right timing of buying and selling, for sure we would all be happy to get earnings from crypto trading. But the problem is that not everyone knows how to use it correctly and often others rely on predictions.

And the timing methods is something that you know deeply about the trading activity here in the crypto industry as well. even experts often fail in this method because the market is very unpredictable in the crypto space. This is the fact reality here.

Trying to time your trades perfectly at all times is definitely a mistake, not everyone can do that and people should be careful about it. I understand that some people are good at what they do, and they could time it better than other people. But just because they time it better doesn't mean that they time it perfectly each time, they make mistakes as well and you do not have to be one of those amazing traders that time it great all the time, you could be someone who times it well enough that you are in profit.

Always focus on the profit, if you are profiting over course of a long period of time then you are doing a good job and you do not need to change anything at all, it should not be a big deal and should be considered acceptable.

Timing defenitely has its importance in trading. But then also have limit orders which you can place at a price and leave the money locked up in it. When the time is right the order will execute at a predetermined price. But then placing orders as the market is moving is another anxiety inducing chore. There we see people buying at every drop when the market is falling to form separate positions for future selling or the opposite in bull markets.

In spot trading for long term, I think the buying/selling price is what becomes more important.

In different market entries, you may have different time frames. It depends on the state of the market and on your goals.
Timing is definitely an important thing, but I think that strategy, knowledge and experience are equally important. It is also important to understand that if, for example, a scalper, then one minute and five minutes are important for you. If you trade for a long distance, then for the timing it increases to several hours, days, sometimes it can be weeks
And the most important thing about this is that even if you are very good at timing, this does not guarantee you a constant profit.

Timing isn't impossible but never think that you can do it always.
I've tried scalping and also swing trading, and the result is mixed. What I mean is that sometimes I was too lucky and got perfect timing but sometimes I lose due to unpredictable changes. In scalping, every second is a big deal and as in every second, the price of crypto will move as well. It was too hard to think that we always make a profit from trading and doing whatever we did, losses are still possible.

I feel like it is going to take some time before people could realize what they have to do, it is not as good or as easy as they think it could be. Timing is not something you can learn in a single day, it is going to take a while to master it. If you could take that time and learn it though ,the rest will be easier to handle.

I get that there are some ways to learn it, but the biggest way to learn it would be doing it, because when you gain experience how to do it, each time you do it,  you are going to become better at it. There are a lot of resources to read and learn it from but at the end of the day you are not going to be really all that happy about it when the time comes. This is why you should be wondering how to do it quickly.

I can not agree with this, sorry for that. As said before, no matter how good of a plan or strategy you have, you can't follow that if your emotions are getting between them. You are trying to plan everything through, but when it comes to not take any decision and following the end result but then your emotion overpower your judgment, you will make a wrong decision. Where there is no need to do anything, you do something that is not right. That's how powerful human emotions are. So even having the best strategy won't work when you are unable to control your emotion.

This is like yin and yang. If you lack in either of them, you can't keep the balance. Thus you can't become successful. For this reason, you need to learn emotion control first and then move on to trading. If you try to do both at the same time, you won't be able to get anything right.

At most times when emotions have been involved, foolish decisions are being made.

Good traders can't also skip that but that's true that they've got more control to their emotions and they don't let it slip by their hands. And that is because they've experienced it before on how it goes when they make wrong decisions with their trades.

The faster the time required, the faster the profit or loss will be obtained, and vice versa.
Using high time frames is suitable for long-term investors, such as 1H time frames and above.

Long-term investors determine profits at the price to be achieved and see how high time frame charts such as 4H and 1 D time frames.

Fast trading such as scalping uses a time frame of about 5 M for fast trading, because it utilizes every momentum of the rise and fall of crypto prices.
provides fast profits but requires good technical analysis knowledge.

Everyone can determine the timing or time frame that is suitable for their trading method.

When we are talking trading I think that the strategies deals with timing, that is why people do tell others to learn and understand the bases of trading before putting their money in trading, its very important you understand the normal protocol of timing the time of achieving the profits, who ever that is trading will consider timing as the most important thing and I believe that will be the first target of trading

some trading experts say that swing, position in trading is very important because it relates to timeliness, just imagine if you take a position too late or too late or too fast when swinging then everything you design in your trading will be broken in an instant. time is very important, length does not matter as long as the decisions taken do not result in losses, often some traders take positions on weekends or when market openings, just study market habits so that losses can be minimized.

Along the way, you would be able to realize on what are the things that you must enhance and what are the things that you should avoid and this is where real experience would matter since facing up

tons of errors and mistakes would really be giving out that kind of learning that you havent been able to encounter or learn before. Make yourself that progressive because if you are a type of person
who wont really be adapting on whats around then you wont really be making yourself that a better trader. Timing is indeed everything because time would be crucial on the time that you should sell and on the time that you do need to buy.These common steps would be always be that significant because if you do miss out even on a minute or seconds then you would definitely be skipping or missing out that kind of profitability on such position..

Its true that emotion would be the most common opponent or culprit on which you could really be making yourself that able to alter out those initial plans and decisions
on which you should really be needing to adjust if needed.

You can set-aside your emotion by having a good trading plan and strategy since you'll focus on that no matter what the result is.
Timing is very crucial in trading, you have to consider everything especially if your goal is to make profit consistently. There are times that your emotion will challenge you, just look back at your trading plan and keep going. Controlling your emotion is a must, this is not easy at first but you have to do your best.

You have given us a nice introduction about timing and trading. You really don't need to properly define the time because almost every trader knows that how timeframe works in trading, and they are well aware about reading of the candle stick charts of various timeframes. You're right in your approach that trading is a way to buy or sell an asset or a commodity and in case of cryptocurrencies we will be trading them as a class of asset.

The spot market is the real way of trading because in that market you're purchasing the coins that you can transfer from the exchange's wallet to your own personal wallets. The traders who are doing futures trading won't have the option to transfer their coins from exchange's wallet to their own wallet. I would consider futures trading as a virtual asset trading because as long as you have that asset virtually opened as short or long position you can sell it otherwise if it gets liquidated then you have nothing in your hands.

I agree with you that there are different timeframes to check the conditions of the market. The time frame most probably starts from 1 second to months, and it's a traders approach or strategy which defines that which of the time frame is going to be suitable for the trader. Some traders prefer longer time frames as they are mostly likely to be profitable for them in long run while others do trading using very short time frames. I personally trade with both short time frames as well as long times frames. Of course the strategy and trading plans are different with those approaches.

I personally would not recommend demo trading because that kind of trading won't make you emotionally strong as a trader. There won't be any fear of loss in such kind of trading and anyone who can be profitable at a demo account may face losses when he/she is trading with real money.

I must say that you gave a really proper introduction about all those concepts of trading and I truly appreciate your efforts. I would also recommend you to explain those concepts in detail so other may get more information that would help them to learn those concepts more clearly.

We cannot really skip emotion to be considered in trading. Emotion can make someone make a rational decision or a foolish decision. I agree with you every trader or good traders needs to develop a stable emotion.

I think a swing trader mostly use the weekly timeframe to analyze the market since they can be in the Market for weeks before they end there trade compare to a position trader that can be in the market for several months observing the market and looking for a fixed position where to end there trades after a long months being in the market. There are similar characteristics between the swing and position traders but when we look at timing, a position traders stay more in the market than the swing traders.

Well I always say this. The first thing that is needed in order to become a good trader, is to have control over your emotion. Timing is good and all but even with the best knowledge and experience, you can not become successful if you don't have any control over your emotion. Your emotion will disrupt your decision. No matter how much you analyze the market and build up strategy, if your emotions influence your decisions then you will likely make mistakes by taking the wrong decision.
If you master the timing based on your trading type, what good it is if you can't continue to act on your strategy? Learning is a continuous process. Everyday you learn a new thing. So never stop on learning. Try to learn everything that's in your capability. But follow the process of learning. Make sure you know which one to learn first. In trading, before learning anything, it is important to learn emotion control. Then comes the other stuff. I agree on your topic, this is just something that I thought I should include here.

I think these timing are more effective on Binary trading where you chooses your time and place your sell or buy order and once it gets to the position in contrary to the market movement you make your profile but if reverse way then your balance got drained all less you have much equity to cover the reverse way, but the volatility is much.  Lastly as trading may implies, sometimes may not focused on a particular side we can time ourselves by developing that mindset to source for information and gaining more knowledge, knowledge is the overall timing and if you gain the required knowledge you might not waste much time in choose your best time frame to trade because as a good trader you might have understood the timing or you have be conversant with almost trading time. So knowledge is mostly needed otherwise you could get your account emptied if you don't properly gain the knowledge.

Personally I don't consider a swig trader and a position trader to be the same. Simple because a position trader stays more and can be in a trade for more than 6 months. Position traders are usually considered as investors. On the contrary one may decide to put the both as one.

Whichever way you look at it, time and timing, though slightly two different concepts, are extremely important in trading. To time (timing) the market and to know what timeframe (time). Whether in FX trading, Cryptos, Stocks, Indices and all that, any trader who doesn't respect those two concepts in addition to the control of their emotions won't succeed at trading.

I like to swing trade and that makes me consider higher time-frames to check for trend, either for the day or on the long run before making any trades. Then I pick my trades from lower TFs. Waiting for candle close of whatever TF one picks for entry is very important. It's bad practice to trigger a trade in a haste without waiting for the candle close, no matter how enticing you think the entry has presented itself.

I did not say time, I said “timing”, however, you are only looking at the cryptocurrency market alone, while I'm looking at the general market which the forex and stock market are included, to precise forex is the largest money market in the world which is traded Monday to Friday when you talk of time and have different sections, and you won't compare the amount of liquidity that will be present during when those two market sections are open, Lastly note that cryptocurrencies are also traded in forex which Bitcoin is most traded crypto there in the market, therefore timing to trade in those sections helps in the market movement.

Yep, because not most of the time is good to trade, or for example, if you entered a long trade, and after you close your trade and already took profit, it doesn't mean you are bearish already or you can open short trade immediately. That's how timing also work for me, you need to wait for another opportunity again.

very risky for anyone and it requires the right strategy and qualified basic knowledge. Those who trade must be prepared with the risk of price fluctuations. Conducting risk management is indeed important and should not be ignored. This also relates to the mentality of every trader, if their mentality is strong and follows the initial strategy then he can achieve their goals, but if they lose and their mentality is weak it will cost them money. Using leverage wisely is also something that needs attention. sometimes newbie traders do futures trading and use high leverage, it will waste all their money if liquidated.

Timing is important to be considered in trading, and it is not only about the timeframe that you trade on. You must also be aware of the best time in the day and days to trade and the days to avoid trading. Having this knowledge, will help you avoid trading on some days and period when the chances of making losses are high. Good traders do not trade every time and every day, they know when they need to trade and when they need to just play the observing trader. New traders should have the knowledge.

time does affect market movements, as you described where there is an Asian session, European session and American session, that's when the market opens and traders are usually busier, resulting in greater market fluctuations. but I haven't seen it on the cryptocurrency market, because crypto is a global currency where various countries trade it at any time

Trading is quite different now than before where you will trade with peace of mind, i dont see that atmosphere anymore. when i sit to check stuff online like the youtube platform i see more of traders going in for sclaping and day trading, retailers hardly swing trade because this is probably done by institutions and hedge funds.

Don't use a timing in trading, instead use a session. Forex traders always use sessions as their guide to determine if it's good to trade or not. There is what we called "kill zone" for every session where trading volume is so high. And it's really working in crypto.
If you're going to entry, don't use a market order, it's better to use limit order so that after you analyze the market, you can leave the order to be filled. That way you are using your time in an efficient way.

Hmm, I was completely expecting something else then I did take a look on what OP said then for a moment I took a pause on my expectation, and then I saw the total posts by the OP, so after taking a long break I made my self realized I should have taken a look frequently to the total posts haha,   ..

Hoping this short story can bring some inner smiles at least (I'm expecting that). Well, sticking to the topic OP I think this is the trading section and you can see most of the people are not new and this section is running for a long time I think you can get my indication, yes I'm talking about the basics I think at least everyone knows about the types of trades at least because you can say after hearing A (trading term) we hear B (Types of trading on the basis of different categories).

So appreciate your dedication to teach but try something unique next time, Best of luck.

I subscribe to the point that timing is vital when it comes to trading, As there are various trading market sections, a trader should be able to know when it is the right time to enter and exit the market, I prefer only trading in two market sections, the London and the New York section during when the market is most volatile to catch up the crazy moves, that is when the Banks and institutions are actively buying and selling,  and to avoid experiencing a situation where you have the market got stuck in one place for several hours due to low liquidity like we see in the Asia and Sydney section.

Timing is actually the main goal for your analysis, you are doing TA so you can have a perfect timing either to buy or sell crypto and every trade should work on this.

Though scalpers and day trade seems not working with their timing as they trade for whatever the trend is and leave within a hour or even a minute. If you’re a long term trader, timing should be your focus.

One of the things that you would really be needing to find out because on the time that you would really be deciding whether you would be doing trades or not then it would really be just that normal that you would really be
trying to look out on what type of trading style that would suit you in and on what time frame you are really that tending to look at.If you are really that planning to be a short term trader then it would be usually on smaller time frames but still you would really be that still needing to look on higher TF for you to have some confirmation in regarding whether its the best entry or time for you to get in or not. It would really be varying though because it would really be that basing on your own analysis and approach on things because you are  the ones would really be finding out whether it would really be that relevant or not. This is why it is really that important that you should really know on when to get in and when to get out because if you cant really be able to distinguish about in between time frames then you would really be that having a hard time whether
you should get in or not. It is really all according into your own learning and experience in overall on which you are the ones who would really be able to find out.

There’s no such thing as time frame that works for you since the best time frame varies on the specific coin you are viewing. There’s coin and token that is bullish on short term time frame while others moves the same, Choosing your perfect timing based on your preference will not gonna properly because it relies on the token you are trading.

Yeah, timing is everything and you should find the time frame and tokens that perfect on your current target goal of trading.

You made a brief and good analysis about timing on trade and that is very much important for a trader because if you understand your strategy then you need adequate and proper timing to execute it and like you posted depending on the type of trading, there is appropriate timing for it. However, if you want to start profiting as soon as you entered the market then you need to also look at 1minute but most swingers don't usually see it as needful.


Don't you consider these two as the same? If a swinger looks for weeks spot to decide his or her trade that means they are looking for a better position. For convenience, I think they are the same type of trading.

Yeah, trading works with timing, and even before you are able to have that skill of timing, you must have been a skilled trader. Also, before one is able to consistently make more profit on  trades, they must also have been good traders. A professional trader, who maybe is a scalper, usually works with his trading strategies by regularly using his trading tool to analyse the market and know the right time to enter the market, how long the trend can go, when they will make profit, and when they must exit the market. All of that works well for a trader who has worked on their trading skills first before they can even be very moderate with timing. Also, despite how professional one is with timing and trading, they cannot still make a profit all the time.

Timing is important in trading, but the most important than timing is developing a trading strategy, as this strategy will place the importance of timing. For example, if you are a long-term trader, times such as a day or two will not constitute a change in the price. the scale on the weekly pattern or several weeks is what governs your trading strategy.
in daily trading trading patterns is less than 24 hours, and therefore allocating it to hours or minutes will be the best, and then your profits will be limited to less than 5%, or whenever you achieve profits, even by 1%, you can close the deal, as the trading strategy here is to achieve several simple profits, but open several Intraday deals, which is the opposite of long term trading.

In general, trading is a mixture of several things. the simple knowledge of all of them is what makes you make a profit and not focus on one type of trading.

Swing trading required a lot of patience and a good volume.


I agree with you that trading is risky but being equipped with the right knowledge increases your chances of making profit.


For every trade it is important to pay attention to what you can loose.

All traders wants the benefit which is to make profit, but the result for them may be losses, depression and addiction. It is good to take note of that.

It can be the timing for losses as it can be the timing for profit.

There is no time frame for trading. It is the market and indicators that will determine the time to open a position or to trade.

These are just the types of trading not timing.

Some minutes of opening and closing of position is scalping
Less than a day but more than minutes is day trading
More than a day up to some weeks is swing trading

Most successful traders are swing traders. They use low leverage and stay for long. Holders which is not trading is very good and the best. Scalping and day trading are the riskiest but using low leverage can help.

Trading is very risky.

You can also talk about indicators, strategies and risk management. Risk management is very important and should not be neglected. Example of risk management starts from using the amount of money that you can afford to lose to trade. But it is more than that. The use of low leverage is also part of it.

Don't time the market and think that you can do it well to get profit with trading. It is more risky if you are bad with capital management and has habit like using all capital for trading. One or two lost trades will eat your initial capital very considerable.

Each time you enter the market, you will have different best time frames to use. It depends on market and what you see (chace and risk) at the moment, so you will see potential best time frames, best waiting time to close your positions.

Like when a market is side way a long time and seems to have a big movement, it is terrible if you use a long time frame because you will stuck with the market.

Long or short time frame, you must always be clear about your entry, profit taking and cut loss prices as it is how you manage risk and avoid or minimize loss from your position. It is important in trading whatever time frame you are using.

Timing and Trading

Timing- I may not not know how to define time properly but I know that the measurement of time is in seconds.

Trading- Is buying and selling.

Trading In Cryptocurrency is the buying and selling of coins and it involves speculation of price movement. You can decide to trade in futures, spot or even buy and hold to sell at the appropriate. One of the outstanding benefits of trade is that you get profits.

Note: Timing is everything to trading.

First of all, You need to know which time frame works best for you. Examples of time frame include; 1 min, 5 mins, 15 and 30 mins, 1 hr, 4 hr, 1 day, 1 week etc. Please note there are time-frames in between.
To actually know the time frame that works for you is to practice trading my advice is to use a demo account. The time frame that gives you more profit fits your personality in trade.

Personality in Trade

I say this carefully, you can be a scalper, intra-day, swing, or position traday.

Just to be brief on Timing;

A Scalper eyes is usually on 1mins and 5mins

An Intra-day eyes is usually on a day to an hour. Spotting opportunities.

A swing personality looks for weekly and daily chart for opportunity.

Position trading as the name implies takes longer timeframes.

Note: There are little variation to this which depends on few factors.

Always take note of the time you enter the market it will also give you insight to live with profit or loss when necessarily.

Feel free to contribute as there are many more things to learn.