What Time Frame Should I Trade?

Among those motives beginner forex traders overlook ‘t do as well as they should is because they’re usually trading the wrong time frame for their personality.
New forex traders will want to get rich quick so they’ll start trading small time frames like the 1-minute or 5-minute charts.
Then they end up getting frustrated when they trade because the time frame doesn’t match their character.
For many forex traders, they believe comfortable trading that the 1-hour graphs.
This time period is more, but not overly long, and also trade signs are fewer, but not too small.
Trading with this time period helps more time to examine the current market and not feel rushed.
On the flip side, we’ve got a buddy who may never, actually, trade at a 1-hour period frame.
It’d be far too slow to him and that he ‘d probably believe he was likely to rot and perish before he would get into a trade.
He favors trading a 10-minute graph. It gives him sufficient time (although not too far ) to make conclusions according to his trading program.
Another friend of ours could ‘t figure out how forex traders trade on a 1-hour chart because he thinks it’s too fast! He trades only daily, weekly, and monthly charts.
Okay, so you’re probably asking what the right time frame is for you.
Well buddy, if you had been paying attention, it depends on your personality. You have to feel comfortable with the time frame you’re trading in.
You’ll always feel some kind of pressure or sense of frustration when you’re in a trade because real money is involved. That’s natural.
But you shouldn’t believe that the main reason behind the strain is simply because things are happening so quickly you find it tough to make conclusions or so gradually that you just get frustrated.
When we first began trading, we couldn’t adhere to some time frame.
We began using the 15-minute graph.
Then the 5-minute graph.
Then we attempted the 1-hour graph, the daily graph, along with the 4-hour graph.
That is natural for new forex traders before you find your comfort zone and the reason why we recommend that you DEMO trade utilizing various time frames to determine which suits your character the best.