šÆ Ready to elevate your trading game? Hereās how!
Uncomfortable Truth:
ā® Thereās no "best" timeframe to trade. Your choice should align with your trading style.
To succeed, you'll need 2 timeframes:
ā® Analysis Timeframe
ā® Execution Timeframe
Letās break it down:
1. Analysis Timeframe šµļøāāļø
What to do:
ā® Study market structure
ā® Identify trends
ā® Form your HTF (High Timeframe) bias
Choose 1 of these:
ā® Weekly
ā® Daily
ā® 4-Hour
ā® 1-Hour
2. Execution Timeframe šÆ
Focus on lower timeframes to:
ā® Identify entry triggers
ā® Manage trades
ā® Set take profits/stop losses
Choose 1 of these:
ā® Daily
ā® 4-Hour
ā® 1-Hour
ā® 15-Minutes
ā® 5-Minutes
ā® 1-Minute
Popular Combo Strategies:
ā® 1 Week + 1 Day š
ā® 1 Day + 4 Hour ā°
ā® 4 Hour + 15 Mins ā³
ā® 1 Hour + 5 Mins ā
ā® 15 Mins + 1 Min ā±ļø
Which one fits you?
Example: Analysis & Execution Timeframes
Letās take $SOL for instance:
Daily Analysis Timeframe:
ā® Shows a shift in market structure from bullish to neutral. This provides context on how the asset is behaving, helping me plan my next trades and strategy.
4-Hour Execution Timeframe:
ā® After observing the neutral shift on the daily, I might opt for a mean reversion strategy over momentum and trade within the 4-hour range to profit.
Balancing Analysis & Execution Timeframes
To become profitable, you need a balance between the two. But be cautious of these common pitfalls:
3 Major Mistakes Traders Make:
1. Micro-analysis š§
ā® Entering on a higher timeframe, then micro-managing on a lower one? This leads to psychological errors and losses.
For example:
If your investment horizon is 10+ months, donāt stress about the daily timeframe. The same principle applies to smaller timeframes in trading.
2. Not Looking Left š
ā® Too focused on execution levels but ignore previous price action? Knowing how your asset reached your level is crucial for accurate execution.
For example:
If you short a support level using a momentum strategy without realizing price is ranging, your trade could hit a stop loss.
3. Believing in a Perfect Timeframe š°ļø
ā® Thereās no "right" or "wrong" timeframe. All timeframes are fractal; they tell similar stories with different details.
For example:
The market structure seen on a HTF is also visible on a LTF. They might look different, but the story is the same.
Leverage this knowledge to your advantage!
Master Analysis & Execution Timeframes
This will help you:
ā® Cut losses āļø
ā® Improve winners š
ā® Perform more consistently š
Take it from meāunderstanding this has helped me make millions. š°
Ready to level up? Choose your timeframes and start trading smarter today! š
