[00:02] seen new traders make. They pick the wrong trading time frame. You see, different time frames in trading will yield very different results. They will influence your trading style, the frequency of your trades, and so your
[00:14] wrong one could mean that your trades don't yield the results that you expected them to. So, we're going to look at the three kinds of time frames. So, you can pick the right one. The first one is shorter time frames. This
[00:26] includes anything from one minute charts to 1 hour charts. These will show you what is happening minute by minute or hourby hour within the trading day. On these time frames, you need to be actively trading throughout the day and
[00:38] making quick decisions based on the price action. So, they require very strong decision-making capabilities and lots of time investment. You'll also be making more trades on these time frames, which means that a larger chunk of your
[00:51] profits will be eaten by brokerage fees. There are traders that can yield good results on this time frame, but it's definitely not for everyone. Secondly, you have longer time frames. Anything from daily to monthly charts, which
[01:03] not years worth of price action on your chart. Traders that use these time frames boast much less noise, less screen time, less stress, and less profits will get eaten by brokerage fees. However, it is very slow. You
[01:17] might only get a few setups a year, and it's rare to see traders generating very large returns on these time frames. The third kind is right in between, ranging from the 1 hour to the daily charts. These will show you a few weeks or
[01:29] months worth of price action. We think this is the sweet spot for most traders. Trading in this time frame requires less screen time. They require less rapid won't get eaten by brokerage fees, but you can still get plenty of trading
[01:43] opportunities to generate high returns. This is the time frame that we trade with on the premium data trader service and it has helped our members nail in some incredible profits. We deliver real-time trade ideas, updates, and
[01:55] insights straight to our members dashboards. Join the thousands of dashboards. Join the thousands of traders already taking advantage of