Rule #7 - Always trade a percent of your account, a small percent to manage risk and maximize profits.
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Rule #7 - Always trade a percent of your account, a small percent to manage risk and maximize profits.
What is the best timeframes to start trading with for beginners. No time constraints.
the best time frame to start with is a tough question with no absolute answer. it depends on what you are trying to learn but for day trading and binary options I would suggest using daily, hourly, 30 minute, 10 minute and 5 minute charts. These will give expiry for options ranging from end of week to 5 minutes. the lowest I go is 2 minutes, for trading anyway, 1 minute is to erratic and random.
Cheers The_Geek will rethink my strategy