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Yet another newbie day trading questions


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Yet another newbie day trading questions

  #11 (permalink)
 TraderLJW 
Salt Lake City Utah/United States
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Experience: Intermediate
Platform: NinjaTrader
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Turveyd View Post
Stocks take up a lot of time in prep work as there are 1000's of them to screen and check, these days 2 charts M1 is way easier, so swings and roundabouts.

Forgive my ignorance, but I am not familiar with what "M1" is. Can you expound?

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  #12 (permalink)
Turveyd
Birmingham UK
 
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TraderLJW View Post
Forgive my ignorance, but I am not familiar with what "M1" is. Can you expound?

1 Minute per bars / candles on the chart.

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  #13 (permalink)
 TraderLJW 
Salt Lake City Utah/United States
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Trading: Gold
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Turveyd View Post
1 Minute per bars / candles on the chart.

Thanks for the education. I had never seen 1 minute expressed like that before. Again thanks for tolerating my ignorance.

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  #14 (permalink)
TraderJim618
Falls Church, VA
 
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For anyone new to trading, I highly recommend NOT using a one minute chart.

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  #15 (permalink)
Turveyd
Birmingham UK
 
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TraderJim618 View Post
For anyone new to trading, I highly recommend NOT using a one minute chart.

That's the conventional wisdom, but as with most conventional wisdom I think it's 100% wrong.

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Last Updated on June 22, 2014


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