Yet another newbie day trading questions

June 21st, 2014, 04:33 PM

Turveyd

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?

June 21st, 2014, 09:45 PM

TraderLJW

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

1 Minute per bars / candles on the chart.

June 22nd, 2014, 12:51 PM

Turveyd

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.

June 22nd, 2014, 02:46 PM

For anyone new to trading, I highly recommend NOT using a one minute chart.

June 22nd, 2014, 04:50 PM

TraderJim618

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.

Yet another newbie day trading questions

Discussion in Traders Hideout

Yet another newbie day trading questions