Is the larger time frame overrated?

Ok, now we are going somewhere.

So yes you will make more money with the same trading system using the smaller time frames, simply because you will trade much, much more frequently.

And no, the hourly rate is not an issue if you automate your system.

So, at the end of the year, Sam SmallTimeFrame will make more money than Bob BigTimeFrame, starting with the same capital, and all that without having to touch a single BUY or SELL button on his computer.

 

Ok, but have u automated?

 

Trading frequently in short time frames doesn't mean that every order will generate profit to you. It is more complicated to predict 10 min movements of a market than on 24 time frame because of it's volatility.

 

I'm glad someone gets it. I was feeling like an outsider for awhile..

 

SHORT TIME FRAMES I LOVE YOU SO MUCH PLEASE GIVE ME KISS MUAH..

Actually it's the other way around.. It's much easier to predict 10 min movements than a 24hr time frame.. Put it like this, if I ask you what are you doing in the next 5 mins, I bet you can give me very specific answer.. But if I ask you what are you doing in the next 5 days from now, I bet your answer will be vague or no answer at all.. Yes, I understand about volatility, but when do you really have to worry about volatility? Mostly on news and when the market open..