What’s a good time frame to do the deal?

Choosing a time frame that doesn’t fit your trading strategy or personality can be one of the biggest mistakes you can make.

Beginners are always eager to shorten the time horizon for a quick profit.

In most cases, this will end in failure and frustration.

Between daily, weekly and monthly charts, what works best for you?

Depending on your personal preference, choose the time frame you feel comfortable with.

If you think the daily chart frame is too hasty, use the weekly chart frame.

If you think a larger frame is too long for you, switch to an hourly frame.

So, if you’re a beginner, you can slowly try shorter time frames, like 15 minutes, then one hour, four hours, daily, weekly until you find your comfort zone.