Zak Mir, an experienced technical analyst speaks about trading timeframes and money management
What are the market conditions that you consider ideal, and which ones are the most challenging, for the performance of your strategy?
When developing a trading strategy, do you give a higher priority to building entry signals, exit signals or money management rules?
Do you favor any particular timeframe in your strategies? What is your average trade duration and trading frequency?
What should an inexperienced trader watch when choosing a time frame?
In terms of day to day strategy, it shouldn't really make a difference unless the market is very volatile. If you've got your methodology correct and you're trading with stop losses you shouldn't really be bothered.
