SOL
Yesterday's four-hour level swing generated a profit of about a dozen points.
Many people actually do not quite understand the relationship between the "cycle" and "profit" that I often mention.
Generally speaking:
Four-hour level: from the bottom to the top, profit usually ranges from 5% to 10%, and can be higher when the market is good, approximately once every 3 days.
Daily level: profit ranges from 15% to 30%, but there is usually only one opportunity per month;
Weekly level: about one wave per year, profit ranges from 100% to 300%, and can be even higher during a bull market;
Monthly level: a major cycle occurring once every four years.
As for which cycle to trade, I believe it still depends on your capital size. Smaller funds are more suitable for small swings to accumulate quickly; larger funds are advised to be more cautious, with daily, weekly, and monthly levels being more appropriate. But be aware that the higher the frequency, the greater the probability of making mistakes.
