⏱️ What kind of beast is 'timeframe' and which one to choose?
Got stuck on the candles like a series, and realized: I understand nothing about what's happening.
Let's break it down from scratch 👇
📍 To start with — what even is a 'candle'?
The price chart in trading is built from candlesticks.
And each of these candles shows what happened to the price over a certain period:
🔸 Opening price
🔸 Closing price
🔸 Maximum for the period
🔸 Minimum for the period
One candle = one timeframe (time segment). Here's how it works:
M1 — the candle shows 1 minute
H1 — 1 hour
D1 — 1 day
and so on...
🧠 Simple example:
You opened the BTC chart on M1 (1 minute). I see jerks, hell, spikes. I think — 'that's it, the market is crashing!'
Opened the same chart on D1 (1 day) — this hell is just the shadow of one candle.
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👉 The moral? The smaller the timeframe — the more visual noise and chances to panic without reason 😅
🧐 Which one to choose?
🔹 Newbie?
Start with D1 — the daily chart will give you an overview of the whole picture, not just the drama of the last 15 minutes.
🔸 Looking for entry points into a trade?
Look at H1 or M15. These are already 'working' timeframes — you can catch setups there.
⚡ Are you scalping like a madman?
M1–M5 — your arena. But be ready: this is the level of 'Trading at maximum'. Here you need a cool mind, not trembling fingers.
⚠️ The main thing, remember:
The smaller the timeframe — the more:
false signals
emotional decisions
desires to close everything and go into IT
Start with a large timeframe (D1), and then zoom down — like zooming in on a photo on Instagram to see if it's really a bot 😅
🧨 P.S.
The first time I traded on M1, I seriously thought I had caught the bottom.
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In 5 minutes I found out that the chart has three more basements.
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Lesson? Choose a timeframe that suits you. Not just because someone in the chat said 'there's more movement on M1'.
😏 If the post was helpful, like it, subscribe
If it didn't work out, I'm not a setup for you to fit 😌
