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Strategies & Market Trends : DAYTRADING Fundamentals
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To: booters who wrote (9113)6/23/2000 12:39:00 PM
From: TraderAlan  Read Replies (2) of 18137
 
boots,

Two other points about time frame charts.

Each length chart attracts its own crowd and we each compete against one group better than another. So shifting to another time frame leaves us at at a disadvantage since the players that already trade it understand its quirks and are in rhythm with its timing.

Also we all tend to be early or late into our positions. Shifting to a faster chart helps if we're often late but can hurt if we're early.

Alan
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