Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (82625)	11/2/2023 1:59:10 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 97958

The timeframe is more important than the actual stock. Timeframe defines how volatile the results are and strongly affects the risk/rewards ratio. In fact, arguably the timeframe is even more important than the trend because it affects the trend. Timeframe also defines what you should pay attention to. Are running a 30s timeframe? Then short of a nuclear war, nothing fundamental changes during the trade - focus only on the orderflow and the technicals. Are you using a monthly timeframe? It is unlikely that you can use the fundamentals to your favor. Focus on the macro and the demographics. People should understand what they are trading and what the dominant factors for their trade is. The timeframe also decides who your competition is and what tools you should be using. So it is always first and foremost about the timeframe. My timeframe bar size is between 15 minutes to daily. And most of the times it is between 30 minutes to 4hr. This roughly translates to few days to few weeks. Whatever you see on my charts that are longer than a couple of months are there for context. This doesn't mean that I don't keep anything longer than a month. If the trend keeps up, so will I. But the nature of the market is that barring rare situations, there is always a worthwhile pullback or a big jump in each quarter. I try to catch those. PS My green/redline system is versatile. It can be used with any stock over any timeframe. It is not limited to any particular style.