 Hmm What's up money gigs mr. V here welcome to another video guys so in this video I want us to talk about the trading time frame because that's a question that I've gotten from a lot of you guys out there Asking what time frame I use for trading so if you are getting into day trading You have to at least have a time frame based on the platform that you use So that's what I want us to talk in today's video But before we get to the guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and your notification belt So you don't miss out on you content So basically when it comes to trading you have to understand what is a time frame? So time frame is just the amount of time that a trend would last in the market So if you are a day trader or a string trader a long-term trader You want to identify a particular trend based on time and see if that trend repeats itself And if it's consistent that you can kind of trade that using that time frame So that's pretty much what it is So if you have or let's say we both which is a platform that I trade with if you can see up here Where my mouse is there are different time frames that you can use for trading is a one minute There's a two minutes at three minutes all the way to 30 minutes So one two three five ten fifteen and thirty then beyond that is that goes into hours Which is one two four and then days and then weeks and then months and then quarters and then year So it gives you that big window to be able to do analysis and determine Which way you want to go so again like I mentioned there are three Different kinds of trace traders that can be using this time frame So the first one would be let's say day traders So day traders are people that could trade off let's say the one the two the three the five the ten and the 15 minute window so you see them within that space And you have to follow those trends and look at what's happening within that time frame For me I use the one minute time frame because I'm what you call a momentum trader or a gap and go trader So every candidate you see here on this chart It's one minute and you can see it makes a whole lot of difference for me So I don't sit and wait my trades are fast quick in and out I don't have to sit in a trade for five minutes unless there is really a good catalyst that allows me to sit in that trade so my trades move really fast and they call them gap and go because they start moving fast and I want to see it move and I take profit as I go So a lot of people would do Maybe trick with the 15 minutes where you can get in and then you look at that trend like 15 minute trends Let's switch. Let's say in 15 minutes right here. Just gonna take a look So if you were trading 15 minutes, so each of this candle is 15 minutes So if you get in if you got in here, you're looking at this candle Which is 15 minutes knowing fully where that you have to wait 15 minutes to go up So you can treat using that again, it depends on your trading strategy So that way you can determine which particular time frame you want to use I personally use the one minute and if you are a long-term trader You probably want to use maybe the week the the month or even the quarter to see what you want to get into Let's say if you are looking at a particular stock do some analysis You want to see what that stock has done over Maybe a period of time over the quarter or over the week or over the month or over a year to actually see what's be happening So if we let's say we take this stock right here that I'm looking here I'll eds if you can see coming into today This stock has been a five dollar stock for a while You can see that just sitting there at five dollars and then it popped today to a high of 13 dollars and some change And then so the question is if you want to swing this stock Are you swinging it to the upside or you're swinging to the downside? Because right now support for this would be a five dollars because this thing can go back to where it came from Which is five dollars. So if you go in here without any catalyst This is not going to be one that you want to swing because if you're swinging to the upside You're already trading at the high here So you don't want unless you know that there's a catalyst that can push that high even higher at this particular point You don't want to touch it. So that's something that you have to be aware of as a string trader Again for long-term positions, you don't want to buy the high you want to buy when it's actually trading at the low So you go again, you can look at the date chart here Or you can look at the weekly charts and see what's happening with the stock So this is their daily chart. Look at how this thing has moved It went for again, like I said from five dollars all the way to 1340 for a high and that's setting a new high Which to me that's not usually a good place for you to get into the stock You don't want to buy it at that high But for day traders and we look at it want me to candle here It gives you a ton of opportunity to trade so like right here right out of the gate You could have made money right there the squeeze from here all the way to up here That's where you could have made money even right here this bounce off of View up right here. You could have made some money. So again Figure out what you're doing as a trader. Are you a swing trader focus on your daily chart decision? So you can use the weekly chart to kind of guide you Through the process and then if you are a day trader You can focus on using the one minute two minute three minute five minute ten and fifteen minutes On the we will platform and if you are a long-term trader You can focus on using the weekly the monthly and the quarterly or yearly charts to give you an Idea as to what would be your entry point and your exit point and also to define what would be Support and resistance for that particular stock. So that's what I wanted to cover again in this video guys Just to give you guys just to conclude here My trading strategy is what you call momentum trading, which is gap and go So I don't have the time to sit there or the patience to sit there Using the five mini candle to see what's gonna happen in that trade if you if I'm doing a swing trade Oh, if I see a particular stock that has a catalyst and I can do that But on a daily basis, I'm just trading stock is a gaping moving fast volume comes in and you buy and sell Very quick. That's why volume. It's a huge part of my strategy if you've watched some of my videos I take a lot about volume because that's what drives that movement that momentum so you can go in and out as Soon as possible. So I'm not sitting there holding that it's gonna keep going up No, as soon as I make profit I secure that profit wait for another opportunity So that's what I wanted to cover in this video again guys. Let me know in the comment section What time frame you use for trading have you tried other time frames or are you just trying to figure out which one works for you again? If you have any doubts, I'll say paper trade make sure you practice the time frame that works best for you Doesn't mean that my time frame should be the same like what you use test the time frames that work for you Maybe you're better trading up with the five minute time frame than a one minute time frame So again, I did disadvantages and advantages of using a particular time frame. Yes, if you look at some of the trade You could just see like if somebody that was trading here using the five minute time frame This person if this person got in the trade, let's just say right here If you got in the trade right here at eight point one If you're using the five minute time frame you would have been into this trade all the way to 13 But if you're using the one minute time frame You'd have gotten out like somewhere here because look at this thing act like it was gonna reverse and then Turn around and then squeeze back up. So again, there's advantages and disadvantages of those time frames So you have to figure out which one works best for you again Let me know in the comment section what you think about is if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on your content also guys if you are looking to get started with investing We will has their promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description below and as always guys do your due diligence Don't be a greedy savage and stay motivated You