Trading Timeframes

It is hard to stick to one timeframe. Some traders describe themselves as '15 minute chart' traders or 'end of day' but in truth a mixture of techniques will generally work better. If anything timeframes become relevant as a trading style more than anything else. For instance, a scalper may make 200 trades per day while a weekly swing trader might only make 12 trades a year.
Other traders think of themselves more as longer term CFD holders, but in truth these aren't really traders but investors. 'Buy and hold' is the adage adopted by most of these investors (sometimes referred to as 'buy and hope' by the shorter term CFD traders). It is interesting that two of the greatest long-term investors were WD Gann who said that there is 'more money in the long pull' and Warren Buffet who advises not to buy a share if they’re worried about its price declining 50%.
The optimal timeframe is a personal choice and what works for someone may be a wrong choice for another investor. No single timeframe is right or wrong. Just go along with what works for you.

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