Why do we need to choose a timeframe? Many newcomers do not attach importance to this. And in vain! After all, for each style of trading is different timeframe. The constant change of timeframe is similar to the constant change of a class of cars in races – you will go to many, but you can not reach the finish line.
Is it possible to conquer Everest in a business suit (or in home practice) without special equipment and training? Maybe, but the chances of staying alive are negligible. And to conquer the tops of the financial market without taking risks, without experience, only on one desire to earn? It is also unlikely, but somehow everyone believes this. Risk is noble, but not here and not with your deposit.
For successful trading on the exchange, it is important not only to know the market and a refined strategy, but also a comfortable workplace for the trader. It would seem, what a trifle – a workplace! But could you successfully trade, if you have a child screaming over your ear, you are sitting in an uncomfortable chair, everything is blurry on the monitor, the wife thunders with pans and tempts with the smell of your favorite dishes?