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Longer Term vs Shorter Term

Longer Term vs Shorter Term

2010-04-15 23:07:00
Richard Krivo, Trading Instructor
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Instructor's Response:

 
While there are traders who are successful trading for the very short term, it has been my experience that traders who trade from longer term charts and stay in trades for longer periods of time, will experience greater success over time in trading.
 
As you state, shorter term traders will have more trading opportunities but their overall success ratio will be less. Longer term traders will have fewer opportunities to trade but their success ratio will be higher.
 
Here is a table that shows some of the differences between short term, mid-term and longer term traders...
 
chart 4 15 10

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