ilmscore | Best Timeframe for Trading - Intraday, Options, Swing, BTST | Trade with Purab

Predictions from this Video

Total: 33
Correct: 0
Incorrect: 0
Pending: 33
Unrated: 0
Prediction
Topic
Status
The one-month time frame is considered one of the best for positional trading to analyze yearly market performance and sentiment.
"So, for positional trading, the one-month time frame is considered one of the best because here you see what happens, how was the market performing throughout the year or was there liance on it, was there bearish reliance on it, was there bearish sentiment here?"
Positional Trading Time Frame
Pending
For positional trading, a combination of one-week and one-month time frames is recommended for better market understanding.
"But for positional trading, I suggest that you use a mix of these two time frames – one week and one month – so that you know what is happening here."
Positional Trading Time Frame
Pending
For positional trading held for less than 6 months or 1 year, using both one-month and weekly time frames is advised to monitor short-term market movements within weeks.
"So, if you do positional trading which is less than 6 months or less than 1 year, then I would suggest that along with the one-month, you should also use the weekly time frame to look at how the market is moving within weeks and how it is performing in the short term."
Positional Trading Time Frame
Pending
The weekly time frame is best suited for positional trading, and combining it with the one-month time frame aids in accurate entry and analysis.
"So, if we talk about weekly trading or weekly time frame, then it works best for positional trading. By combining one month and one week together, you can find out entries and analysis correctly for positional trading."
Positional Trading Time Frame
Pending
The one-day time frame is considered the best for swing trading.
"If you do swing trading, then it is not that useful for positional trading. That is a side, if you do swing trading, especially for swing trading, the one-day time frame is considered one of the best."
Swing Trading Time Frame
Pending
The one-day time frame is primarily used for swing trading.
"So, the time frame that is majorly used for this is the one-day time frame."
Swing Trading Time Frame
Pending
For trading short-term movements of one to two months, the daily time frame is more effective than the monthly time frame because the latter condenses too much information into few candles for adequate analysis.
"Now, when you want to trade a short-term movement of one or two months, then you have to see that the market is moving for one to two months. How much will it go within? If you look at the monthly time frame, two months will be over in just two candles. Correct, what will you be able to analyze in just two candles? That is why it is important that you focus a little on swing trading on the daily time frame."
Swing Trading Time Frame
Pending
The daily time frame allows for the identification of a significant number of trading opportunities for swing trading.
"But on the daily time frame, you can find a lot of trades for swing trading."
Swing Trading Trades
Pending
The one-hour time frame is useful for BTST trades (buy today sell tomorrow) and for trades held for two to three days, but less so for intraday trading which focuses on smaller daily movements.
"The one-hour time frame is useful for that. Look, even for intraday trading, one-hour time frame is not that useful because intraday, you try to capture small movements within a day."
BTST Trading Time Frame
Pending
The one-hour time frame is recommended for BTST trades and for trades held for two to four days.
"So, you have to tick one more time frame for BTST trading and you have to tick for the trades that you take for two to three days or three to four days, okay, understood, you have to tick for BTST trades that is buy today sell tomorrow trades and at the same time if you hold any trades for two-three days, buy and sell, then tick for that"
BTST Trading Time Frame
Pending
The 15-minute time frame is considered the best for intraday trading.
"Okay, for intraday trading. I think a 15-minute time frame is the best."
Intraday Trading Time Frame
Pending
Shorter time frames (5, 3, 2, 1 minute) are generally used for options trading due to its volatility, but shorter does not necessarily mean better trades.
"So, you have to keep one thing in mind: the shorter you go, the more you go 5 minutes, 3 minutes, 2 minutes, 1 minute. You can go shorter, you saw there is also a one second option, but does the shorter you go with all these things mean that your trades will be better?"
Options Trading Time Frame
Pending
For very short-term intraday trading (1-2 hours or less), the 5-minute time frame can be preferred.
"Now if you are doing intraday for a very short term, like for one to two hours or even less than that or a little around that, then you can give a little preference to 5 minutes."
Intraday Trading Time Frame
Pending
For longer intraday trading sessions (3-4 hours or more), the 15-minute time frame is more suitable.
"If you do it for a little longer time, like for three to four hours or more than 4 hours, then you should give more preference to 15 minutes."
Intraday Trading Time Frame
Pending
For scalping, 1-minute and 2-minute time frames are most useful, as 15-minute time frames are not practical for very short trades.
"Look, a scalper is different, okay, for scalping, a 1-minute time frame will be useful for you because obviously 15 minutes will not be useful there because many people trade for 2 minutes, so if you want to trade for 2 minutes, you want to trade for 3 minutes, you want to trade for 4 minutes, then you don't want to trade for 15 minutes. You'll look at candles. Certainly, 1-minute and 2-minute time frames are useful for scalping."
Scalping Time Frame
Pending
While 1, 2, and 3-minute time frames can help identify optimal entries and patterns, direct trading on these time frames without higher time frame confirmation is discouraged.
"You need to find the best breakout, the best breakdown. You need to look for the best patterns. But one thing you have to keep in mind. You should never trade directly on the one minute, nor should you trade directly on the two minutes, nor should you trade directly on the three minutes."
Short-Term Entry Optimization
Pending
The 1 and 2-minute time frames are useful for pinpointing the best possible entries for trades.
"After finding the entry, you take the trade. You must have understood that 1 minute, 2 minutes, these will help you find out the best possible entries and will help you take trades on the best possible entries."
Short-Term Entry Optimization
Pending
For options trading, the 5-minute time frame is used, but analysis should first be conducted on the 15-minute time frame, regardless of whether one trades on 5 or 3 minutes.
"After that, if you are doing options trading, the time frame is 5 minutes. Whether you use a 15-minute time frame or a 3-minute time frame, in both, you have to analyze on the 15-minute time frame."
Options Trading Time Frame
Pending
Smaller time frames tend to generate a higher number of fake signals.
"The smaller the timeframe, the more fake signals you get."
Short-Term Trading Accuracy
Pending
Multi-timeframe analysis is crucial; for 15-minute trades, check the hourly timeframe, and for 5-minute trades, check the 15-minute timeframe.
"If you trade 15-minute timeframes, you should also check each hour's timeframe. Similarly, if you trade 5-minute timeframes, you'll also need to check the 15-minute timeframe."
Multi-Timeframe Analysis
Pending
The one-month time frame is considered one of the best for positional trading, allowing analysis of the market's annual performance and sentiment.
"So, for positional trading, the one-month time frame is considered one of the best because here you see what happens, how was the market performing throughout the year or was there liance on it, was there bearish reliance on it, was there bearish sentiment here?"
Positional Trading Time Frame
Pending
For positional trading, a combination of one-week and one-month time frames is recommended for better market understanding.
"But for positional trading, I suggest that you use a mix of these two time frames – one week and one month – so that you know what is happening here."
Positional Trading Time Frame Combination
Pending
The one-day time frame is considered one of the best for swing trading.
"If you do swing trading, then it is not that useful for positional trading. That is a side, if you do swing trading, especially for swing trading, the one-day time frame is considered one of the best."
Swing Trading Time Frame
Pending
The daily time frame offers a higher number of trades for swing trading compared to the weekly time frame, which has fewer trades suitable for positional trading.
"And in this you have to keep two things in mind. If we talk about the pros and cons, then here you will see a higher number of trades. You will see more trades. On the weekly time frame, if you go looking for trades which are for positional trades, then you will see very few trades. But on the daily time frame, you can find a lot of trades for swing trading."
Swing Trading Time Frame Analysis
Pending
For BTST trades and understanding short-term market movements within a month, using weekly time frames alongside monthly ones is beneficial.
"It is also not useful for BTST trades. So, multi-time frame analysis asks us, what did you do first? You checked the one-month time frame and broke it into four parts. There are four weeks in a month, right? So, in a month You'll see a candle. Now, you'll know what happened in that one candle four times. In the weekly time frame, it'll be known in four parts."
BTST and Short-Term Trade Time Frame
Pending
The one-hour time frame is useful for intraday trading, swing trading, and BTST trading.
"Okay, then comes the one hour time frame. Okay, look, the one hour time frames are completely useless. They are definitely useful, but we just have to explain the pros and cons of comparison. That is why I am mentioning all the points and trying to explain everything. Okay, then comes the one hour time frame. Okay, look, the one hour time frame is used by many people in intraday trading, swing trading, and also in BTST trading for these types of trades."
BTST and Short-Term Trade Time Frame
Pending
The 15-minute time frame is the most preferred time frame for intraday traders.
"So, after one, if we talk about one of the most popular time frames, it is 15 minutes. 15 minutes is the most preferred time frame for intraday traders."
BTST and Short-Term Trade Time Frame
Pending
Shorter time frames like 5, 3, 2, and 1 minute are primarily designed for intraday and options trading due to their volatility. For intraday trading, 5-minute is preferred for very short durations (1-2 hours), while 15-minute is better for longer intraday durations (3-4+ hours).
"So, you have to keep one thing in mind: the shorter you go, the more you go 5 minutes, 3 minutes, 2 minutes, 1 minute. You can go shorter, you saw there is also a one second option, but does the shorter you go with all these things mean that your trades will be better? Okay, first let's talk about 5 minutes and there is a lot of confusion about whether you should use 5 minutes. Now see, as we said, you can use 5 minutes in intraday as well. You can use 5 minutes or 15 minutes in intraday, so which one should you use?"
Options Trading Time Frame Recommendation
Pending
For scalping, a 1-minute time frame is considered useful, and 1-minute and 2-minute time frames are generally useful for this trading style.
"Look, a scalper is different, okay, for scalping, a 1-minute time frame will be useful for you because obviously 15 minutes will not be useful there because many people trade for 2 minutes, so if you want to trade for 2 minutes, you want to trade for 3 minutes, you want to trade for 4 minutes, then you don't want to trade for 15 minutes. You'll look at candles. Certainly, 1-minute and 2-minute time frames are useful for scalping."
Scalping Time Frame
Pending
While 1, 2, and 3-minute time frames can help find the best entries and patterns, direct trading on these short time frames without higher time frame analysis (like 15 minutes) should be avoided.
"You need to find the best breakout, the best breakdown. You need to look for the best patterns. But one thing you have to keep in mind. You should never trade directly on the one minute, nor should you trade directly on the two minutes, nor should you trade directly on the three minutes. Here, even in 15 minutes, you know that the market is going up. It is going up in 5 minutes, it is going up in 3 minutes. You have done the rest of the analysis as well. Now you come to the nine minutes and find the best entry. After finding the entry, you take the trade. You must have understood that 1 minute, 2 minutes, these will help you find out the best possible entries and will help you take trades on the best possible entries."
Multi-Time Frame Analysis for Entry
Pending
For options trading, analysis should be done on the 15-minute time frame, with trades then taken on 5, 3, 2, or 1-minute time frames. The 1-minute time frame can assist in placing accurate stop losses, entries, and targets.
"So, okay, you have to analyze on 15 minutes. After that, you can take trades on 5 minutes, 3 minutes, 2 minutes, 1 minute. And at the same time, smaller time frames will also help you in placing stop losses correctly. So, in this way, 1 minute can give you the best stop loss, best entry and best target."
Options Trading Time Frame and Analysis
Pending
For BTST, intraday, and options trading, both 5-minute and 15-minute time frames can be used, requiring some trial and error to determine personal preference.
"So, for BTST intraday and for many people, options trading, but if you do options trading, you have to pay a little attention. You can do 5 minutes, you can do 15 minutes. You have to try out a little."
Intraday Trading Time Frame
Pending
Smaller time frames tend to produce more fake signals. For example, a morning star pattern on a smaller time frame might be contradicted by the market's actual movement on a slightly larger time frame.
"because the smaller the timeframe, the more fake signals you get. It could be that the evening star may give you a fake signal, or the morning star, sorry, the morning star may give you a fake signal, saying, no, brother, it told you that it will go up, but you are watching in 5 minutes, the market is continuously falling, but in 9 minutes you see a morning star, so you have to avoid this trap."
Fake Signals on Shorter Time Frames
Pending