When working with a trading platform, traders can choose from several chart types and set the time frame according to their liking. Some may say that those are secondary aspects of trading and do not make any difference. However, when the money is at stake, everything becomes so much more important.
By reading this article you will understand that choosing the chart type and finding the optimal time frame is no mere whim and learn how these two features can help traders achieve better overall results.
In order to become successful, traders have to learn, and learn a lot: fundamental factors, technical analysis, asset types and so much more. However, basics should not be discarded, as well. In order to trade in a proper manner, the trader has to set up his deals properly. Choosing an adequate chart type is one of the initial steps of this process.