Yet another newbie day trading questions

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Updated June 22, 2014

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Yet another newbie day trading questions

June 21st, 2014, 04:33 PM

#11 (permalink)

TraderLJW

Salt Lake City Utah/United States

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Turveyd

Stocks take up a lot of time in prep work as there are 1000's of them to screen and check, these days 2 charts M1 is way easier, so swings and roundabouts.

Forgive my ignorance, but I am not familiar with what "M1" is. Can you expound?

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June 21st, 2014, 09:45 PM

#12 (permalink)

Turveyd

Birmingham UK

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TraderLJW

Forgive my ignorance, but I am not familiar with what "M1" is. Can you expound?

1 Minute per bars / candles on the chart.

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June 22nd, 2014, 12:51 PM

#13 (permalink)

TraderLJW

Salt Lake City Utah/United States

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Turveyd

1 Minute per bars / candles on the chart.

Thanks for the education. I had never seen 1 minute expressed like that before. Again thanks for tolerating my ignorance.

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June 22nd, 2014, 02:46 PM	#14 (permalink)
TraderJim618 Falls Church, VA Posts: 25 since Oct 2013 Thanks Given: 6 Thanks Received: 26	For anyone new to trading, I highly recommend NOT using a one minute chart.

June 22nd, 2014, 04:50 PM

#15 (permalink)

Turveyd

Birmingham UK

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TraderJim618

For anyone new to trading, I highly recommend NOT using a one minute chart.

That's the conventional wisdom, but as with most conventional wisdom I think it's 100% wrong.

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Last Updated on June 22, 2014

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