What timeframe should I trade on?
Asger Emborg avatar
Written by Asger Emborg
Updated over a week ago

We recommend all our users to stick to the daily (1D) timeframe and look for trades with 3.5% risk as this combination provides the highest probability of scoring a winning trade.

Working on lower timeframe requires you to you to stay on the screen more regularly because the chart updates with a new candlestick more frequently. Trading on the 1D timeframe allows you to have more time to breathe while minimizing your risk of missing opportunities at the same time.

Our suggestion is that you start trading on the 4H timeframe once you've had consistent success with the 1D timeframe.

Why not lower timeframes?

Some of you have probably done some day-trading or scalping in the past. Even though the mathematical model for the BFT algorithm works on timeframes as low as 1 minute, we disable the rest and keep only 1D available for the strategy mode.

You may be able to make money very fast on lower timeframes; it's fun, euphoric, until it's not anymore. The truth is it's extremely difficult to be consistently profitable trading on lower timeframes. However, the losses that follow are 10x worse than the winners do, and then you need to keep up a happy mindset so you don’t start diving into the hundreds of psychological mistakes there are to make. 

Trading on lower timeframes is time-consuming and requires constant screen monitoring. The mental exhaustion of doing this months after months is not sustainable. Most that can't stop themselves end up ruining their gains by overtrading and can turn to gambling down the line.

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