Using Charts

[jimbob42 10]

Hi

A new member here but so far have found the forum helpful

I am brand new to futures trading although most of my work years were in the investment markets-- portfolio management and sales.

I know very little about day trading

 

Right now I am paper trading using Ninja Trader to get a feel for how it works. My question has to do with candle charts.

 

If you plan to try and scalp what is the best time frame to use on your charts?

Is it 1 minute, 2 minutes?

Another dumb question-- should the time frame differ between contracts--ES vesus YM, NQ?

Thanks

[trader273 10]

Just have to find something that fits what you are trying to accomplish. Everyone will probably have a different opinion.

 

Also, dont forget about:

1. Tick
   
2. Volume Based
   
3. Range
   

[Kiwi 16]

The correct answers are:

- you'll have to decide what works best with your method but longer term trades are psychologically easier.

- quite possibly but see answer 1 and test each.

[jimbob42 10]

Thanks

Right now it's a matter of getting used to the platform and figuring out the approach to take.

For me the learning process is a bit slow but I am learning a lot here