Timeframe
Technical analysisThe period each candle on a chart represents.
Fast timeframes maximise noise and cost. Your edge as an individual is patience, not speed.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 7 terms
The period each candle on a chart represents.
Fast timeframes maximise noise and cost. Your edge as an individual is patience, not speed.
Switching to a longer chart to justify holding a position that has hit its stop.
Converts a small planned loss into a large unplanned one, because the position size no longer matches the stop.
The directional read taken from a chart roughly four to six times your trading timeframe, used only to decide whether to look for longs or shorts at all.
It has exactly one job and cannot borrow another. The moment it starts justifying a position that has already reached its stop, the framework has started rationalising.
The practice of using three charts — higher, trading and lower timeframe — with one distinct job assigned to each.
Direction, then signal and stop, then entry price. Keep them roughly 4–6× apart, and remember that the timeframe you entered on owns the exit.
Holding for weeks to months based on higher-timeframe structure.
Fewer trades, lower cost drag, and it fits around a job — which is the point.
Estimating the difference between the price a backtest assumes and the price a live order actually fills at.
A daily-timeframe system loses relatively little to it. An intraday one can lose its entire theoretical edge.
A level of involvement in investing that can be maintained indefinitely alongside the rest of your life.
Stopping is a spectrum rather than a switch — shrink the satellite, lengthen the timeframe, automate the core, take a defined break. Scaling to what you enjoy is a different decision from quitting.