Forex Lesson - The Importance of Using the Same Timeframe in Forex Trading. There are many times when I hear about forex traders opening or closing a trade using 1-minute or 5 minute forex chart when the forex market moves against them. This is not my style of forex trading as the timeframe is too short to prove anything.

1. Forex Training - The
Importance of Using the Same
Timeframe in Forex Trading

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There are many times when I hear about forex
traders opening or closing a trade using 1-minute
or 5 minute forex chart when the forex market
moves against them. This is not my style of forex
trading as the timeframe is too short to prove
anything.
When the market moves against them, they will
switch to 15 minutes chart to justify staying in the
market for a little longer. After a while if the
forex market continues to move against them,
they will switch to the hourly chart to find some
reasons to stay in the trade. They think that it
might be just a small pullback and they have to be
patient.
As the market continues to move against them,
which may be more than 50 or 100 pips, they will
then shift to 4 hourly or daily chart, hoping that
they can find some other reasons to stay in the
trade. So what happens if the market still move
against the trader and is already hundreds of pips
away? The next step they will find themselves in

3. is not holding the position anymore, instead they
will get a margin call because their forex trading
account have not enough funds left to hold their
position.
The main issue here is that they were looking for
ways to stay in a losing trade rather than closing
and cutting the loss. Even if you are not using my
forex trading system , you should be always using
a stop loss and and holding on to a losing
position.
Many new traders only think of winning in forex
trading and think that they are losers if they lost a
trade. This is because they do not have the right
forex training and therefore do not know the
correct way of trading. Professional and
institutional forex traders have losing trades too
and they understand that this is just part and
parcel of successful trading.
If you ask me what is guaranteed in forex trading,
I will say there is a guarantee of losing and not
winning! But it's the money management and the
set of rules that will determine your success. You
do not have to like losingComputer Technology

4. Articles, but you have accept the fact that there's
is no holy grail in forex trading and not all can be
winning trades.
I hope the above forex education will benefit you
if you have the habit of switching time frames to
stay in a losing trade. This is not a good method
to keep losses small. Judge yourself based on
monthly basis instead of daily basis. Be
consistent in your trading system and stick to one
time frame if you are using that timeframe to
trade.
ABOUT THE AUTHOR
The author, Daniel Su, is the founder of
http://www.ForexTradingPower.com where you
can get free premium forex trading tips and
resources.
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