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Lesson 2 of 2
Understanding Timeframes
Zoom in or zoom out
Charts can show different time periods. Each candle represents that much time.
Common timeframes:
- 1D (1 Day) - Each candle = 1 day of trading
- 1W (1 Week) - Each candle = 1 week
- 1M (1 Month) - Each candle = 1 month
Pro tip:
- Short timeframes (1D) = Good for active traders
- Long timeframes (1M, 1Y) = Good for investors
Zoomed out, the market almost always goes up over decades.