It’s often said – and this time, I’m sure there’s a lot in it – that one of the main factors in not showing a yield on your investment is that you’re in the wrong chart.

The newbies rush into the violent world of the 1-minute or 5-minute chart – with these you’re getting apparent signals coming at you constantly, and it does take a pro to sort out the gold from the trash (if it can be done at all).

And there’s a lot of people around who just don’t want to get involved in any extra calculation of rollovers etc. “I’ll just close this position and then I’ll know exactly where I stand…” That’s lazy – sorry, but it is.

For myself, I must admit I like a quiet life – just seems more sensible – I’m happy in the world of the 4-hour and daily charts, and guess as time goes on I’ll drift upwards toward the weekly. There’s time to do some proper analysis of the situation. This isn’t the get-rich-quick world and that isn’t for me – think of your blood-pressure…

Sure, you need to have the capital behind you as a longer-term trader, and you aren’t going to get the adrenalin of a 100:1 leverage going the right way as you watch it, which I’ll admit is (more than) half the fun. But it’s what the big guys do, and in theory there’s no reason not to imitate them on a smaller scale.

So if these green and red candlesticks are coming at you too quickly and starting to blur – ease back, look at the calmer picture.