Which time frame is the best for day trading in Singapore?

As a trader in Singapore, you may be wondering which time frame is the best for day trading. In this article, we will explore three different time frames and discuss the pros and cons of each. By the end of this article, you should better understand which time frame is best for you.

What is day trading?

Day trading is a strategy that involves buying and selling financial securities within the same day. Day traders typically seek to profit from short-term price fluctuations, often using leverage to magnify their returns. While day trading can be risky, it can also be a highly profitable investment strategy for those willing to take on the challenges.

One of the critical benefits of day trading is that it allows investors to take advantage of market opportunities as they arise. By getting in and out of trades quickly, day traders can capture profits you might otherwise miss. Additionally, day trading can help diversify an investment portfolio and reduce overall risk.

For these reasons, day trading may be an attractive option for those looking to invest in the financial markets.

The different types of time frames you can trade-in

When it comes to options trading, there are different time frames that you can trade-in. Each has its own set of risks and rewards associated with them.

These time frames are intraday, daily, weekly, and monthly.


This is the shortest time frame that you can trade-in. The risks associated with this time frame are that the price can move very quickly, and it can be challenging to predict which way the price will go. The rewards are that you can make a lot of money in a short period if you can correctly predict the market’s direction.


This time frame is a little bit longer than intraday. The risks associated with this time frame are that the market can have some volatile days where the price moves up and down. The rewards are that you can still make a lot of money if you can correctly predict the market’s direction over a few days.

Weekly and monthly

Weekly and monthly charts are ideal for swing traders and those looking to take advantage of long-term trends. However, the lack of liquidity can make it difficult to enter and exit trades at desired prices.

How to determine the best time frame for day trading

Day trading can be a lucrative investment strategy, but it carries a high risk. For this reason, it is essential to carefully consider your risk tolerance and investment goals before deciding whether to day trade.

If you are risk-averse, then day trading may not be the right investment strategy. On the other hand, if you are comfortable with taking risks and have clear investment goals, then day trading could be an excellent way to achieve those goals. You must consider your circumstances and investment objectives to determine the best time frame for day trading.

With this information, you can make an informed decision about whether day trading is suitable for you.

Finding the strategy for success

Some traders focus on a select few stocks or commodities they are familiar with and stick to these instruments. Others take a more diversified approach, spreading their bets across different markets.

One common thread among successful day traders is discipline; they have strict rules about when to enter and exit trades and stick to these rules even when emotions are running high. They can also maintain a cool head in the face of losses, knowing that every trade is a separate entity.

By following these strategies and approaches, you too can be a successful day trader in Singapore.

Tips for beginners who are just starting in day trading

Day trading can be a lucrative way to make money, but it requires significant skill and experience to succeed.

For beginners who are just starting, there are a few essential tips to keep in mind:

  • Before making any trades, it is essential to have a clear understanding of the markets. This understanding means staying up to date on news and developments that could impact prices.
  • It is crucial to develop a sound trading strategy. This plan should include when to buy and sell and how to manage risk.
  • Discipline is key when day trading. Emotional decisions can lead to costly mistakes, so it is crucial to stick to your plan.
  • Always remember that day trading is a risky activity. It is possible to make a lot of money, but it is also possible to lose everything you put in. As such, always trade cautiously and never risk more than you can afford to lose.

By following these tips, beginners can start down the path to success in day trading.

All in all

Singapore intraday traders would be best suited to trading within the time frame of a day. Although there may be opportunities to trade outside of this timeframe, they are likely to be less consistent and profitable when compared to trading within a single day.For those looking for greater consistency and profitability in their trades, trading within a day provides the most favourable environment. To learn more about trading, you can visit Saxo Capital Markets.

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