Trading 5 minutes Time Frame (futures trading)

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Tori Trades
Feeling bummed about those losses on higher time frames? I know a lot of people like to trade smal...
Video Transcript:
I'm Tory trades and if you guys have been following along my journey you know that I've made the transition from day trader to swing Trader what a journey that was guess what we're going back we're going back to being a day trader now not fully I'm experimenting I'm eing my way into it but I want to get back to the five minute time frame that's where I've actually spent most of my trading career if you guys don't know I've been trading for nine years now I'm going to say like six or seven of those years
was the F minute time frame I moved from the 5 minute to the 1 hour and the 1 hour to the 4H hour time frame trading Apex I need to be day trading we have to close our trades now you don't have to you can still be that 4-Hour Trader close your trade before 4:59 p.m. Eastern and then reopen but I'm going to say I'm excited about the 5 minute time frame and this is something that I want to commit to so I'm I'm going all in I don't want to you know have positions open
on the 4our time frame close them then reopen I want to place my trades in that 5 minute time frame a lot of my students trade the 5 minute time frame and my community does so let's just let's get all into it let's go right on in all back in BO now why would I even want to consider going back to the 5 minute time frame the first thing is oh my gosh when you can close that trade and be done with it not have to think about it anymore that's enticing is it not that
sounds great to free up that mental space that you have been drained with the 4our time frame where you go to sleep and guess what you wake up you're still in a trade you go to sleep the next day you wake up you're still in a trade imagine how exhausting that is 5 minute time frame you close that trade you are done close the computer you're done don't even think about it anymore so that is one thing that I do miss about the 5-minute time frame is being able to close that trade and truly separate
it's not in the back of your mind it's not in the back of your head thinking am I making money am I losing money right now for days on end no you're in that five minute time frame you trade during your session and then you're done spitting facts over here another reason why I'm excited to go back to the 5- minute time frame is that instant gratification you get that profit and loss right then and there there's a lot more volatility what price does within the 5 minute time frame versus the 4-Hour time frame is
just so different they're completely different Traders they're seeing completely different things that 4H hour time frame you're looking at one candle just move up and down in 4 Hour versus the 5 minute time frame they get to see so much you get to kind of and actually look we've got the charts open right here this 4H hour time frame we're looking at one candle one candle has four hours worth of price movement let's go ahead and move to the five minute time frame look how different this looks there's just so much more going on we
can capitalize on all of this in between so how cool the 4-Hour Trader they never got to see any of this they had no idea this was going on they saw one candle moving up and down a little bit the 5-minute Trader gets to capitalize on all of these movements okay there's also drawbacks to the 5 minute time frame and that is essentially you're making a lot more decisions in a shorter amount of time so there's a little bit more anxiety involved and that could lead to emotional trading also be aware of the volatility involved
in the 5- minute time frame things could look like they're making rapid movements or aggressive moves in the 5- minute time frame when really we're just getting maybe it's a news day you're getting a sporadic move here whereas okay maybe we're on the higher time frames nothing nothing actually crazy is happening now it also requires a little bit more skill now it seems like that's the the place where you start you start in the 5 minute time frame and I do recommend people starting in the five minute time frame because it is a little bit
tricky if you start in that 4H hour time frame things are comfortable you're not making very many decisions you're holding your trades for a few days it feels very relaxed and low paced but that five minute time frame requires your attention at all times so it does require more skill so that's just something I I recommend people start in the five minute time frame get used to that higher volatility making quick decisions in a short amount of time and seeing much more noise which you know in the higher time frames you're not seeing all that
so it does require more skill but I I recommend mastering that first before moving up time frames so now let's play some trades I haven't placed a five minute trade dude in like I think over a year uh maybe it's been like six months but let's do it here we go right now I'm looking at the inq I don't want to play a trade on the inq in the 5 minute that looks ugly uhuh let's go to crude oil maybe no let's go to Gold okay we can trade gold it's looking a little volatile we
got some movement here let me just take a peek at platinum and silver and copper all right dude we're doing it I'm in a live account right now let's see if I can find a setup okay we we need to do some chart analysis first let's start on our higher time frames and then work our way down monthly time frame I can't see my computer screen I'm going to have to scoot it just a little bit free you guys that are watching I am going to scoot my computer screen so that it doesn't look abrupt
I just need to be able to see it better okay all right so we're in the monthly time frame it's looking good let's delete some of our lines if you guys know I'm a trend line Trader I'm making decisions based on lines on on a chart lines on a screen this is Arts okay so we're on the monthly let's go down to the weekly weekly is looking good let's go down to the daily daily is looking good let's come in with some steeper lines here I love that you guys get to just see this beautifully
simple strategy which is not easy but very simple simple to apply all right 4 hour time frame let's come in some more so in the 4our in the daily in the weekly copper is up now let's go to a 1 hour ooh we're getting we're getting down and dirty here going to the 1 hour okay I would have gotten signals to go shorten the 1 hour but we're not doing the 1 hour today we're going to the 5 minute time frame so we're in the 1 hour let's come down even closer all right we won't
go straight to the 5 minute let's look at the 30 then the 15 then we'll go to the five 30 minute time frame I need to come in with some downward trend lines boom boom let's change the color to Red love it we need to come in even steeper okay I'm going to come in with my steepest line here on the 30 minute time frame I'm going to adjust this to this last pullback and let's look in the five see if we can find an opportunity to go short which I that's the only move I
see here so 5 minute time frame let's take a short position we're in a live account we're doing it you guys all around me you seeing this we're doing it we're maybe maybe we'll come in light though we'll come in light in position size we're going to create a new order let's do one I haven't traded one contract in so long we're taking a sell position Market order we're in we're in a short position real live money right now let's pull up the profit and loss wow I haven't done this in so long this is
exciting am I making money or am I losing money let me pull up the profit and loss so we can see dollar amounts here I am losing 85 cents wow this this is a little more antil climatic than I thought it would be maybe I need to go in heavier I'd be losing $85 that'd be a little bit oh okay we're up 12 bucks 12 buckaroos 12 doll hairs this is fun okay let me at least walk you through the strategy as we're waiting for some of these 5 minute candles to populate which I don't
know if we're going to wait that long but maybe we will we'll see let's see okay first of all what am I expecting in this trade why am I even in a short position I am in a short position right now because price has crossed this upward green line it has shown me that we may not be trending upward anymore we may be trending down now how long am I going to stay in this trade how long am I willing to to give this trade where am I willing to take a loss it's going to
be on the other side of this downward line so if price can show me that it showed me that it's no longer trending up so I like that we're taking short positions if it can show me that it's no longer trending down either then I'm thinking of closing this short position so let's see where a stop loss would go let's come in a little bit closer the stop loss is always going to go on the other side of the opposing trend line that got crossed so the line that got crossed is the upward Green Line
love that for me we're in short positions it's going to go on the other side of the opposing trend line so we took short positions because it crossed an upward line we want the stop loss to go on the other side of the downward line do you see how smart I sound like I'm so confident in this because this is just what I do talking to you guys all right so short positions here let's take our stop loss we're going to have to put our position size on the screen so that we can see how
much we're making if we need to put in a stop loss or a take profit here we go we're going to go to our settings we're going to go to trading here and turn the positions on and let's see dollar amounts money okay there we go I'm down 12 bucks right now it's pulled back now here we can add a stop loss we're going to take that stop- loss and drag it to the other side of the safety line so I'm willing to lose $137 in this trade now it also went ahead and moved my
takeprofit as well I don't trade with a takeprofit you guys know that I am essentially trying to stay in the trend for as long as possible so if this trend does continue down I don't know how long it's going to Trend down for I don't know where that takeprofit should be I'm essentially going to let the price tell me when to take my profit now when trading an apex account we want to take profit as much as we possibly can and as soon as we possibly can so I want this stop to Trail along my
profit so as soon as profit starts turning around I want to take that so let's see if we can get as much of this profit as as we can in this 5minute time frame now this trade may take longer so you guys may not be able to see this whole trade play out since we're going to have to sit here for at least 15 minutes just to see three candles and I don't know if we want to do that but this was essentially me getting into a trade so this is the first time I've placed
a trade in the 5 minute time frame that's exciting it's fun I'm getting used to it I'll be going full force in the 5 minute time frame we're down 50 bucks already here we go are we coming up are we do I need to go ahead and take this this loss here but this is essentially kind of walking you guys through my strategy in the lower time frames when you're in lower time frames like the 5 time frame you're going to be making a lot more decisions as well so this trade may not work out
within 5 to 10 minutes I may need to reverse my position and think long positions very soon here so there's just a lot more decisions to be made in those lower time frames you just get so much more noise so much more volatility so I'm trying to find out which one of these Trends is actually going to follow along I want to catch something like this this was a beautiful move down and right now we very well could be in consolidation it is 800m at night and I'm trading copper so we might not get price
to go anywhere but essentially I am trying to find which Trend it's which trend is true which trend is actually going to follow along right now we're down 37 bucks so this is fun maybe I'll try the one minute next cuz this just isn't doing it for me thank you guys for hanging out I will keep you updated on this trade don't forget to like subscribe drop a comment what time frame do you trade uh do you trade the five minute do you trade the 4 Hour do you trade the one minute let me know
drop it in the comments and I'll will see you guys in the next video
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