Timeframes are critical in defining a trader’s strategy. Different types of traders use different timeframes based on their goals and risk appetite. Scalpers use 1-minute or 5-minute charts to capture very short price moves. Intraday traders often rely on 15-minute or 30-minute charts to plan entries and exits. Swing traders usually prefer the 1-hour or daily charts, while position traders look at daily, weekly, or monthly charts. The timeframe determines not only the speed and frequency of trades but also stop-loss size and capital allocation. For instance, lower timeframes generate more signals but also more noise and false breakouts. Higher timeframes offer more reliable setups but fewer opportunities. A multi-timeframe approach is often beneficial—e.g., spotting the trend on daily charts and entering trades on 1-hour or 15-minute charts. It's essential to backtest strategies across various timeframes and find one that matches your personality, time commitment, and capital size.