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Why you will fail trading lower timeframes:
Example:
1H strategy:
Risking 1% trading the H1 chart, with around a 20p SL will have way less commissions, less slippage, lower lot size, very little noise and better trading conditions.
1M strategy:
Risking 1% trading the M1 chart, with around a 3-4p SL, will have WAY MORE commissions, MASSIVE slippage risk, huge lot size, a lot of noise and bad trading conditions.
90% of traders fail and 90% of traders also use the lower timeframes.
The only difference is TIME. You are IMPATIENT to let your trade idea play out.
“Swing trading is not my thing”.
BS.
You are just impatient, that is why you will never make it.
The only person you are making rich by trading lower timeframes is your broker.