Benoit Mandelbrot is famous for his contribution to the field of fractal geometry. While studying for his PhD at the University of Paris, he found that if a coastline is broken up into smaller pieces, the smaller pieces look exactly like the larger ones. In fact, the smallest piece of coastline looked exactly like the entire coastline. This concept is applied to everything in nature (trees vs smaller trees; a tree branch looks like a little tree, with smaller branches of its own.)
Small pieces look exactly like the whole. It is because of this theory that time-frame does not matter in any market to trade. However, the smaller the time-frame, the faster you must react, and the shorter your stops and targets should be, which is inherently much more challenging to deal with - both emotionally and mechanically.
Small pieces look exactly like the whole. It is because of this theory that time-frame does not matter in any market to trade. However, the smaller the time-frame, the faster you must react, and the shorter your stops and targets should be, which is inherently much more challenging to deal with - both emotionally and mechanically.
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