The Forex Daytrading Method

[sayem001]

Along with scalping, daytrading is one my personal least favorites. There are people that do like to be tied to a screen all day and make money while trying to make intraday trades. Day trading is typically technical trading that is based on technical indicators and occasionally some news. It requires some reasonable amount of skill, that usually has to be learned with experience. If you are just beginning to trade forex, day trading probably isn't for you unless you start very small with your lot sizes.

[Claire Stenwick]

I think the problem is that it requires good skills in analyzing because if we get it wrong than it can be seriously bad while when it comes to scalping we can still get away with lesser knowledge but not with day trading as it needs knowledge and skills to top level and we have to be experience as well.

I am using scalping where I get help from OctaFX broker due to their affordable spread of just 0.2 pips with highly likeable trading platform where all our trading orders are executed at first priority within milliseconds so that really helps in a risky method like scalping while even in general able to open trade exactly at the point we like is great benefits.

[Remo Dsuza]

To become a good as well as successful Forex trader there are some tips which traders should follow must. The important parts of Forex business – learning first, developing trading skill, finding the secured broker etc. I have the best brokers support called Forex4you. This amazing broker help me in making good money by giving me free training course to learn, expert guideline, comfortable and error free trading platforms, good trading environment etc.

[Randy Martin]

There are so many brokers in the forex market. Some are good and some are fake. Every trader wants to choose the best broker from the market. But it is not an easy job. The brokers who give low spreads, high leverage, 24 hours customer service, easy withdraw process, versatile trading techniques are generally known as good brokers. I am currently trading with TP Global FX. I choose them because they have all that qualities which made them good broker. Their trading techniques are so easy. This broker is always with me like a shadow.

[Layla Browning]

If you don't know about trading, you are more likely to lose money by scalping. For those who are emotionally weak, it is better not to do scalping. A lot of good analysis can be done in day trading. Many institutional traders analyze day trading. If you want to trade in the daily time frame, you have to be patient. There are many types of strategies in trading. If you use these strategies in the daily time frame, the results will be much better.

[Bruno]

Planning is obviously a part of trading. Without a strong plan, you can’t survive in the forex market. A strong plan is very important for a trader. If you make a strong plan before trade you can easily earn a lot of profits. I trade with Forex4you. I always trade with them full of my strong plan. They are a very reliable broker. They are one of the best brokers I have ever worked. They provide minimum spread and maximum leverage. They help a lot to the traders to make a strong plan.

[Rose Fraise]

During this learning period, you should start Forex trading initially with a low capital. You should trade with a secure trading broker. Eurotrader offers high leverage and narrow trading spread in majority of their pairs.