Why You Should Be A Day Trader

Aug 21, 2022 at 07:20
411 Angesehen
8 Replies
forex_trader_2983986
Mitglied seit Aug 04, 2022   31 Posts
Aug 21, 2022 at 07:20
As a day trader, You can set a target for today, and another tomorrow while the profits keep compounding with Good money management and risk system.
As a day trader, you can earn and compound as many times the profits and targets of monthly trader.
As a day trader, you can make much profits in short period of time frame and decide if to continue or just rest for the day.
With that being said, To be a Day Trader, You must have no other Job But Trading As a Full Time JoB.
Mitglied seit Feb 15, 2022   219 Posts
Aug 21, 2022 at 13:48
Carrying out average profit from the market isn’t very hard but you have to trade moderately and analyze the market properly.
forex_trader_2983986
Mitglied seit Aug 04, 2022   31 Posts
Aug 21, 2022 at 14:36
Marcolis posted:
Carrying out average profit from the market isn’t very hard but you have to trade moderately and analyze the market properly.
You got a point.
Mitglied seit Aug 05, 2021   401 Posts
Oct 21, 2022 at 16:42
I like being a day trader, I think it really comes down to preference but it's my favorite!
Mitglied seit Feb 16, 2022   119 Posts
Nov 06, 2022 at 17:35
Try to use narrow lot size in your trading because leverage plays a vital role in both increasing and deceasing your risk.
Mitglied seit Feb 15, 2022   219 Posts
Nov 08, 2022 at 05:41
There are several ways of reducing trading risk and traders have different choices over those ways. But, Day trading is interesting!
Mitglied seit Aug 19, 2021   227 Posts
Nov 14, 2022 at 14:27
Oh intraday trading is one of the most commonly used. Including me. lol. And if I fall under the news wave, then the profit can be increased almost 2 times immediately. It doesn't happen often. But when this happens, I can say that the day was a success. 😄😄
Mitglied seit Apr 03, 2021   470 Posts
Nov 14, 2022 at 22:09
There are four trading styles in the forex trading business, scalping, intraday trading, swing trader, and position trader. Each trader has their own option to choose the suits trading style, some traders may prefer works scalping, and another trader maybe prefers work as an intraday trader, each trading style has advantages and disadvantages but all goal is to make a profit.
Mitglied seit Oct 28, 2022   50 Posts
Nov 15, 2022 at 05:50
Day traders take a position in a stock at one point during the trading day and then close it out before the market closes. The day trader may have a brief capital gain if the stock's price increases while they own it.
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