Why You Should Be A Day Trader

Aug 21, 2022 at 07:20
Vues 477
9 Replies
forex_trader_2983986
Membre depuis Aug 04, 2022   posts 31
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.
Membre depuis Feb 15, 2022   posts 219
Aug 21, 2022 at 13:47
E-books will give you theoretical idea over different aspects of Forex, on the other hand video tutorials will visually develop ideas in you.
Membre depuis Apr 09, 2019   posts 538
Aug 22, 2022 at 12:52
Not true at all about it being something that you have to do full time. I trade intraday and don't spend all day on the charts, that's not why I trade. Understand the key times of day to trade with the most volume, know what you are looking for in terms of entries, set up limits and enjoy your day.
If you can't spot the liquidity then you are the liquidity.
Membre depuis Apr 03, 2021   posts 470
Aug 25, 2022 at 05:09
Day trading can make daily plan trading, they will open and close orders only one-day trading and never hold a position overnight if they choose a swap account, day trading is not charged by swap fee because already closed order before overnight time.
Membre depuis Feb 15, 2022   posts 183
Aug 27, 2022 at 04:00
Traders are afraid of their losses and don’t know the ways of recovery. Traders can maintain a mentor for the guidance of their trading.
forex_trader_2983986
Membre depuis Aug 04, 2022   posts 31
Aug 28, 2022 at 06:34
FXOday posted:
Day trading can make daily plan trading, they will open and close orders only one-day trading and never hold a position overnight if they choose a swap account, day trading is not charged by swap fee because already closed order before overnight time.
You got the point. I love day trading as i don't like keeping positions overnight, that being said, a lot of my client brokers charges swap and i dont't like given out profits made back to the market. I like when i sleep, I sleep well knowing that I have no open positions.
I close so early on fridays as market on fridays can be unpredictable. I usually close all trades before or within US opens by fridays
forex_trader_2983986
Membre depuis Aug 04, 2022   posts 31
Aug 28, 2022 at 06:34
henrytrade posted:
In my opinion, day trading is for experienced traders as it need in depth market analysis along with proper risk and money management skills.
Get into day trading, best thing ever.
Membre depuis Jul 23, 2020   posts 869
Aug 28, 2022 at 11:10

Cautiousness should be established about trading to derive good amount of profit. Forex isn't an easy way of money making!
Membre depuis Aug 17, 2022   posts 45
Aug 30, 2022 at 11:32
Personally, I prefer day trading because it gives me accessibility, the potential for a quick return, and keeps me informed about the market. However, some people prefer not to trade all day, while some enjoy making decisions all day and find it exciting.
forex_trader_2983986
Membre depuis Aug 04, 2022   posts 31
Aug 30, 2022 at 11:50
Fx_keeth posted:
Personally, I prefer day trading because it gives me accessibility, the potential for a quick return, and keeps me informed about the market. However, some people prefer not to trade all day, while some enjoy making decisions all day and find it exciting.
Good. I have closed for today after making like 6.5 percent accounding to clients account balances, Made on Gold and benefits of day trading.
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