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Day Trading Techniques/Strateges-Beginners Guide.

AliaDare
Nov 27 2021 at 08:44
posts 774
Support/Resistance level needs to be maintained. And with market technique, risk management plan also has to be maintained. You have to select the time frame on the investment. You have to trade by controlling your emotions.

croisssan
Nov 27 2021 at 17:06
posts 667
For a beginner, the most correct option is to work out the strategy on a demo account, and only then work on a demo account. I consider this option the most correct.

skihav
Nov 28 2021 at 08:48
posts 538
It is important for a beginner to choose a strategy with minimal risks. I think this is the best option.

aminrufai
Nov 28 2021 at 10:28
posts 1
The best way to start as a beginner is to use a cent account, account with low risk, with that you can learn to control your emotions

Tuxedo888
Nov 29 2021 at 19:50
posts 65

The best way to start as a beginner in my opinion, is pick the pair you wish to trade,and the timeframe you wish to trade it ---------And then watch,watch the big players painting the candles on the chart,and gain a feel of the market without adding any indicators, (boring i know)

Read and digest the daily economic calendar before you start the day and watch what the news events coming out during the day does to your pair, it will teach you to stay away from certain news releases which may whip saw your trade .( don't trade over the major news)









Molabar
Dec 02 2021 at 14:12
posts 17
You described all the techniques quite correctly. To my mind, the main in day trading is to understand that you shouldn't rush. Rushing is a good way to lose everything you have actually.
So, you have to wisely weigh all the risks and comply with money management practice. Always check higher and lower timeframes in case you are fond of trend trading, also remember about patterns and figures, which will help you to determine trend reversal.

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