Day trading is as it is saying, a short term looking for quick profit in trading while long term has a longevity to it. Personally, I think I am mixed in this, I do enjoy day trading but at the same time, I also tend to keep some derivatives in for long term
No doubt, if you are experienced enough, day trading helps you make profits almost all the days but it is useful for full time traders only because it requires all your time to watch the market and accordingly place the trade.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.