Best strategy for day trading in forex


I learned this strategy about 17 years ago and a still use forxe to this day with only a few minor modifications. Very few people are available to trade forex full time. Often traders make their trades at work, lunch or night. The problem with this type of trading sstrategy that with such a fluid market, trading sporadically throughout a small portion foeex the day creates frequent missed opportunities to either buy or sell.

This could mean a complete loss of funds if a position is not existed before the market moves against it or a loss of opportunity to buy at a desirable price. These missed opportunities can spell disaster for the part-timer trader.TUTORIAL: Top 10 Forex Trading RulesHowever, there are strategies that can work based on dau part time schedule. Picking Assets to TradeDay traders seek to make money by exploiting minute price movements in individual assets (usually stocks) or in indexes, usually leveraging large amounts of capital to do so.

I have done it in the past and usually do quite well. If you have attended any of my webinars, then you know that I like to follow 4-5 different markets every day.




Best strategy for day trading in forex

Best strategy for day trading in forex