What is Day Forex Trading

Today begins a new series of lessons that explain the different actors. Most players fall into three categories: daily, Swing and Trend Trading. Forex trading is the most popular, according to data on the number of the categories listed above. Then we began to examine the advantages and disadvantages of these negotiations. Today, the trader is usually a purchase and sale of monetary instruments of a day's work. The main benefits that companies considered by many as the trading day, instead of the transaction is completed by the end of the day, when you do not know the exposure during the night. He is the biggest market of securities and futures, it is difficult or impossible if the hours have expired.

How many of you know the difference after the first and early the next day can be high if a major event, not now. Make the traders to occupy positions of days at risk during the night, when they have to take more losses in what they really wanted. Another good starting point, I believe that most day traders are skilled professionals are invited to come and get quick access to trade with merchants who want success rates and cut their losses quickly. I can deal with more opportunities for players in the long term. significant disadvantage, I think many traders instead of trading currency on support for the cost of the transaction.

Date of mission operators to generate more revenue to pay higher insurance premiums and the proliferation of many times. Transaction costs are higher and more revenue, which is a lot of transaction costs, all other factors remain unchanged. Another weakness of the market day, so I think that most retailers do not need a large cash position. technical negotiations is that the first phase, attention and respect, so day traders usually spend much time watching the computer screen, without any attention, and maps to better evaluate new technologies, players, high-capacity long term.

Remember, I wonder how it does business trading days most famous king? Think he enjoys it very interesting for many companies. But fortunately, I think the reason is that Day Trading with people who tend to bet big to be a problem for the couples market. As before, we have a number of group psychology, there is no reason why trade is an important reason for not day trader. Every day. In the next post we will consider is the second most popular style of trading, trading swing is why we hope the lesson.