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Intraday trading

Discussion in 'Beginners Forum' started by LorrainMor, Jul 5, 2020.

  1. LorrainMor

    LorrainMor

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    Intraday trading focuses on daily price movements, which usually means that the trading opens and closes on the same day. Major trading sessions are usually where most of the price action takes place, so that time, you should focus on the market. Trading this way takes more time and effort, but you can make a profit in just a few hours, making it a very rewarding trade.
     
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  3. Ebba

    Ebba

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    Intraday trading focuses on really short term market moves. So to be a successful day trader, you'll have to top notch with your concentration on the markets and focusing power. You'll be able to earn only if you catch the right opportunity at the right time.
     
  4. Gravelwood

    Gravelwood

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    Intraday Forex trading is a job meant for almost constant presence of a trader in the terminal. It is no secret that, on average, the smaller the time intervals at which trading is conducted, the more risky they are considered. It is about the reliability of signals. That is why, together with high-volume trading on accounts with leverage, intraday trading on the most volatile financial market in the world - Forex - is considered risky. In such conditions, traders' mistakes are more expensive, but the right decisions are also rewarded multiple times.
     
  5. Adowyn

    Adowyn

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    Intraday trading on Forex is one of the most common trading methods. Both beginners and professionals can doing intraday trading. Beginners are attracted to intraday trading by the possibility of quick results. Due to the lack of experience and sufficient theoretical knowledge, a trader may be afraid that the next day's course development may be unfavorable for him. Therefore, he tries to get his profit due to the minimal intraday fluctuations of the currency rate. A Forex market player who chooses this trading method may have small capital. He must react quickly to any changes in the exchange rate and constantly keep his hand "on the pulse of his account".