Forex Trading Strategy: Day Trading
The phenomenon of entry and exit from the market several times a day is called Day Trading and can be a very profitable strategy.
It is a strategy that Forex trading requires extreme concentration, but can be done at any time.
The traders intraday attempts to obtain a series of small gains by exploiting the daily volatility.
Enter and exit the market as quickly as possible, usually within minutes and sometimes hours.
Day Trading Forex involves little risk because it commits minor positions maintained for short periods of time.
The downside is that profits are relatively modest.
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