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Day trading is a profession and a job. Even though you may choose to pursue day trading online and work at home in your slippers, it is still a job. It takes technical know how, experience, and the ability to recognize market movements and patterns. In short, you should consider day trading a business start up.
Day trading is suited for forex traders that have enough time throughout the day to analyze, execute and monitor a trade. If you think scalping is too fast but swing trading is a bit slow for your taste, then day trading might be for you. You might be a forex day trader if: You like beginning and ending a trade within one day. Get a walkthrough of the FOREX.com web trading platform powered by TradingView. I Tried Forex Day Trading for a Week (Complete Beginner) - Duration: 15:54. Biaheza 552,356 views. Many people like trading foreign currencies on the foreign exchange (forex) market because it requires the least amount of capital to start day trading.Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
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