Category: Day Trading

Brokerage firms don’t like scalpers!

Most Brokerage firms don’t like scalpers, What they want is a trader who trades long term or is a position trader so that they are able to clear the transactions in the interbank market without risk. Look for ECN Forex Trading

Daytrading

Ultimately, the most important contributors to trading success are twofold:

1) The development of concrete trading skills: pattern recognition, ability to execute sound trade ideas to create a positive expectancy, sound risk management;

2) The cultivation of the mental toughness, continuous learning, and discipline that enable you to adapt to new, challenging market conditions.

Tips for online currency trading

There are plenty of resources for online Forex trading. Many guiding manuals are offered free online, information websites, technical and fundamental analysis of the market, charts and news-updates registered with the system and even hands on training online. The forex reviews and market trends based on stock research should also be made accessible.