Short Term Day Trading

1
Short Term Day Trading
2
Index

1. Short Term Day Trading
2. Day Trading Entry and Exit
3. Scalping Trading

3
(No Transcript)
4
Short Term Day Trading

• In short-term day trading the main focus on all
  the entrances into and exits from, the market
  needs to take place on the same day.
• In fact, often day trades can take just a few
  hours to enter an end, with the hope that each
  trade nets a small profit, and that those small
  profits add up.

5

• Day trading right now seems to be the trendy
  thing for the new traders, but one thing that
  Forex traders beginning should know is day
  trading is a pretty advanced Forex trading
  strategy, and should not be jumped into by
  newbies.

6
Day Trading Entry and Exit

• Day trading requires a quick entry and exit and
  the ability to use technical analysis and apply
  it directly to trades efficiently.
• The strategy used by day traders isn't to find
  one long-term trade that does well but to find
  several smaller trades that make a few pips here
  and a few pips there.
• This strategy is to have enough wins over losses
  that they add up to a solid profit for the
  trader.

7

• If you have ten small gains and three small
  losses from day trading, then the hope is that
  those combined gains will give you a much solid
  profit on the day.
• That's how day trading works, making it a far
  more aggressive form of Forex trading than Forex
  swing trading or long-term trading.

8
Scalping Trading

• Scalping is an example of day trading in the
  Forex markets.
• Traders who employ scalping trading methods are
  traders who buy into a position intending to see
  quick movement and profit off a short
  transaction, often within a minute or a couple of
  minutes of making their entry into the market.

9

• True scalping involves when a trader opens and
  closes a position in literally minutes or
  sometimes even less than a minute.

10

• This quick in and out is hoping that after a
  quick movement and show of profit, and immediate
  exit will in theory help minimize risk while
  collecting smaller profits bit by bit.
• This is an advanced type of trading, that
  shouldn't be tried by pure beginners into the
  Forex market, though if you get a good system and
  some experience, this could become an option down
  the line.

11

• If you are just getting started, learn about
  long-term trades first, which tend to be at least
  the little more stable.

12
Thank You