Day Trading
What is Day Trading?
Day trading is one way of trading foreign currencies. It is usually open and close trades daily on the same day - you can do several deals a day or several hundreds of transactions a day. It's your call.
It is possible to deal daily trading to continue for more than one day. When this happens, the deal automatically renewed at 22:00 GMT each night until the deal is closed. And daily trading is gaining more popularity now that uses a larger number of Alepeshralinturnt. It is a tool from the Tools Forex (or a product of Forex) offers you ™
Make sure to read the Trading with leverage, after reading this article.
Daily trading of currencies on ™
The daily trading with ™ contains four main steps:
1. To decide that the deal Forex
2. Decide you want to make and build this deal on your Alambeshrabbar Internet.
3. To monitor the transaction on your account.
4. To close the deal
Here are example of using the previous four steps in detail
First step: to decide that you deal Forex
You think that the U.S. dollar value would jump where you are you follow the market and believes that the rise will be in the near future. Was decided then that you will buy the U.S. dollar before the rise in price and then sell after the rise. In this way, will profit if the U.S. dollar has risen already.
Step Two: You have to decide the deal that you want to do
You choose the currency pair for trading may decide to trade in the Euro / USD, which means you sell or buy the U.S. dollar against the euro. Once the U.S. dollar to rise to the extent that you are expecting to close the deal. And thus get a larger amount of euros the amount that I bought U.S. dollars.
Here is an example of the difference related to the question:
Assuming that the price of your treatment of EUR / USD is 1.2600. This means that 1 Euro costs 1.2600 U.S. dollars. It also means that you will get 1.2600 U.S. dollars if you sell for one euro. If a strong euro (ie, increased its price), and arrived at 1.2700, you will pay 1.2700 USD to buy one euro (U.S. dollar is now less), so re-sell the euro at 1.2700 against the U.S. dollar once again will give you 1.2700 U.S. dollars with an interest rate of 0.0100 dollars U.S.. According to this example will assume you bought a 10000 euros, which means that you earned 100 U.S. dollars. 10000 euros and buy only requires the deposit of guarantee worth 100 U.S. dollars if you are using a leverage rate of 1:100. Thus, in this hypothetical situation will get a profit of 100 U.S. dollars if your investment amount of 100 U.S. dollars. At the same time if the euro has depreciated up to 1.2500, this means that you will lose the security deposit amounting to USD 100 USD.
In real life, the market makers get Vorac the differences between the price of supply and demand at any moment of time. However, the main idea is that the change rates of exchange worth more than those differences (typically from 3 to 7 points, the smallest rate of change) and allows the investor the possibility of achieving a profit.
After this you want to decide the amount traded. I do not have to buy the full amount where you can use the trading financial leveraging. More types of trading financial leveraging common are 1:100
And then decide after that how much you want to risk it. This is your investment
You can then determine the rate of stop-loss. This is the rate that your deal will close automatically when you access it if what happened and the deal goes contrary to what I expected. While your position remains open you can change this at any time. We ask in ™ to determine the rate of stop-loss order to ensure that you do not Tkhosrokther than you are willing to lose. Not venturing more than you are willing to lose.
™ offers a unique feature to freeze the price. Will prove to freeze the price for a short period if you need a few seconds to think in your situation. It gives you more time to accept or reject the deal at hand.
And when they had taken such decisions will then clicking on the Accept button and your deal is open.
Step Three: Monitor your account
Log in to your account directly on ™, and you can see how to get your account 24 hours a day, seven days a week. This gives you the opportunity to open and close your deals, or that you change your position when you want.
Step Four: Close the deal
You can choose to close the deal at the time so decided. If you have identified the rate of stop-loss and the deal reached this rate will be closed automatically. Some traders find that the rate of stop-loss is a good way to make sure that they will not lose more than the limit that they have selected. This can be done automatically close the deal, too, if you select the rate of retirement - a profit. And you're not required to determine the rate of retirement - but determining the profit rate means frees you from having to monitor your position all the time.
Limit orders
™ provides the command specified as an additional service. This is where you can determine the rate at which you want to open the package when you access it. And then if this happens the rate in the market, your position will be reserved for open automatically. This gives you control the market every minute to verify the emergence of the rate at which you want.
™ makes it easy to choose the rate that you want done and monitor your account and open and close your deals, regardless of you are anywhere in the world. All you need is Internet connection and an account with ™
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