Forex Trading & Day Trading


Thursday, February 10, 2011

fx Trading for dummies styles options to help you pick a time frame to trade

An important step in your forex trading career in deciding which trading strategy you intend to trade, things that need to be considered are your ability to manage open positions around your work and personal life. It is not worth testing a system that is designed as a day trading system if you cannot go ahead and take trades it generates each day. So as a trader you are going to fit into one of the categories below.Trading styles are usually categorized into 3 types: 1. Long-term 2. Short-term or swing 3. day-trading1. Long Term TradingLong term traders will normally trade daily charts looking for the larger moves in the market. Trades can l

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