TOP 3 trading strategies for intraday trading
TOP 3 trading strategies for intraday trading Forex The process of trading financial assets for the purpose of making a profit within a single day is called intraday trading. In this article, we will look at three of the most popular day trading strategies in the Forex market. What makes intraday traders different from other OTC speculators? Day traders try to take advantage of small fluctuations in the prices of certain currencies to make a profit. Unlike long-term investors, day traders do not allow transactions to remain open for more than 24 hours. Thus, intraday trading is a Forex trading style that is limited to a specific trading day and does not go beyond it. Day traders close their positions on the same day that they opened them. They can also make multiple transactions for the same asset during the day, or for several different assets. That is, they close all trades until the end of the trading day and do not hold open positions overnight. The volatility of the selected...