#DayTrader#
224 View
34 Discuss
A day trader is a type of trader who executes a relatively large volume of short and long trades to capitalize on intraday market price action.
Please login to share your trading experiences!
how to handle leverage in forex trading like a pro
When it comes to forex trading, leverage is a tool that can amplify your profits, but it can also magnify your risks. It’s a double-edged sword. Using leverage effectively can improve your capital efficiency, but misusing it can lead to unnecessary losses. The key is to find a balance and manage you
understanding pips and how they affect your trades
In forex trading, the concept of "pip" is something you'll hear often, especially when traders talk about price movements. A pip stands for the smallest change in the price of a currency pair. Most major pairs like EUR/USD or GBP/USD move in increments of 0.0001, while pairs like USD/JPY move in 0.0
why consistency is key in prop trading
When you trade with a prop firm, there’s often a rule that comes up a lot – the Consistency Rule. It's pretty simple but important for how things work with your trading. The idea is that your big wins shouldn’t make up the majority of your profits. A firm that follows this rule wants to see steady g
-THE END-
