Benefits of intraday trading.

Most of the traders who come to Forex prefer intraday trading; it is this type of trading that allows you to earn big profits in a short time.

In addition, there are a number of additional advantages that make trading within one day more attractive for any trader. If we list the main ones, they are: the ability to trade with scalping and accelerate the deposit , the absence of additional commissions, greater predictability of the trend, full control over the transactions made.

Let's move on to a more detailed consideration of the benefits of intraday trading.

Short-term transactions are a unique chance to use the maximum amount of leverage to obtain excess profits. Thanks to leverage and the scalping strategy, you can literally increase your deposit several times in a day. Which is quite difficult with long-term trading. Often similar strategies are used to accelerate the deposit, when everything is at stake, but as a result the trader receives a significant increase in working capital.

The absence of a swap - a fee for transferring positions or a Forex swap , does not have a big impact on the financial result, but still, why pay an extra commission when you can do without it.

Forecasts - It is much easier to make a short-term forecast taking into account daily price movements than to predict trend behavior during the week.

And making the forecast itself takes less time and effort. Control - it is clear that when you are sleeping, only a pre-set stop loss can save your trade, but situations often arise when it is already known in advance that the open position becomes unprofitable and there is no need to wait for the stop loss to be triggered.

Availability of strategies - intraday trading allows you to trade almost any Forex strategy and use the maximum number of tactical solutions.

Moreover, some of the trading strategies are not always available for long-term trading. High profitability - if you take the same deposit size and compare the daily profit obtained when using intraday trading and medium-long-term trading, then the first option usually exceeds the last two by several times. That is, if you do not have a huge capital, then trading within one day is exactly your choice, and the less funds in the account, the shorter the time frame and the greater the leverage.