Forex trading options.

Everyone who comes to the Forex exchange sets their own goals and objectives, but not all traders have equal opportunities and abilities.

Therefore, it is advisable to immediately decide on your option for trading on Forex, and you need to realistically assess your abilities so that your attempt at stock trading does not turn into another disappointment.

There are several options for trading, namely options, not strategies; there are many more of them, but they all belong to one group or another.

Scalping is the riskiest and at the same time the most profitable trading, its main components are:

• Large leverage on average up to 1:500.
• The transaction lasts from a few seconds to a couple of minutes.
• The number of daily transactions sometimes exceeds a hundred.
• Profitability up to 1000% per day.
• Huge risk.

If you are a risk-taker and are excellent at managing your emotions, and of course you don’t trade with your last money, then this option is for you.

Intraday trading is trading within one day; in fact, scalping can also be included here, but it is usually placed in a separate category. Intraday trading is the golden mean for those who do not have large capital and do not want to expose their account to excessive risk.

• Moderate leverage up to 1:100.
• Duration of operations from 30 minutes to 24 hours.
• The number of open orders rarely exceeds 10.
• Profit ranges from 1 to 50 percent per day.
• Medium level of risk.

To carry out intraday trading you already need to have a certain average capital; the risk is already noticeably lower, especially if you do not use large leverage.

Long-term trading is the calmest option; a deal can last from several days to several months.

• Requires a sizeable deposit, preferably over $10,000.
• Leverage of more than 1:10.
• Low profitability up to 20% per month.
• Minimal risk, there are practically no deposit losses.

It’s only a matter of capital, since leverage is practically not used, and you will have to earn money only from your own funds and significant movements in the exchange rate.

I would like to highlight automatic trading in a separate line, it also uses one of the listed trading options, advisors can be scalpers or open one deal per week, so be careful when choosing programs for automatic trading.