Day trading.

In most textbooks, trading on the stock exchange is divided into several main periods - short-term, medium-term and long-term; day trading or trading within one day is a separate category.

Day trading implies that the open transaction will be completed on the same date, the reason for this approach is some technical and strategic issues that we will talk about later.

Intraday trading is rightfully one of the most popular and profitable trading options, the reasons for this phenomenon are as follows.

a swap commission is also added .

And although its size is not so large, when trading significant volumes, these fractions of percent grow into fairly decent amounts. • Absence of risks of uncontrolled changes - if a transaction lasts only a few hours, the trader most often controls the situation on the market, this allows him to react quite quickly to unexpected changes and avoid losses. This is especially true for such a phenomenon as a gap ; its risk increases if the transaction is left for the weekend.

• Maximum profitability - day trading allows you to use much greater leverage than with long-term transactions, this significantly increases trading volumes, and, accordingly, profits.

For example, traders who use scalping sometimes earn more than 1000% profit in just one day. • The ability to use almost any of the existing Forex tactics and strategies .

• Relative ease of trading - do you think it is easier to earn 10 points or 100 from one order, of course, 10. A long-term transaction requires good security, and is more suitable for solid deposits with four zeros. And not every trader has the patience

pullback in Forex Day trading is quite democratic, you don't necessarily have to trade only scalping, some traders maintain intraday trades for more than 12 hours.

At the same time, one of the basic rules should not be forgotten: the transaction must be closed at least an hour before the next day, besides, quite often Forex brokers count the day not according to Moscow time.