| Day Trading Indicators and Indicator Trading? |
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Jackie101
Contributing Member
Cash: $ 9.25
Posts: 45
Joined: 17 Jul 2010
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| Day Trading Indicators and Indicator Trading? |
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Day trading is defined as the purchase and sale of a financial instrument within a single trading day. This is achievable in all the financial markets but is especially prevalent in the Forex market as this market of the MOST liquid of all financial markets. Normally day traders are a class of trader by themselves. They are well informed and are well capitalized. They use a high level of leverage to maximize their profit levels. They play a very important part in the Forex market as they essentially provide the Forex market with liquidity. In addition, they facilitate the smooth running of the Forex market with arbitrage. This article will take a look at day trading and the traders behind it.
As mentioned earlier, day traders are a class of their own as they are well educated and they do this kind of trade for a living. Unlike many retail traders, day traders are truly professional. And this class of traders has an in-depth knowledge of the Forex market.
Recommended Sites for Forex:
http://www.ufxbank.com
http://dailyforexreview.com/
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Sun Aug 15, 2010 1:22 pm |
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Hosannakk
Contributing Member
Cash: $ 3.40
Posts: 27
Joined: 20 Aug 2010
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Easy and quick installation and use - setting up an indicator should be hassle-free. Who wants to sit around and configure an indicator (or guess if it's configured correctly) while the market could be having the best day it's had all week? Also, check if the indicator is automated. The less you have to do, the better. As a trader, I know how difficult it can be just deciding to pull the trigger on a trade...
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Wed Sep 01, 2010 4:44 pm |
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moonraker1
Full Member
Cash: $ 16.00
Posts: 79
Joined: 21 Aug 2010
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I have tried day trading during the tech bubble in 1998-2010 era and it was too wild. Either you will make a lot of money or or you will go completely lost it. I would stay away from it unless you have extra money which you dont care.
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Wed Sep 01, 2010 6:47 pm |
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JGW
New Member
Cash: $ 1.20
Posts: 6
Joined: 14 Sep 2010
Location: United States
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I hear that. Day trading and the rise of online stock trading sites have been brutal on the average investor. It takes a lot of research and know how of what stocks to buy, when to buy and most important when to sell. A lot of people get greedy and forget to sell when the stock is up. Setting a goal and sticking with it is the most important thing an investor can do. I often hear stories from some of my friends that lost money because they got in too late and didn't sell until the stock started to drop.
JG Wentworth
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Tue Sep 14, 2010 9:37 pm |
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