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Day traders often receive decent payback in trading, which is also the most attractive aspect for them. However, if that is the case, why do we hear so little millionaire day traders nowadays, except for those cliched names like Soros?

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Whether it's day trading or swing trading or even scalping, has advantages and disadvantages, when discussing intraday trading, of course op is made in the medium term, for example in 1-3 days will close all open positions.

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On 1/4/2020 at 9:55 PM, Abdul salam said:

Day traders often receive decent payback in trading, which is also the most attractive aspect for them. However, if that is the case, why do we hear so little millionaire day traders nowadays, except for those cliched names like Soros?

Day trading is the best way to make money in forex because in day trading we can make good money than the night trading because in day trading market is open and it will move fastly and like this we can make the good money without losing the market trend.


 

 

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On 1/4/2020 at 9:55 PM, Abdul salam said:

Day traders often receive decent payback in trading, which is also the most attractive aspect for them. However, if that is the case, why do we hear so little millionaire day traders nowadays, except for those cliched names like Soros?

Day trading looks very attractive from outside but when you enter in it you find all his pros and con .I agree on trading is good but its a daily base effort you have to make hard run fir profit on daily base.Needed updates and executional  plan for it.So because of these factors we don't see many big names for day trading.

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46 minutes ago, actionjaction said:

Informal investors regularly get good recompense in exchanging. The day for exchanging day protections, particularly for purchasing and selling monetary instruments on a solitary exchanging day, with the goal that all positions are shut before the exchanging day closes. So the estimators are the brokers who put resources into this capacity to make a benefit.

right friends, generally intraday traders only open positions for at least 1 day and a maximum of 3 days is the longest,because the frame is also used in the medium term, usually using tf d1 for analysis, and for marking while looking for momentum usually using tf 15 minutes to tf h4,so naturally the target is not too far away, at least 300 pips and a maximum of 1000 pips for a 5-digit decimal account

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1 hour ago, madisonbinnie909 said:
The method with 5 standard lots it's not reccomended even if it seems crazy to make 4000 USD. per day. It's very agressive and not good for the market, neither for you. The medium percentage is 5% per day. A broker gave me this advice

That's a big lot for my friend to use, are you aware of how many pips from 5 lots, yes you are right that it will make a big profit if the market is on your side, but the value per pips of 5 lots is $ 50, which means you only need  80 pips on a 5 decimal account, but how much capital do you spend to make such an option

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Day train is one of the best option for the profit.Because if you set day trading there will be lots ups and downs in proces of pairs.So punk day reading is better choice for the amazing profit. That's why I recommend you guys to go and test it

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Day trading is speculation in securities specifically buying and selling financial instruments with in the same trading day such that all positions are closed before the market closes for the trading day traders who trade in this capacity with the motive of profit are therefore speculators day trading is be highly risky most individual investors do not have the  wealth 

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Intraday traders should also be able to do top-down analysis even though the large time frame is just for marking prices, but the small time frame is used to find the momentum entry, how guys go through a day as an intraday trader, can share his experience here

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On 1/6/2020 at 3:30 PM, Hridoy ahmed said:

Hello, In my opinion, the idea of trading securities in the day, especially in the case of buying and selling financial instruments on a single trading day, so that all positions are closed before the trading day ends.  So the estimators are the traders who are for profit,Whether it's day trading or swing trading or even scalping, ,  so that all positions are closed before the trading day,

Day trading is the best for us because in day trading market movement is so much fast and in day trading we can make good money in it and also we can analyse the market easily but at night market is too much slow and we can analyse the market not correctly this is true.


 

 

Join The Crypto Airdrops on my website and get free coins and also get profit through trading on Forex and Crypto Signals

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2 hours ago, khan22 said:

Day trading is the best for us because in day trading market movement is so much fast and in day trading we can make good money in it and also we can analyse the market easily but at night market is too much slow and we can analyse the market not correctly this is true.

Intraday trading is still on a medium scale, there are still lower, it is no secret that in the world of trading there are 3 typpe traders according to the criteria of the frame used, the first is a scalper, the second is intraday and the third is swing trading, and in my opinion all  type is good, as long as the trader correctly masters the typical

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On 1/6/2020 at 8:24 PM, Syedbesharat said:

Day trading looks very attractive from outside but when you enter in it you find all his pros and con .I agree on trading is good but its a daily base effort you have to make hard run fir profit on daily base.Needed updates and executional  plan for it.So because of these factors we don't see many big names for day trading.

Day trading is the best for us because at the day time we can make good money in it and also we can make scalping at the day time because in day trading market movement is so much fast and good so we can make good money through it and also we can easily our trade close at the day time when we are in profit.


 

 

Join The Crypto Airdrops on my website and get free coins and also get profit through trading on Forex and Crypto Signals

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On 1/4/2020 at 5:55 PM, Abdul salam said:

Day traders often receive decent payback in trading, which is also the most attractive aspect for them. However, if that is the case, why do we hear so little millionaire day traders nowadays, except for those cliched names like Soros?

Day trading is more less risk free and ofcourse with better profit returns. 

However only greedy day traders expect millions as a profit from a trade per day.

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@sexymily9u my friends,if you want to find a book reference that provides education about intraday trading, you can search for it on the internet, whether you are looking for a physical book or ebook, if you don't want to spend money to buy a book, you can download an ebook that helps you learn intraday trading.

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On 1/4/2020 at 9:55 PM, Abdul salam said:

Day traders often receive decent payback in trading, which is also the most attractive aspect for them. However, if that is the case, why do we hear so little millionaire day traders nowadays, except for those cliched names like Soros?

Yes through day trading we can received good amount of money because through day trading we can see that the market movement is so much good and best and thats the main reason that we can make good money in it and now i am doing day trading just not night trading.


 

 

Join The Crypto Airdrops on my website and get free coins and also get profit through trading on Forex and Crypto Signals

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On 1/4/2020 at 11:55 PM, Abdul salam said:

 However, if that is the case, why do we hear so little millionaire day traders nowadays.

It because the time frame and short day trading time, their profit target is not too large.  Only in the range of under 100 points.  That's about 30-50 points. 

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8 hours ago, khan22 said:

Yes through day trading we can received good amount of money because through day trading we can see that the market movement is so much good and best and thats the main reason that we can make good money in it and now i am doing day trading just not night trading.

Great for you,i want to know how much we can make from day trading.Is it worth it like crypto trading.Because their is less chances of liquidation  in crypto trading.


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Usually intraday trader profit targets range from 30-100 pips per day in 4 decimal places, and if you get 100 pips in sharia, usually they will stop trading because the profit target has been met, if you are an intraday trader, what is your profit target in a day or a week  trading...

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Trading on Forex Day is the buying and selling of shares, but only on the same day. Day trading is possible on all markets, but is commonly referred to either in the Forex market or in the stock market.

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On 1/8/2020 at 12:19 PM, Digicoin said:

Day trading is not the best to me and it is the mist risky. I left it for swing trading to enjoying the full benefit if trading. 

Swing trading is also the best option to make money in the forex market but it is so much long but in swing trading profit change are so much high and i agree with you. I have 2 accounts for trading on one account i trade swing trading and the other is used just fo the short trading.


 

 

Join The Crypto Airdrops on my website and get free coins and also get profit through trading on Forex and Crypto Signals

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I do not know any famous traders who follow the daily trading, all of them decide that they prefer long-term storage because it is profitable and also a shortcut to time and effort, what do you think ? .

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We hear about few day trader millionaires because Forex trading itself is not easy to make millions irrespective of your trading system, day trading, swinging, or scalping. But it is not impossible to make millions in trading. It only requires hard work and determination. 

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@iloveyobit I do not know who the big traders you mean my friends, for matters of profit, it all depends on the individual how to maximize profits, but as far as I know, the more we open trading options, the more often we are dealing with risk

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6 hours ago, Kusumo234 said:

@iloveyobit I do not know who the big traders you mean my friends, for matters of profit, it all depends on the individual how to maximize profits, but as far as I know, the more we open trading options, the more often we are dealing with risk

I mean by big traders those people who have a lot of experience in the market, more than 10 years and at the same time they have a lot of capital, this is what I mean.

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19 hours ago, iloveyobit said:

I mean by big traders those people who have a lot of experience in the market, more than 10 years and at the same time they have a lot of capital, this is what I mean.

Thank you for the explanation, if a trader with more than 10 years experience, would have had a lot of capital, but it is difficult to undergo trading days in the early years as a trader, in my opinion, the initial period of being a trader is a difficult time

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