Day trading is a mugs game – in FOREX currency markets, traders who make day trades instead of following the long-term trends, are making a serious mistake – risk/reward is terrible by comparison.
The Internet is full of brokers and vendors encouraging traders to day trade – and offering “sure fire” day trading systems – which is no surprise, as they mostly have a vested interest – they are making more commission!
Don’t get sucked in by the hype surrounding currency day trading.
You make the big money from the big trends – it’s the big trends that yield the big profits.
There are several day trading FOREX myths, and here are the most common ones: Continue reading “FOREX Day Trading – Do it and Lose Your Money Quickly!”