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Kayıt Tarihi: 13-Kasım-2019
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| Gönderen: 03-Nisan-2021 Saat 10:51 | Kayıtlı IP
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Five Main Points for Intraday Forex Trading
Five major points in relation to intraday transactions
listed following are expected to be helpful for all of
you.To get more news about
WikiFX, you can
visit wikifx.com official website.
1. Methods of opening positions
Following methods are recommended due to intraday
trading characterized by its short period of time and
quick results:
Testing positions: This is appropriate for operations
with the signal accuracy lower than 90%. When tested with
5% of the positions, adding can be carried out after the
risk evaluation if stop-loss places and basic trends dont
reverse while prices are still in their cost zone. The
method can efficiently avoid losses and stabilize
profits.
One-time opening: This requires operators to be so
highly capable in reading trading charts that they can
open positions in one time. The method is simple without
the consideration of adding.
2. Signal
Signals suitable for operating principles lay a
foundation for placing orders. This kind often occurs
with high frequency, making it easy to seize.
3. Stop loss
Stop-loss point of every signal is different.
Thorough understanding of trading products can allow you
to be perfectly safe. In addition, even the best stop-
loss operation cannot be conducted frequently within a
short-term period, otherwise a tiny loss may turn to be a
giant one.
4. Stop profit
Stop-profit point of every signal is different. These
operations can be launched based on moving average (MA),
locations and indexes, among which the last generally
works the best in seizing a relatively ideal market.
5. Trading scheme
Operation is rooted in good trading schemes. Keeping
everything in control equips traders with good mentality,
resulting in continuous transactions without the impact
of occasional losses.
Download WikiFX to get lessons from experts who have
traded forex for over 20 years.
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