Currency Trading Information Channel
Facts of Day Trading
Are you thinking of entering the fast-paced world of day trading? Arm yourselves with the information from this fact sheet on day trading.
What is day trading?
Day trading is an investment tactic that does online daily stock trading with a relatively short investment. Those who do day trading usually buy and sell securities during the same market day and, as a general rule, do not hold stocks overnight. Many day traders make dozens of trades every market day hoping to capture profits that arise from small intraday price fluctuations.
How is day trading different from swing trading?
Day trading relatively holds the stock for only the day. After the stock market closes, a day trader has no stock in his hands. Swing trading holds a stock for at least a few days, waiting out for the best price before dumping it back to the market. Day trading is much more stressful and requires guts and a keen business sense. Once you get good at day trading, you can earn up to $50,000 from your initial investment.
How much capital would you need for day trading?
You need an investment equivalent to buy 1000 stocks. That is roughly around $20,000. Because the chances are small that you will find a marketable stock with a price of under $20, this is enough to get your day trading underway. However, you must remember that this is a 100% risk capital so do not worry too much if you lose this amount very early.
What are the general rules for day trading?
- Always trade with the trend.
What are the most suitable stocks to trade for day trading? It is advisable to trade high volume stocks. Go with the trend with the popular stocks available. It'll be easier for you to sell those stocks at the end of the day trading.
How does a usual day trading transaction occur?
For example, at 10:00 AM a day trader might buy 1000 shares of stock XYZ just as the price begins to rise on good news, then sell it at 10:04 AM when it's up by 1/2 ($0.50). The day trader makes $500, minus commission. With today's cheap commissions of $29.95 or less per trade, that's a quick $440.10 or better, excluding taxes.
Most people who deal with day trading spend all of their time in front of the computer, watching the slightest change in the stock price. As the prices go up and down, the day trader must be alert as to when to sell his stock or wait for the moment to hold on it. This can be a very stressful lifestyle as a mere second could mean an increase of half the stock price and missing that moment for any person engaging in day trading could mean a loss on his investment.
Day trading is not a get rich scheme. It is serious business where you could lose everything within minutes because of wrong information. Before jumping into day trading, remember to do your homework first. Go to seminars on day trading, use simulations if possible and practice reading market indicators. To be a successful day trader, don't just need luck. Knowledge and experience counts. Welcome to the world of stock markets and investments!
For More Information and articles about day trading check out the forex trading center.
MORE RESOURCES updated Mon. May / 20 / 2019
Asian markets mostly rise despite US-China trade talks reportedly hitting a roadblock CNBC
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.
Future Returns: The Risk and Reward of Foreign Currency Exchange Markets Barron's
While most advisors recommend leaving the foreign currency exchange market to the pros, individual investors are increasingly entering the market as ...
Venezuela loosens currency exchange controls to allow forex trading Reuters
CARACAS (Reuters) - Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls ...
China's currency is sending a warning signal about the trade war CNBC
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.
A Guide to Currency Trading for Complete Beginners • Benzinga Benzinga
Learn more about forex trading, also known as currency trading. Discover its definition, examples, how it works and how to get started trading today.
Greg Secker reveals 5 essentials for low-risk Forex trading Best in Australia
Live currency trading on the foreign exchange market (Forex) is often misunderstood by those looking for a way to get rich quick. This has led many people to ...
Refinitiv currency trading and data terminals face ‘major incident’ Financial Times
Products used by investors and news organisations suffer glitch ahead of London open.
Financial conduct regulator warns public about forex-trading charlatans Business Day
Charlatans dangling carrots of unbelievable returns for trading foreign exchange (forex) on your behalf have been thrust into the spotlight by the Financial ...
How to Start a Currency Trading Business Virtual-Strategy Magazine
Thinking on how to start a currency trading business? Then you are in the right place. Currency trading remains the largest financial market in the world. It's.
Why forex trading isn't everyone's cup of coffee SowetanLIVE Sunday World
You should only consider forex trading once your financial affairs are in order, “and only as an alternative to gambling”, says an investment expert. Trading on ...
Blackstone's Refinitiv Outage Upends Currency Trades Bloomberg
Technological problems at Refinitiv, the former financial and risk business of Thomson Reuters, have disrupted some currency markets, traders said.
EM Investors Too Wary of Trade and Local Risks to Buy the Dip Bloomberg
Investors aren't rushing to buy the dip as U.S.-China trade tensions escalate.
Shaving Milliseconds Off Currency Trades Could Make Singapore Billions Bloomberg
Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore is grabbing an opportunity measured in milliseconds to win a ...
Bitcoin-Bashing Banking 'Cartels' Fined €1B For Currency Manipulation Bitcoinist
The European Commission has fined five bitcoin-bashing banks, including JP Morgan, a total of over €1 billion for currency rigging.
Forex Trading Opportunities for the Week Ahead [Video] FXStreet
About the Author Sam Eder is a currency trader and author of "The Definitive Guide to Developing a Winning Forex Trading System" and ...
Brokers brave China's FX market crackdown in hunt for household high rollers Reuters
SHANGHAI/SINGAPORE (Reuters) - Lured by hopes that China's retail investors could become major players in global currency markets, foreign brokers are ...
23-year-old making handsome profits from forex trading Daily Nation
Patience, grit and fiscal discipline are key to success in the field, Paul Mugenda says.
Longboat Key firm charged with operating a $75 million foreign currency trading scheme - Sarasota Herald-Tribune
Longboat Key firm charged with operating a $75 million foreign currency trading scheme Sarasota Herald-Tribune
The Commodity Futures Trading Commission claims the Oasis International Group Ltd. of Longboat Key, CEO Michael J. DaCorta and others fraudulently ...
Islamic currency trade gaining popularity, but has to follow rules Gulf Times
Last week's launch of an Islamic trading account by one of the world's largest online currency and multi-asset trading platforms, eToro, has quickly filled.
Dollar lower in holiday-thin trade, oil drives loonie, rouble gains CNBC
The dollar was little changed against a basket of currencies in thin holiday-impacted trading on Monday, while a jump in the price of oil on news that Washington ...
Emerging-Market Stocks, Currencies Fall as Trade War Intensifies Yahoo Finance
(Bloomberg) -- Emerging-market stocks slumped to the lowest level since January and a gauge of currencies erased its year-to-date advance as trade tensions ...
Why Yuan at Seven Would Risk Further Inflaming Trade Tensions Bloomberg
The yuan's rapid slide risks re-igniting one of U.S. President Donald Trump's favorite criticisms of China: that Beijing weakens its currency to aid exporters.
Due to uncertainty in election results, trade in currency rather than equity Moneycontrol
As of now the only concern for our domestic currency is boiling crude oil prices and current account deficit (CAD). But in recent scenario the main focus will be on ...
The Best Forex Trading Tools: A Checklist for All Forex Traders Benzinga
FOREX.com is one of the world's largest forex brokers. Account holders get competitive pricing, award-winning customer *service*, actionable data and powerful ...
What trade war? China stocks jump after tariff hike CNBC
The U.S. raised tariffs on $200 billion worth of Chinese goods to 25% at midnight ET Friday — but Chinese stocks still rallied.
ATP backs ethical currency trading code | News | IPE IPE.com
Danish pension fund ATP has signed up to the FX Global Code, a scheme created by the Bank of International Settlements (BIS) and central banks outlining ...
How to Calculate Pips in Forex Trading: A Guide for Beginners Benzinga
FOREX.com is the largest forex broker for US traders. You will get competitive pricing, award-winning customer *service*, actionable data, and powerful trading ...
Forex Trading: USDCAD Is Ranging at $1.3472, Expecting a Breakout Inside Bitcoins
The sideways movement continues because the Bears defended the $1.3472 level last week. In case the Bulls increase their momentum and break up the ...
Forex Forecast: Pairs in Focus DailyForex.com
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of May 19, 2019 here.
Asia Pacific stocks mixed amid renewed US-China trade uncertainty CNBC
Stocks in Asia were mixed on Tuesday amid renewed tensions between the U.S. and China after Washington said tariffs on Chinese goods will rise on Friday.
Forex Trading – What You Need to... Forex Crunch
Forex trading is popular with many people because you do not need to make a large investment to get started. However, while it's certainly possible to.
Zimbabwe central bank says it secures $500 million to ease dollar shortages Reuters Africa
Zimbabwe's central bank has secured a $500 million loan from unspecified international banks to support interbank currency trading from Monday and ease a ...
Trading Support and Resistance DailyForex.com
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of May 19, 2019.
CMA licenses second non-dealing online forex trading broker Kenya Broadcasting Corporation
Capital Markets Authority has approved the grant of a license to SCFM Limited to operate as a Non – Dealing Online Foreign Exchange Broker.
Currency Trading Price Targets For the US Dollar and Euro See It Market
The US Dollar Index looks like it is headed back towards the 100 level. Guy Cerundolo discusses his analysis and price targets for the greenback.
Pound to US dollar exchange rates fall: Why is the pound dropping against the US dollar? - Pound Sterling Forecast
Pound to US dollar exchange rates fall: Why is the pound dropping against the US dollar? Pound Sterling Forecast
Over the last 10 trading days pound to US dollar exchange rates have dropped from 1.3170 to 1.2830 at the time of writing this article. To put this into monetary ...
Trade ideas thread - Monday 20 May 2019 ForexLive
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with ...
Forex Leverage - How it Works, CFD Leverage Explained FX Empire
Trading the forex markets is attractive for several reasons and one of the most important features is leverage. Investors love the idea that they can borrow capital ...
Crypto-Currency Exchange Loses $40M via Hackers FTF News
Binance is reeling from a hacking on May 7 while a new poll shows strong investor interest in crypto-currencies.
Schoolboy, 16, turns £150 into £61,000 in less than a year... by studying trading tips online - Daily Mail
Schoolboy, 16, turns £150 into £61,000 in less than a year... by studying trading tips online Daily Mail
Edward Ricketts, 16, of east London, developed a knack for trading after he saw a foreign exchange expert on Instagram boasting of high earnings, flash cars ...
S'pore aims to cut sub-second lag to boost forex trading The Straits Times
Singapore is grabbing a sub-second opportunity to win a bigger slice of the world's US$5.1 trillion (S$7 trillion) a day foreign exchange market.. Read more at ...
Currency Volatility: EUR/USD and AUD/JPY in Focus DailyFX
Upcoming event risk and lingering market threats place EUR/USD and AUD/JPY in the spotlight next week for potentially sizable swings in spot prices.
Teen Trader Turns £150 Into £60,000 In Less Than A Year LADbible
A 16-year-old has managed to turn £150 into over £60,000 in less than a year thanks to his smart currency trading. Edward Ricketts, a college student, says he ...
XTB Reports Significant Drop in CFD Currency Trading in Q1 2019 Finance Magnates
XTB continues to feel the pinch of the recently-implemented regulations from ESMA, as the firm has reported a drop in revenues in the first quarter of 2019.
USD/CAD: Reversion & Seasonals Point To USD/CAD Upside Risk Through 1.36 -... Forex Crunch
USD/CAD has mixed forces pulling it to all directions. What are the levels to watch? Here is their view, courtesy of eFXdata: Bank of America Merrill.
Pound-to-Euro Exchange Rate 5-Day Forecast: Oversold, Could Bounce Short-Term but Overarching Theme is one of Weakness - Pound Sterling Live
Pound-to-Euro Exchange Rate 5-Day Forecast: Oversold, Could Bounce Short-Term but Overarching Theme is one of Weakness Pound Sterling Live
Pound Sterling vs. Euro exchange rate week ahead forecast suggests the potential for some near-term upside, but overarching theme is one of weakness.
Reeling Australian Dollar Still Buffetted By US-China Trade War Storm DailyFX
The Australian Dollar fell further last week as the foreign and domestic negatives for it piled up. A general risk appetite bounce could help but is hard to foresee.
5 features that describe Gemini virtual currency exchange Cryptoline News
Gemini virtual currency exchange has set a new standard in the cryptocurrency market due to its openness to work with regulators. Also, the exchange has been ...
Trading Bots: Are They a Force for Good? Cointelegraph
Trading bots have become a staple of today's markets — especially in the 24-hour cryptocurrency industry. But while some have gained popularity by enabling ...
UK Rightmove house prices for May: +0.9% m/m (prior +1.1%) ForexLive
Stocks breach decade high after poll upset as banks soar The Australian
Welcome to the Trading Day blog for Monday, May 20. The local bourse has surged to a *fresh* 11-year high as banks leapt in response to the weekends surprise ...
Risk to Turkey’s Economy Deepens With New Istanbul Election The New York Times
President Recep Tayyip Erdogan's government is spending billions to prop up the currency amid new economic turmoil. The question is how long it can last.
Equity Bank forex trade earnings rise to Sh819m Business Daily
Equity handled Sh30.93 billion worth of remittances during the quarter.
Bitcoin Touches $8,200, Gold Hits Its Highest Point Since April Cointelegraph
Wednesday, May 15 — All of the top 20 coins are in the green after seeing some losses over the past day, with some reporting double-digit gains, according to ...
Boris Johnson weighs on... Forex Crunch
GBP/USD trades at four-month lows amid a deteriorating political outlook in the UK. Cross-party trade talks and US-Sino negotiations are both set to.
Gold Prices Fall as Cisco, Walmart Earnings Cool Trade War Fears DailyFX
Gold prices slumped as upbeat earnings reports form Cosco and Walmart tempered worries about the economic impact of the US-China trade war.
Boris Johnson may do a De-Gaulle on... Forex Crunch
After a tear-provoking meeting with her backbenchers, UK PM Theresa May pledged to set a date for her departure after the upcoming Brexit vote in early June.
What Crypto Exchanges Do to Comply With KYC, AML and CFT Regulations Cointelegraph
Top fiat-to-crypto exchanges are adopting market surveillance technologies. Of all crypto-to-crypto exchanges, only Binance has one.
The Twilight Trading Hour Strikes Currency Markets Again The Wall Street Journal
There is a fragile spot in the $5.1 trillion currency market: early morning in Asia. This one- to two-hour period when U.S. traders are heading home—but market ...
Major Crypto Exchange in Korea Shut Down in April: 2018 Was a Nightmare for Most Cointelegraph
A major crypto exchange in South Korea has shut down, showing the intensity of the brutal 16-month bear market that caused a wide range of issues for crypto ...
Pound hits 3 month low against the Euro after political problems Pound Sterling Forecast
The Pound has hit its lowest level against the Euro in 3 months by the close of business on Friday. After hitting close to a 2 year high earlier this month the Pound ...
Bitfinex Will List Its New Exchange Token Starting Monday CoinDesk
Crypto exchange Bitfinex will list its new exchange token, LEO, on Monday after purportedly raising $1 billion from the initial offering. In an announcement Friday ...
Australian Dollar Targets 2009 Lows, AUD/CAD and EUR/AUD Follow? DailyFX
Australian Dollar Technical Forecast. The Australian Dollar depreciated across the board last week; AUD/USD facing 2009 lows as downtrend from 2018 ...
Digital Renminbi: A Fiat Coin to Make M0 Great Again CoinDesk
Dovey Wan is a partner at Primitive Ventures, a crypto asset investment fund. Contrary to what many think, China does not oppose blockchain technology.
Forex trading – what are the best currencies to trade? Capital.com
Currencies are priced in other currencies, and all major denominations are quoted in “cross rates” against each other. Traders may choose a fairly predictable ...
Platform Allows Users to Send and Receive Cryptocurrency With Gadget of Their Choice - Cointelegraph
Platform Allows Users to Send and Receive Cryptocurrency With Gadget of Their Choice Cointelegraph
The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank — enabling them to send and receive ...
Are forex trading signals for you? ForexLive
What you need to know about signals from UBCFX Foreign exchange or forex is defined as the exchange of a nation's currency for that of another is. Overall, the ...
Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 17 - Cointelegraph
Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 17 Cointelegraph
Bitcoin witnessed a flash crash on Bitstamp exchange when it plunged to a low of $6,178. The fall was triggered by a sell order of about 5,000 bitcoins at $6,200.
The 9 Best Forex Trading Courses - Forex Trading Training • Benzinga Benzinga
Forex trading courses can be the make or break when it comes to investing successfully. Read and learn from Benzinga's top training options.
Reserve Bank of India Urged to Reconsider Banning Crypto From Regulatory Sandbox Cointelegraph
Lobbying groups are urging the Reserve Bank of India (RBI) to allow crypto-related products to be tested in its regulatory sandbox, Indian daily The Economic ...
Crude Oil Price Rise on US-Iran Spat, OPEC Output Cuts May Fizzle DailyFX
Crude oil price rose as US President Trump threatened Iran while OPEC mulled extending its output cut scheme, but a speech from Fed Chair Powell may see ...
Impact of improved foreign currency supply: OBG Loop PNG
The shortage of foreign exchange liquidity in Papua New Guinea's economy appears to be easing, with increased currency inflows helping to meet the needs of ...
Forex trading: Understanding account types and differences ForexLive
Instaforex: See what different account options are available to FX traders There are a number of different account types available in the FX sphere and this article ...
Best Forex Trading Mobile App Benzinga
FOREX.com is one of the the largest forex broker for traders. You will get competitive pricing, award-winning customer *service*, and powerful trading platforms to ...
Best Forex Trading Software Benzinga
Forex trading is an around the clock market. Benzinga provides the essential research to determine the best trading software for you in 2019.
What is Forex Trading? Complete Beginner’s Guide Blockonomi
The foreign exchange market (forex) for international currencies is the largest and most liquid market in the world. According to the Bank of International ...
Learn the Basics of Trading Currencies FX Empire
Learning the basics in currency trading is not complicated. Building your own strategy to make and making it work is a different story.
Citi Joins UBS in Setting Up Singapore Currency Trading Hub Bloomberg
Citigroup Inc. is planning to join UBS AG with an electronic currency trading and pricing platform in Singapore, setting up systems to boost liquidity in Asia's ...
FX Trading - Currency Trading FXTM
Discover the details of foreign exchange, currency trading, currency pairs, forex market hours, forex trading fundamentals, trading signals and more. | FXTM ...
US China trade war escalates Pound Sterling Forecast
The greenback has made ground after the escalation in the US China trade war after President Trump increased tariffs on $200bln of Chinese goods bound for ...
In for the Long Haul — How the New Long-Term Stock Exchange Can Help the Crypto Industry - Cointelegraph
In for the Long Haul — How the New Long-Term Stock Exchange Can Help the Crypto Industry Cointelegraph
SEC-approved LTSE stock exchange could link crypto firms and the capital of traditional investors.
How Does Forex Trading Work? FinSMEs
Forex trading is one of the most profitable money-making options — a successful trader can double their investment in 6 months. However, it is also extremely ...
Brexit is a nightmare for currency traders CNN
The Brexit deal negotiated by Prime Minister Theresa May will almost certainly be voted down by UK parliament on Tuesday. Currency traders are trying to figure ...
Currency Traders Should Get Ready for Big Move in the Dollar Bloomberg
Currency traders should brace for a large move in the dollar, if past periods of low volatility are a guide.
Fortune 500 Currency Trading Moneyshow.com
Tracking the moves of the big players can put us on the right side of market's turns, write.
Proper Forex trading plans are never too aggressive AZ Big Media
Most control must come to risk management. There will be a good trading performance if you can handle the trading performance with that. In this article, we are ...
FX Futures: How Currency Trading Revolutionized Finance TheStreet.com
Financial futures today represent 90 percent of global futures trade, with currency futures being the first financial futures product to trade 45 years ago. Today's ...
How to Trade Forex - and Is It Worth the Risk? TheStreet.com
Trading currencies is an enormous part of the world market. Here's how it works and whether it's worth the risk....VLKAF.
Currency trading: Morgan Stanley says delusional investors making mistake Business Insider
Hans Redeker, the lead global FX strategist for Morgan Stanley, says investors are making a crucial mistake that could end up working against them.
A Guide to GDP and Forex Trading DailyFX
GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to ...
Currency trading slumps globally as swaps, forwards fall out of favor Pensions & Investments
Global activity in the foreign-exchange market is on the decline as traders step away from forward and swap transactions.
The Best Tips for Forex Trading in 2019 FinSMEs
Welcoming the New Year with a goal to increase one's financial wealth is always a good thing. Whether it's investing in assets like Forex, company shares, and ...
What is Forex Trading? Benzinga
Benzinga's financial experts detail trading in the Forex market, which is the largest market in the world. Read and compare options for 2019 .
Japan’s Golden Week could provide opportunities for currency traders, but business as usual for bond investors - MarketWatch
Japan’s Golden Week could provide opportunities for currency traders, but business as usual for bond investors MarketWatch
For yen traders, fluctuations in the currency have traditionally been correlated with equity markets and broad economic sentiment. As appetite for assets ...
How to Trade Forex Benzinga
Learn how to trade forex. Our guide provides simple and easy to follow instructions for beginner investors who want to start now.
How to Minimize your Risk in Forex Trading? LearnBonds
Forex trading is considered to be a risky endeavor. From the definition of the forex market, you can see it is an unpredictable business. It's merely a.
Zimbabwe Starts Currency Trading in Bid to End Dollar Dearth Bloomberg
Zimbabwe began formal trading of what's effectively a new currency as it tries to ease a shortage of dollars that's crushed the economy. The initial rate for the ...
5 forex trading tips to help you find success in the market Born2Invest
The forex market is huge, with trillions of dollars in volume at play every day in the international market. The combined volumes in the forex market surpass the ...
Trump's tariff battle with China is spurring record dollar-yuan trading CNBC
Market uncertainty due to the ongoing trade dispute between the U.S. and China has spurred a jump in trading volumes for the dollar-yuan currency pair in ...