Intraday Trade
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Thread: Intraday Trade

  1. #1
    Join Date
    May 2006
    Posts
    126

    Default Intraday Trade

    Hi!

    Do you guys trade this thing intraday?

    How do you do this trade in order to maximize your profit?

    Any opinions and suggestions?

  2. #2
    Join Date
    Apr 2006
    Posts
    48
    To trade intraday, you have to have aggressive stop-loss/take-profit rules

  3. #3
    Join Date
    May 2006
    Posts
    126
    So it means that you have always to be assertive and on the go so that you are alert to the changing trading season otherwise you are going to lose.

    Thanks, Michael!

  4. #4
    Join Date
    Jun 2006
    Posts
    29
    So, in other words, Intraday Trading is actually a constant monitoring of the day's trading, being very alert to the changes that goes with it, is this right?

  5. #5
    Join Date
    Jun 2006
    Posts
    2
    That's basically it Angelo. As a day trader you look to get in and out of trades during the same session. Capture a few pips at a time. Has anybody here had any success day trading?

  6. #6
    Join Date
    Jun 2006
    Posts
    14
    I am still about to start, seems like JackBlack has lots of ideas on this, any tips for us, JackBlack?

  7. #7
    Join Date
    Dec 2006
    Posts
    88
    for a intraday trade . Just proced with 35/40 profit stop loss ratio 1:2
    Trade multi currency with lower spread. Example trade 3 different currency 35 pips * 3 + 105 pips profit. while exit trade , you can monitor /setup again the trade to earn another 35pips or 40 pis in the opposite direction . you can refer to the movement on dat currency on dat day by analysis the chart. 4hr/1hr/15min &the 5 min chart to increase you profit.

  8. #8
    Join Date
    Jul 2008
    Posts
    22
    old thread. if you can catch up/down, then you are fine, with some strict management rules.

  9. #9
    Join Date
    Oct 2008
    Posts
    25
    You need to have a lot of time, be in front of your computer, be careful choosing the currencies and spot loss and take profit, these are so important in order to gain money.

  10. #10
    Quote Originally Posted by geline View Post
    Hi!

    Do you guys trade this thing intraday?

    How do you do this trade in order to maximize your profit?

    Any opinions and suggestions?
    Well mate the thing about intraday trading is that you really got to be focused. I know the pain cause i left for a while and decided to have a game of football with my kids. When i came back to the screen, man i almost tore my hair out. My stop loss was hit and it was for multiple trades as i diversified into 2 different currecny pairs!
    I don't have that much hair to start out with so i think the best would be to have some really tight money management rules and not get distracted

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