Day traders will usually use 1m, 5m, 15m or 30m time frames.
Which time frame to choose is depends on the trader's character, an aggressive trader will probably use the 1m and 5m, a more serene trader will probably use the 15m or 30m.
The best time frame for trading Forex is entirely depends on the trader's nature of trading. Some traders prefer to trade daily and use short time frame (1m, 5m, 1h) and some will prefer to be swing or position traders and will use longer time frame (1d, 1w). The best way to trade is to combine a few time frames to determine the trend and the entry/exit prices.
The best time of day for trading options generally tends to be in the morning when investors and stock brokers are making the biggest moves based on last night's news.
Typically Monday's Mornings and Friday afternoons have the highest flucuations of stock prices. Many poeple can profit by trading on these days.
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Day trading involves buying and selling stocks on the stock market. Sources to learn about day trading can be found online at tradingacademy, and pristine.
Day trading is sometimes known as intraday trading, because there are times a trade can be held for a few minutes or even a few seconds. Trading is done on a daily basis, not held for any length of time.
Forex is basically a 24 hour a day market. However, if you are trading a particular pair you should trade when those country's markets are open.
The time of day that the New York Stock Exchange trading day final bell rings is 4:00 PM sharp. It is a tradition that has been carried on for many years.
Day trading platforms are tutoring classes you can take to teach you what you need to know about trading. And these classes teach you the right ways to trade without losing money!
No, after-hours trading is not considered day trading. Day trading refers to buying and selling securities within the same trading day, while after-hours trading occurs outside of regular trading hours.
The choice between Forex and day trading really comes down to your trading style. Forex offers a broader range of currency pairs and is open 24/5, while day trading can involve various assets, including stocks and commodities, with a focus on short-term price movements.
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