Friday, June 20, 2008

Day Trading

Day trading is one way of performing foreign exchange trading. Usually day trading deats are opened and closed on the same day, you may make a few deals in a day, or a few hundred. It is your decision.
It is possible for a day trading deal to last longer than one day. When this happens, the deal is automatically renewed at 22.00 GMT each night until the deal closes. Upon renewel you will be charged a fee for rolling the deal for an extra 24 hours. This fee will be collected once a day when the deal is renewed. The fee will be collected form you free balance in your trading account, and if there is no sufficient free balance then your credit card will be debited. If there is no credit card, the next time you have a free balance and execute a withdrawal from your account, the amount owed due to non payments of the rolling fee will be deducted from the amount you have withdrawn.

Day trading is becoming more and more popular now a days that more people use the internet. It is one of the Forex instruments offered by easy forex.

Day trading with easy forex
A day trading deal with easy forex involves the below 4 steps:
1. Decide to perform a forex deal.
2. Decide the deal you want to make and build it in your online account.
3. Monitor the deal in your account
4. Close the deal

1 comment:

Blogger said...

I would like to advise that you use the ultimate Forex broker: eToro.