Master your trading! Within the forex market it is necessary that the investor knows the business practices so it can, according to their profile, choose how to negotiate that will suit you is appropriate. Many investors make the mistake of opting for a form of trading that does not match your personality and not your financial reality, thus, most of the time, great harm.
There are some types of trading in the forex market that deserve to be mentioned, so let them.
The intraday trading, ie trading that occurs among the appointed time of a day is a type of trading commonly used by novice investors because it is a short-term investment where the positions that were open during the day should be closed the end of the day.
For this type of trading does not require large investment values, thus attracting novice investors, however, this type of negotiation ends up limiting profit investor therefore can be harmful.
For those looking to escape the intraday trading, intraweek trading, that is, within the week.
This type of trading has the urgent nature of the intraday trading, positions may be open for more than a week and the negotiations of the positions are made to capture higher profit, however, to invest in this negotiation you need a larger capital than in intraday trading.
Finally, we have a negotiating position, to opt for this type of trading the investor needs a lot of patience because the negotiations of positions may remain open for months, in addition, the capital investment needs to be much greater than in intraweek negotiations.
We can highlight the advantages of this negotiation the fact that there is pressure on investors and also more time to analyze the market. So what’s the best type of trading for you? Choose the deal that best identifies with his personality and financial resources and invest without fear.