Showing posts with label Forex market. Show all posts
Showing posts with label Forex market. Show all posts

Monday, December 21, 2009

ForexGen Trading


This refers to the practice of buying and selling currencies pairs such that all positions will usually be closed within the same Forex the trading day. The day trading idea comes from stock market. Day traders rapidly buy and sell stocks throughout the day in the hope that their stocks will continue climbing or falling in value for the seconds to minutes they own the stock, allowing them to lock in quick profits.

But in Forex market, every one can be a day trader to do day trading. Actually, more than day trading, they can do "scalping".