Learning forex trading is not rocket science. Many people are making their daily living from trading the forex market. Trading forex is much easier than trading stocks. If you are still looking for ways to succeed at forex trading than you should read this article.
Suppose, you are new to forex trading but are interested in learning it so that you can build your retirement account. As a new forex trader, what you need to do is to practice a lot on your demo account. Many new trader, don’t like to waste time on practicing. This mistake ultimately makes them experience margin calls a number of times.
The best way to learn forex trading is to watch how a pro trades. If you are new, first learn a few strategies and then master them on your demo account. Choose one or two strategies that are best suited to your personality and style. Practice it on your demo account. Triple your demo account twice in a row only then think of trading live.
Now, if you are looking for powerful day trading strategies that can make you many pips but does not require more than 30-60 minutes each day to implement, if, you are that person than go no more. Read this article that gives 13 extremely powerful day trading strategies that do not take more than 30-60 minutes each day.
Day Trading Strategies #1: This set and forget strategy works extremely well on 4 hour and daily charts and each time will make 50+ pips.
Day Trading Strategies #2: This strategy works well early morning to early afternoon. If you are about to go to work, you can make 20-90 pips with this on 15,30 and 60 minutes charts. This strategy is best suited for the London Trading Session.
Day Trading Strategies #3: This is for those who can spare an hour or two in the afternoon. This strategy has the potential to turn your $1,000 into $150,000 in just under 40 trading weeks or something like 10 months. Not bad, for just one hour of work daily.
Day Trading Strategies #4: This works very well for those who are on the go and want to make some easy money. It depends on a laser targeted non emotional trade set up. It can be highly rewarding too.
Day Trading Strategies #5: This strategy suits all lifestyle and can make you more than you can make in a week in just one day.
Day Trading Strategies #6: Suppose, you missed the trade setup for strategy #5, you can use it to reverse the situation.
Day Trading Strategies #7: This trade setup appears once in a while, BUT when it does, you can straight away take your family to a holiday.
Day Trading Strategies #8: This is another easy 30-60 minutes trade that can put 20+ pips per trade in your pocket.
Day Trading Strategies #9: It complements strategy #8.
Day Trading Strategies #10: This powerful strategy can make 100+ pips per trade for you.
Day Trading Strategies #11; This strategy can make 20-700 pips for you.
Whatever, you need to watch these 13 day trading strategies videos. As a trader, your aim should be to make as many pips as possible in as little time as possible and then spend the rest of the day with your family. You are not trading to sit in front of your computer all day for the trade setup and the trading signals. You are trading for making quick money and then using that money to enjoy life.
These videos teach you 13 different ways of doing that. You can choose any one of the strategy that best suits your lifestyle to master on your demo account first. Once you have practiced it on your demo, you can start live trading to make easy pips each time you trade. The importance of first practicing on your demo account cannot be overemphasized. The more you are going to practice these strategies, the more you are going to make winning trades when trading live. Don’t miss watching these trading videos! Watch each video. Each strategy has been described in detail. Then choose the one that best suits you. Master it and start making pips using it on your live account after practicing on your demo account. The more you practice the more you are going to become confident using that strategy! These strategies are not difficult to master. Good Luck!