See scenarios for how much forex day traders can make based on their win rate, risk/reward, position size, and number of trades. In forums and in emails I receive, a common question is “How much money can I make day […]
Whether trading stocks, forex, or futures, the key to making big profits in day trading is the same. It’s how we size up our bets relative to the risk and reward we want to take. In this article, you will […]
Use a 1-minute EURUSD chart for this day trading strategy, during the London and/or US session. The strategy is best applied between 3 AM EST and 1 PM EST. A failed technical turnaround occurs when a technical turnaround fails (read that article […]
These are the day trades (along with notes and charts) I saw in June (early US session) utilizing the strategies discussed in the EURUSD Day Trading Course. Charts are posted daily on Twitter, and every month I post a bunch of charts […]
Let’s look at swing trading and day trading, the differences between them, and which style of trading is a better fit for you. Each trader is encouraged to trade the way they’re most comfortable with. It’s likely traders will classify […]
If it looks hard to make money, it probably is. If you’re looking at charts but aren’t seeing much to trade, or you see trades setting up but they aren’t working out, IT’S OK NOT TO TRADE! I used to […]
The 1% risk rule means not risking more than 1% of account capital on a single trade. It doesn’t mean only putting 1% of your capital into a trade. Put as much capital as you wish, but if the trade […]
Be aware that taking a forex broker’s deposit bonus can result in multiple problems. If you are going to trade, just deposit your own money and trade. Don’t fall for these “deposit bonus” gimmicks. Here’s why. Ever seen an ad saying […]
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