I am a day trader and hold my positions anywhere from around a few seconds to a couple. I’m primarily a scalper and am looking to take advantage of short-term imbalances between supply and demand. I will stay in a trade as long as I’m able to identify a supply/demand asymmetry.

The best platform will a person with continuous real-time currency quotes that are precise free of charge displayed. Currencies is on 24 hours in the day in historical zones. Forex rates change in seconds therefore the platform should access the current information and lock inside your transaction easily.

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Pick something – You can do pick any strategy start building a computer. Buying calls and puts is the easiest way to start. As you learn and experience a little more about how prices move, you possibly can new approaches to your trading to enhance your system. Adding covered calls and protective puts to long equity positions is often a logical next phase and can supercharge your bank account by generating monthly or weekly cashflow.

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