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Description
The Guide to Profitable Forex Daytrading .The CI System
What is day trading? The Guide to Profitable Forex Daytrading .The CI System
Day trading is one way of performing foreign exchange trading. Usually day trading deals are opened and closed on the same day – you can make as many trades a day as you want. It is your decision.
It is possible for a day trading deal to last longer than one day. When this happens, the deal is automatically renewed at 22:00 GMT each night until the deal closes. Upon renewal you will be charged a fee for rolling the deal for an extra 24 hours. This fee will be collected once a day when the deal is renewed. The fee will be collected form your Free Balance in your trading account, and if there is no sufficient free balance then your credit card will be debited. If there is no credit card, the next time you have a free balance and execute a withdrawal from your account, the amount owed due to non-payments of the rolling fee will be deducted from the amount you have withdrawn.
Day trading is becoming more popular now that more people use the Internet. It is one of the Forex instruments (or products) offered by easy-forex®.
Be sure to also read Leveraged Trading after this article.
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