ForexSecret123 (32)

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A Day In The Life of A Professional Day Trader

• Presented byThe Forex Secret

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Historical Traders Style
A day trader uses high amounts of leverage and
short-term trading strategies to capitalize on
small price movements.
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What Is A Day Trader
Discretionary Trader
System Trader
Mechanical Discretionary

• Trades based on available information
• Suitable for completely controlled personalities

• Trades based on system rules
• Suitable for who like speed and precision

• Combination of both that uses system and
  methodology
• Wont take always automatic trade

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Early Morning Start
8.00-9.00 am EST

• Check how the markets have performed overnight
  with first coffee.
• Check how your open trades have faired
• Do the necessary adjustments if necessary

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Break
9.00-9.30 am EST
Wait 30 min for being the market steady
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Early Session of Trading
9.30-10.30 am EST

• Find out the rising opportunities to make sure
  the maximum win
• Put the protection layer to limit the loss
• Prepare alternative strategy due to market
  movement

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Break
10.30am-12.30 pm EST
Meeting and lunch break
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Afternoon Session
12.30-4.00 Pm EST

• Keep Monitoring to find out the opening
  opportunities as much as you can
• Close trading within 4.00 pm with profit rather
  than opening all day long with great loss

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Outside Market Activities
9.30 Am-4.00 Pm EST

• Keep tracking of your trading journal to get a
  historical data of the winning and losing trades
• Learn, analyze, experiment and hone existing
  skills

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Thank you
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