Forex Day Trading Short Or Long Term?
By bigkev423
@bigkev423 (6)
United States
November 26, 2006 6:57pm CST
I have recently in the past 3 months begun to day trade on the forex market. Is anyone else also new at it? Are you usinbg a signal service? If so is it free and who is it? Iam looking into using ProSignal which is an auto trader but they report pretty decent returns.
2 responses
@forex4aliving (644)
• Singapore
27 Nov 06
I don't use signals and autotrade as I find I lose some control over it. I use hedging methods and earn forex in 3 different ways :
1) Daily interest 20-140% per annum
2) Automated sell limit that I set
3) When net profit generated from whole portfolio, I sell off the whole portfolio.
By the way, how much is Prosignal's subscription?
@annihilus (2181)
• Italy
27 Nov 06
it depends from many situations. I don't trade directly into the Forex market but I have a broker trading for me.
