Exploring Daytrading Trading Guide

Exploring Daytrading

Build a Plan for Every Trading Day

This guide, written by famed professional day trader Raghee Horner, introduces individuals to the world of day trading. Specifically, the guide covers the following topics:

  • The risk philosophy of day trading
  • Understanding the daily trading rhythm
  • Day trading psychology
 

Here is an excerpt from the guide:

A day trader should very rarely be surprised when volatility increases and how much it is capable of increasing to. Because of the tighter price movement inherent to a daily time frame, day traders are masters of risk/reward because one misguided decision about the validity of a single trade does have the capacity to wipe out a day's worth (or more!) of wins. Knowing when a pair is behaving beyond the normal price movement range can mean a bigger win, true, but more often it's a warning that the market is digesting something new or different and the risks associated with that are almost always higher. From my years actively day trading, I know successful day traders respect the clock as much as they do the charts!

Complete the form on this page to receive this guide as well as all the other guides ThinkForex has to offer. Enjoy a free preview of the Table of Contents below.

View Table of Contents
Risk Warning 3
The Foundations of Daytrading 4
What is Daytrading? 4
How Long is the Trading Day? 6
Daytrading Psychology 10

Subscribe To Our Trading Guides Today!

Contact ThinkForex

Australia

Level 11, 636 St. Kilda Road.

Melbourne, VIC, Australia 3004

AFSL Number: 424700

ABN Number: 69 158 361561


AU: +61 3 9093 3400

Email: support@thinkforex.com

UK

TF Global Markets (UK) Limited.

2 Copthall Avenue, London, EC2R 7DA.

FCA Number: 629628

Registration Number: 09042646


UK: +44 203 514 2374

CN: +86 400 990 8300

Proud Supporter of:
Proud gold supporter of the Champion for Children Program - Unicef
Follow us