Day Trading Academy

Welcome to yet another section of Trading Pedia Forex school. With this guide, we aim to provide a comprehensive view of one of the most popular trading styles – day trading. Our goal is to acquaint beginner and intermediate traders with the nature of day trading, its advantages and disadvantages, and to help them determine whether they are suited to day trading. We hope that, after you have read the following chapters, you will be one step closer to becoming a more accomplished trader, regardless of whether you have chosen to begin practising day trading or have simply learnt something new and useful.

In our day trading guide, we will familiarise you with the core concepts of this trading style, as well as the personality traits and resources a day trader must possess in order to be consistently profitable. We will discuss ways to secure, evaluate and optimise your performance, and we will highlight the most significant long-term and short-term factors driving the Forex market.

For those beginners who still haven’t decided which crosses to trade, we have prepared detailed profiles of the major currencies, which make up almost all of the Forex market’s turnover. Last but not least, we will discuss some of the most popular day trading strategies, which, in our opinion, will allow you to achieve a decent level of return. We also include a few strategies related more to swing trading than to day trading, as they exceed the generally accepted time frame of day trading.

Our primary objective is to guide you continuously through the process of improving your trading skills, and we hope the following content will do just that. Even if you have already chosen another trading style, we believe you will still be able to find new and useful information, so be our guest and read on.