Day Trading, The Best Strategy during Financial Crisis

best-forex-strategy-during-financial-crisis.jpgToday we are experiencing an unprecented global financial meltdown, that is so scary, the world’s leaders are meeting to determine how to handle it. By not risking any long term positions, we are not committed to any direction, and even hold long and short positions on the same currency pair at the same time. Think outside the box.

 

See that we get some high volatility market condition almost every day. Maybe your strategy is to stand aside with cash and exploit the huge swings in currency market volatility, and capturing only no-brainer portions of each swing in any direction on any pair we are monitoring. So what is the best forex strategy for today condition?

 

Be a day trader! Do open and close position intraday, avoiding aim for high target and just hunt for small amount of pips say 20 to 30 pips a day is the best strategy for today. The more pips you aim then the more risk you’ll get! But forex day trading will requires an additional investment of time as well as money and sure it will cost you extra spread to open trade daily.

 

By aiming 20 to 30 pips on each trade sure you’ll easily fill this target than trader who aim for 100 pips. But although it easy to reach 20 or 30 pips, just do one trade per day like we did with daily20pip.com forex system. Don’t do scalping by enter the market in many times per day, it sure the way to loss. Do one trade per day even if the market at your side, set your exit channel 20 or 30 pips, always use stoploss, look for the best time for trade and the most important is Keep dicipline following those rules above.

 

 

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