Forex Choose your trading style and strategy

There are various strategies or styles which you can employ for forex trading. It includes day trading, swing trading and scalping. One of those strategies is;
Day trading: Day trading involves entering and exiting multiple trading positions in a single trading day. It mitigates the risk involved with holding the position overnight. It is suitable for short term time frames. Usage of right and precise tools and monitoring the trade regularly are two vital day trading secrets.