Day trading strategy

Everybody should know the risk level which he uses for every trade. Generally day traders can take 1or 2 % risk of their total investment. Day trader invests 10% money for each trade. So that they will be able to take a total of 10 trades. They should not trade more than 3 pairs at a time. Because the market is down or up too much due to sensitive news.

Day traders should wait for a good buy price and sell them with a small profit. Because this is a scalping technique. Stop-loss and take profit must be applied in trading. Day traders analyse all technical charts before taking any trade. Do not over trading any time. Take relaxation when trading time.