Can Automated Forex Day Trading Really Make You Money?
In forex day trading, you need to be able to make decisions and follow through on them. While forex day trading can make you a lot of money fast, it is also one of the toughest skills to master as a forex trader. When you are trading forex real time, it can cause your emotions to fluctuate along with the currency prices. Watching your account balance go up and down with every tick can cause many traders to quickly go into emotional overload and make rash decisions. This is an issue that many traders face not only when they day trade the forex markets, but also even when they are trading with End of Day systems.
