When taking a dig into the currency market you’ll have 3 basic time frames with which to hold your currency. The near term trader ( the scalper ) is going to be trading really fast trades frequently purchasing and selling currencies to and fro many times each day. Leveraging is needed here to both turn a profit and also shield your investment. The medium term trader holds on to the currencies between a day and up to a week or so.

Leveraging is also needed here as well as short term trading to both make a profit and also defend your investment. I have studied Gann and have my private version of a Gann system. Fundamentally the stop / loss order will permit you to get out of the trade before things actually hit the fan. Click the link If you’d like stories about day trading systems. It can be set when you make the order at a particular level and when the currency falls below that point, it stops the order instantly.

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