Trading de Forex ou de opções binárias: Day trader forex

What is day trading? Everything you need to know.

Day trading has become one of the most popular ways for retail investors to make money off the ups and downs of financial instruments like shares, forex, indices and contracts for difference (CFDs).

If you're considering getting into day trading, as a beginner it's crucial that you have the information that you need to get started on your front foot and succeed. In this guide, learn what it is, the legalities, how it works, how to get started, strategies, and what you need to consider when getting started.

What is day trading?

Day trading is the process of buying and selling financial instruments within a single trading day - between 9:30am and 4pm when trading the Nasdaq index, for instance.

Day trading allows traders to make money from intra-day price movements, as opposed to speculating on long-term price increases or decreases. The exact amount of time for which the trader holds the securities can be anything from a few seconds to many hours.

Due to the short timespans involved, day traders rarely trade on fundamentals, instead basing their trades on technical analysis. This involves predicting when prices will go up or down with tools like oscillator indicators or moving averages, or trading based on business news releases, as opposed to using mid- to long-term analysis based on economic data, social trends or political changes.

Start Trading with FXCM Today!

In recent years, day trading has taken off as one of the most popular types of trading. Research cited in City AM in 2021 found that 1.8 million adults in the UK began day trading through the pandemic, with 60% motivated to do so due to poor cash account interest rates. Barclays research that same year found that 76% of retail investors wanted to continue investing post-lockdown, too.

Is day trading legal?

Yes, day trading is legal. It is also ethical; however, it does require investors have the right understanding and insight, given the fast-paced, active nature of day trading and the very real possibility of losing money.

As with any type of trading, as a day trading beginner, you need to do your research, understand your trades before you make them, and spend plenty of time training on a free demo account before you put your own money on the line.

It's also important that you trade with a broker that's regulated by the FCA, as this will ensure that they operate to strict standards that protect you while you trade.

How does day trading work?

Day trading works by buying a stock or opening a position at a point in the day, then selling the stock or closing the position later that same day before the market closes. Day traders aim to make money from these trades, buying low and selling high, or predicting the short-term movements of stocks. As such, day trading is very much a behaviour based entirely on price volatility.

Given how small intra-day price movements are, day traders make small amounts of money on each trade that nevertheless compound over time, trade substantial amounts of capital at once to magnify their profits, often buying on margin (borrowing money) to do so. As a result, day trading requires plenty of attention and a strong appetite for risk.

How do I start day trading?

Learn to day trade - Using guides such as this one, our forex day trading guide, and stocks day trading guide, gain an in-depth knowledge of what day trading is, how it all works, and how to successfully do it using a range of strategies. If you don't have a good understanding, your chances of losing money will increase. Open a demo account - A demo account lets you place trades and learn how to use trading platforms without risking any of your money. That makes it great for beginners to day trading. Once you know the ropes, create a free account. Choose a platform - There are several day trading platforms to choose from, including MetaTrader 4, NinjaTrader and Trading Station: learn which is best for you. Select your instruments - By now, you should understand the different financial instruments you can trade, shares, forex, indices and CFDs. It can be good to specialise in one type so you can become an expert in a single niche, so consider picking one. Choose positions and set goals and controls - To prevent spiralling losses, you need to set what your trading goals are when you choose your positions. 'Making lots of money' won't cut it here: have a clear number in mind when making each trade and, when value increases or decreases to that level, sell or buy as appropriate. Automated order controls like stop-loss and stop-limit orders can be helpful here. Make your trade - Now that you have the right understanding and a clear plan, you can place day trades confidently.

What day trading taxes do you need to pay in the UK?

There are several potential taxes of which day traders need to be aware. It's important to note that everyone's tax situation is different, though, so to be completely sure of what your obligations are, consider contacting HM Revenue & Customs (HMRC).

Firstly, HMRC rules state that day traders may need to pay capital gains tax when they sell a financial instrument and gain money as a result. These tax implications apply to shares and investments that aren't held in an ISA or PEP, units in a unit trust, or bonds (though not premium bonds or qualifying corporate bonds).

Typically, capital gains are paid on all profits exceeding £12,300. If you are a basic-rate taxpayer (earning up to £37,500), you pay 10% on your gains. Higher-rate individuals earning £37,500 or more pay 20% capital gains tax.

When submitting your tax return, you can reduce your tax bills on day trading by deducting your losses and costs (such as stockbroker fees) and applying for any tax relief for which you may be eligible.

For a clearer idea of whether you need to pay taxes when day trading, use the government's calculator and, failing that, contact HMRC.

How do you make money from day trading?

Planning - Before you start your trades of the day, you need a plan. Work out what you want to trade, the criteria for which you're looking, what buying and selling signals you wish to use, and whether you have any strategies in mind. An understanding of any economic events occurring that day (such as data releases) may help to inform your decisions. Practice - Using a demo account to simulate your trades will let you try out different strategies across a wide range of market conditions. This will provide you with greater confidence when you place real trades later down the line. Using plenty of educational resources is also a great idea. Scaling - Starting small is the best start for day trading beginners. Once you get the hang of things, you can increase the amount that you trade in line with your confidence. Limiting - Even the best traders make a loss on some of their trades, so limiting their damage is vital. Using limit orders, you can cut your losses at a specific point, preventing your losses from spiralling out of control. Limits can also be used to enter the market, letting you quickly adopt a potentially fruitful position.

Do I need a day trading strategy?

Trend trading - Using cyclical price movements and successive trend signals to make positions on the market. These can be due to real-world factors or based on technical analysis. Range trading - This is a day trading strategy that involves buying and selling financial instruments between the floor and ceiling of their price: the lower or upper limit of their value over a certain period. Working out these ranges based on historic data, traders can then predict whether a security is worth buying or selling. Scalp trading - This sees traders make trades over extremely short periods of time, taking many tiny profits which add up over the long run. Scalping takes advantage of volatile markets and small price movements.

Is day trading worth it?

Day trading can be worth it for several reasons.

First, it is an easy type of trading with which to get started, only requiring a trading platform, a broker account and knowledge of the security that you wish to trade.

Trades are resolved quickly, too, which can be beneficial for traders who don't want to wait a long time to sell and instead prefer to take advantage of short-term trends and pure volatility. Not having positions open overnight can also reduce the level of risk to which the trader is open.

Lastly, the ability to trade CFDs and engage in spread betting during a day means that day traders can benefit from leverage: borrowing capital to increase the size of their positions.

Day trading: things to consider.

Before you consider making money day trading, there are some drawbacks to consider:

First, like any kind of trading, there is an elevated risk that you could lose more than you invest. That's especially true on highly volatile markets, where in-depth technical understanding is often required to turn a profit. If you can't invest the time to learn, you may not see success.

Day trading also requires plenty of attention and concentration, which can be stressful, particularly if you don't immediately see success in your trades. Chasing profits can also breed a fear of losing out, alongside doubt in one's positions. Controlling your emotions and sticking to your plan is critical.

Lastly, making margin trades (using borrowed leverage) also means that you could lose more money than you put in when day trading.

What do I need to start day trading?

To get started as a beginner day trader, you need a few things. First, there's no need for a huge amount of capital - indeed, a demo account lets you practice trading the real markets for free.

Next, open an FXCM account and gain exposure to the markets. From there, you can begin day trading some of the world's most popular currencies, indices and commodities, backed by superb support and a huge range of educational materials , including free daily market webinars.

Get started as a day trader today. For more information, check out our support section.

FXCM Research Team.

FXCM Research Team consists of a number of FXCM's Market and Product Specialists.

Articles published by FXCM Research Team generally have numerous contributors and aim to provide general Educational and Informative content on Market News and Products.

Trade the News: View our Economic Calendar.

Popular Insights.

10 Largest Companies In The US Ranked By Market Cap.

The Dow Jones Industrial Average (DJIA) is one of the oldest and probably best-known stock indexes in the world. It is composed of 30 U.S.-based "blue chip" stocks, which change periodically based on market fluctuations and the fortunes of the individual companies. Four of the 10 largest U.S. companies ranked by market capitalisation were members of the DJIA as of 8 June 2022. However, all 10 are components of the S&P 500, which tracks the performance of 500 large-cap American stocks and is probably the most widely-followed stock index. These are the 10 largest publicly traded companies in the U.S.…

12 Of The Best Forex Trading Strategies.

Familiarity with the wide variety of forex trading strategies may help traders adapt and improve their success rates in ever-changing market conditions.

Introduction To Futures Trading.

A futures trading contract is an agreement between a buyer and seller to trade an underlying asset at an agreed upon price on a specified date.

The Most Popular Cryptocurrency Terms & Phrases.

Due diligence is important when looking into any asset class. However, doing one's homework may be even more important when it comes to digital currency, as this asset class has been around for far less time than more traditional assets (like stocks and bonds) and comes with substantial uncertainty. Conducting the proper research on cryptocurrencies may require a would-be investor to explore many areas. One area in particular that could prove helpful is simply learning the basic crypto terminology. Certain lingo is highly unique to digital currency, making it unlikely that traders would have picked it up when studying other…

Top 5 Cryptocurrencies Traders Should Know.

Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BTH) and Ripple (XRP) are leading cryptocurrency products. Each provides volatility and opportunity to traders. Learn more about them at FXCM.

What Are The Pros And Cons Of Forex Trading?

Forex trading is challenging and can present adverse conditions, but it also offers traders access to a large, liquid market with opportunities for gains.

What Is The Best Forex Trading Platform?

Determining the best forex platform is largely subjective. Trading Station, MetaTrader 4, NinjaTrader and ZuluTrader are four of the forex industry leaders in market connectivity.

What Is The Difference Between Trading And Investing?

Although similar in objective, trading and investing are unique disciplines. Duration, frequency and mechanics are key differences separating the approaches.

Thank you for entering your email!

Thank You.

Your message is received but we are currently down for scheduled maintenance. A specialist will contact you soon.

Form Submission Error.

There was a problem submitting the form. Please try again later or contact info@fxcmmarkets.com. We apologize for the inconvenience.

Disclosure.

Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.

Past Performance: Past Performance is not an indicator of future results.

Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

Popular Platforms.

Download.

Launch Software.

Accounts.

More Resources.

FXCM Policies.

Customer Service.

Trading Station Mobile.

FXCM Markets LLC ("FXCM Markets") is incorporated in St Vincent and the Grenadines with company registration No. 1776 LLC 2022 and is an operating subsidiary within the FXCM group of companies (collectively, the "FXCM Group" or "FXCM"). FXCM Markets is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services.

Risk Warning: Our products are traded on leverage which means they carry a high level of risk and you could lose more than your deposits. These products are not suitable for all investors. Please ensure you fully understand the risks and carefully consider your financial situation and trading experience before trading. Seek independent advice if necessary.

It is important that you read and consider the relevant legal documents associated with your account, including the Terms of Business issued by FXCM Markets LLC before you start trading.

The provided information is not directed at residents of the United States, Canada, United Kingdom, European Union, Hong Kong, Australia, Israel or Japan and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

All services and products accessible through the site www.fxcm.com/markets are provided by FXCM Markets LLC with registered address First Floor, First St. Vincent Banking Ltd Building James Street Kingstown St. Vincent and the Grenadines.

The FXCM Group is headquartered at 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom. Forex Capital Markets Limited is authorised and regulated in the United Kingdom by the Financial Conduct Authority. Registration number 217689. Registered in England and Wales with Companies House company number 04072877. FXCM EU LTD is a Cyprus Investment Firm ("CIF") registered with the Cyprus Department of Registrar of Companies (HE 405643) and authorised and regulated by the Cyprus Securities and Exchange Commission ("CySEC") under license number 392/20. FXCM Australia Pty. Limited is regulated by the Australian Securities and Investments Commission, AFSL 309763. FXCM AU ACN: 121934432. FXCM South Africa (PTY) Ltd is an authorized Financial Services Provider and is regulated by the Financial Sector Conduct Authority under registration number 46534. FXCM Trading Ltd. ("FXCM TL" or under its trade name "FXCM Israel), was incorporated in Israel, and its official registrar number is 515234623. FXCM TL is an authorized and licensed company, supervised by the Israeli Securities Authority.