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Actually I take it back, its not obvious when the reversal will happen but if you're lucky enough to be there as it happens, you can jump on it. Still I would rather set a position at the start of the day and leave it rather than monitoring all day, not very interesting.

Yeah I think thats sensible, its just right now you can make massive profits/losses in no time whereas normally maybe you wouldn't. I don't really know why I'm dealing Forex either just started with it due to low spreads more than anything and swings are big and obvious

Yeah ok thanks. I learnt quickly that trying to trade with a min stop of 4 & limit of 6 just wasn't big enough for the conditions-was just trying to be cautious. I should also point out I am on a demo account and plan to stick with this for weeks/months until I see how I'm doing. But I am concerned that its quite addictive & if its real money, will I be able to pull the plug if I'm not getting anywhere or will I be deluded & continue to lose money-can't answer that yet.

I'm trying hard not to play with my stops/limits once set but if you have a significant profit in your eyes but it hasn't reached the limit is it ok to close early? Its hard to look longer term when you think, I could take it and run, until the next trade of course.. This is especially true in the conditions right now, maybe normally you play a longer game and expect things to happen at a more gradual pace?

Hi all, During this pandemic I have started to take an interest in day trading. I was wondering how day traders view the current trading climate, clearly it is very volatile, I have been looking at trading Forex mostly. Would a day trading strategy need to change significantly in the current climate versus more average conditions? Say for example I could be successful now can I be successful when markets are less volatile, is one condition easier than the other or do you just have to adapt? Unfortunately I only have the current climate as experience. I can look back at historical data but I can't simulate trading it. Thanks for the advice

Hi all, I'm trying out the demo spreadbet account and i keep finding that when i try to close a position it won't let me. Very frustrating when you come into profit & then you can't close it out. I should be able to close at any point right even if i have set a limit and stop? (not guaranteed stop). Luckily on my last two trades both hit my limits but i couldn't have intervened if i wanted to. Thanks for the help !