Do

you want to learn Intraday forex trading effectively, but you are still

a newbie？ It is a condition where trading positions are opened and

closed on the same day.

It is very popular among both novice and

experienced forex traders. However, most traders will be confused about

determining the benchmark size required for the execution of buys and

sells on the trading platform.

What is the ideal start-up capital？ How

many lots should be ordered？ Well, here are some benchmarks that can be

used to learn intraday forex trading practice for beginners.

Ideal Minimum Capital is 200-500 Dollars

Many brokers offer the opportunity to

trade with super low capital, even only 1 dollar. However, you should

know that it is almost impossible to profit with such a small capital.

If it is free capital from the broker's

bonus, then it doesn't matter because it can be considered as a practice

account only. But if you have jumped into real trading, then a small

capital will be very inadequate.

Some traders consider the minimum

capital for profit to be 1000 dollars. It could be so, but according to

some sources, in fact the threshold is about 200-500 Dollars to learn

intraday forex trading.

That amount of money is enough for a

beginner. Make sure that it is suitable with your condition and budgets.

Dont forget to learn about money and risk management as well.

Trade 0.01 Lot to Learn Intraday forex trading

No matter how much your initial capital

is when you first learn intraday forex trading is, one rule that should

not be denied is: open each position with a size of only 0.01 lots. Is

it too small？

Indeed, 0.01 lot is very small and it

will take a long time to achieve high profits if you continue to trade

at such a size. However, remember that you are just learning.

Meanwhile, the capital deposited is real

money that has previously been accumulated with great effort. Do not

rush for profit. Practice your patience by diving into the market using

lot 0.01 first.

This does not guarantee that your

account will not be forfeited. But with this rule, your account will

likely last longer and there will be more to learn intraday forex

trading.

Don't Use Too Small Timeframes

Although many traders can also profit by

using 5 or 10-minute timeframes, but this is actually not suitable for

beginners. It is because the movement is very fast, so you may not

realize why you suddenly lose money.

That is essential if you want to learn

intraday forex trading. It would be more appropriate to practice trading

on timeframes that are a bit high, but not too high.

Usually, that is between 15 Minutes, 30

Minutes, or 1H. The three timeframes allow intraday trading, but traders

can also monitor market movements and conditions more closely.

Don't Trade Too Often

A beginner can be too excited to trade.

That make them want to open a position at any time and take profits

continuously. This is a passion that needs to be controlled.

Resist your trading passion, convince

yourself to open and close positions a maximum of about 3-5 times a day.

Dont forget to join a professional and legal best forex broker.

It is recommended to join Salmamarket

forex broker because it already has years of experience. You are able to

get accesses for all major trading instruments.

The services and technologies used are

so sophisticated, but it is still easy to use. Latest MetaTrader

technology is combined with Salmamarket to create the best and

comfortable services.

Join Salmamarket broker right now to experience its amazing facilities.

You can learn intraday forex trading properly and trade comfortably to

get more profits.