Best day trading with vfxAlert

What is day trading?

Day trading usually refers to the practice of purchasing and selling security within a single trading day. The main goal of day trading is to receive the maximum profit in a short time period. Day traders are educated, smart and a bit adventurous people. They take this activity as a full-time job and pay attention to the smallest events that could influence the market situation. To earn a profit from the speculations the day traders use various scalping and intraday strategies. Day trading can be a risky and worthwhile practice if the trader understands the market situation in the right way. The situation on the market can change dramatically during the day, and day trading is a good possibility to obtain fast profit at the necessary moment. When the market volatility is high the trends change one another very quickly, and the long-term strategy in this situation won’t be useful.

How to become a successful day trader?

To become a successful day trader you have to take trading seriously as your career and be sure that trading won’t hinder your normal activities. Day trading requires the knowledge of market psychology and an understanding of the economic situation. Use these tips, and you can capitalize on small price movements that take place in highly liquid currency pairs.

Develop a working short-term strategy. Learn more about the work of different indicators and technical analysis.
Control your emotions and act with a cold mind. A day trader has to be quick in decisions, especially when the market volatility is high.
Day trading requires a professional software platform and a high-speed internet connection. Sometimes traders even buy multiple screens to display the charts and technical indicators that will provide your call and put signals.

What is vfxAlert?

vfxAlert is the application developed for novice and experienced traders. vfxAlert provides the analytical equipment that allows the trader to receive all necessary information concerning the current market state. Here the things that you can find in this software:

Real-time charts;
Indicators for different trends (zigzag indicator, pivot point indicator, volatility indicator, etc.);
Heatmaps;
Economic calendar;
Candlestick patterns;
Possibility to work with any broker.

Watch, how vfxAlert works.

Is vfxAlert suits for day trading?

vfxAlert is the perfect application for day trading. Using these analytical instruments you can estimate the profitability of the signal very quickly and easily. Heatmaps allow seeing how the price of a certain currency pair changes during the small-time periods (1 min, 5 min).

Let’s see how to use heatmaps and signal power.

Structure of vfxAlert signal

1. Asset — currency pair.

2. Price — price when a signal emerges. For adaptive algorithm is the open price of the current candle.

3. Time — time when a signal emerges. For adaptive algorithms the time since the last update.

4. Expiration — the time of the signal’s expiration.

5. Power — number of profitable options in the past with the current combination of indicators.

6. Signal — CALL or PUT options.

7. Algorithm — algorithm of signal generation.

8. Heatmap — Statistical winning percentage calculated for the values of the technical indicator on different timeframes.

How can I start to trade intraday with vfxAlert?

You can open the Free account and practice the day trading online or download the application on your computer. If you want to elaborate the good strategy for day trading, here are some variants for you

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