Many people like trading foreign currencies on the foreign exchange forex market because it requires the least amount of capital to start day trading. Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers. Forex trading can be extremely volatile and an inexperienced monet can lose substantial sums. The following scenario shows the potential, using a risk-controlled forex day trading strategy. Every successful forex day trader manages hoe risk; it is one of, if not the, most crucial elements of ongoing profitability. That may seem small, but losses do add how much money could you make with fortex, and even a good day-trading strategy will see strings of losses. Risk is managed using a stop-loss orderwhich will be discussed in the Scenario sections. Your win rate represents moneyy number of trades you win out a given total yyou of trades. Say you win 55 out of trades, your win rate is 55 percent. While it isn’t...