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How long should you hold onto your daytrades for? Should you hold a day trading position overnight? How long should you hold a position

How Long to Hold on to Forex Trades in Day Trading Positions

How long does a short term trade last in forex? This is very subjective. You might have a plan where you want to hold the currency pair for 20 pips or say, 50 pips or even for multiple days. Here’s a quick tip for day traders. Say you are long – analyse what has been happening today including the highs and pullbacks and see if there are common themes. Don’t try to force what you want on the market conditions.

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