Quote Originally Posted by alkeanAnidem View Post
The best and easy way to make $50 a day with forex is to diversify or limiting the risk factor. No matter how amazing the trade seems, you must not spend all your money on just one trade. Obviously, by winning that trade you will be making huge money, but if the same trade goes against you, you may end up losing huge.
This is a good strategy but if you are aiming to make money in a day, then you must be very good at monitoring different assets all at once because you might miss a sudden price change.