Day trading is a style of trading in the forex market. Day trading generally involves opening and closing trades within a single day. That means, open trades are not allowed to rollover to the next day. There are three trading styles that can be used to engage the forex market. They are:

1. Scalping
2. Day trading
3. Position or long-term trading

It is necessary to note that there is not one trading style that is more profitable than another. What brings profit has much to do with the individual trader and his trading system and less to do with the trading style. Scalpers make money, day traders make money, and position/swing traders also make money. What matters most is that traders choose a trading style that fits their personality. For instance, some people are comfortable with waiting for long time to see results in whatever they do,while some cannot wait and want results as soon as possible.

When day trading, traders should go for pairs that have high liquidity such as the major pairs. This is because these pairs will move faster than the other pairs, giving traders the opportunity to close with desired results at the end of the day.