If you want to make big gains in currency trading you need to decide the term you want to trade here are going to compare day forex forex trade trend following and the clear winner is . . . Forex trend following. It 's really a contest not because trade is not working days. Before comparing the two permits to get rid of the myth day traders make money. You have seen all the fantastic track records - but they all have a problem and it is this disclaimer: "CFTC rule 4. 41 - hypothetical or simulated performance results have certain limitations. Unlike a record of actual results, simulated results do not represent actual trading. Moreover, because the routes have not been executed, the results may have under-or over-compensation for the effects, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is made that any account or is likely to achieve profits or losses similar to those identified ". Therefore, you will - track records are composed and that's why you see a track record of winning. Of course, if you have read the above doing a history looking back is easy, do it in real time is hard. Let 's compare the two methods of negotiation: Validity of DataOf course if you want to trade you need data and these data have to reliable. Forex day trade data simply is not. Why? All volatility within a day or a few hours is random. You can not trade that no matter how good your system is. The support and resistance in short periods of time is invalid and daily price moves can go anywhere. Once you move the following trend data for long enough periods for trade and the likelihood that is exactly what you need, to have a chance of success currency trading. LossesYou court may reduce losses in both, but because of the nature of its trade is going to have a lot of them. There is no real difference between the two discipline here that can sustain both small losses. Now we have to look at the benefits - you need these to cover their losses inevitable as the old saying goes so lets see what method is best. Running ProfitsThe day trader has a great amount of the loss of offices and get lucky and win Now and again, however, what we do day traders do? Cut! So have small losses (a bunch of them) and an occasional benefit to be small. What does this mean? An eventual Wipeout of equity. The trend follower has a clear advantage that can sustain their losses and run their small profits and can be enormous. Major trends in foreign exchange can last weeks or months and if they are held, the benefits can easily cover losses and make a great long-term gain. I known to people who follow the trend and lost 80% of the time - but making triple-digit annual gains because direct their profits. Finally . . . There is a huge industry that promotes trade online trading day as an easy way to riches - just follow the simulated back proven track record and win, but nobody makes long term. Day trading is promoted as low-risk, but in reality its tendency risk. Forex following if done properly, can help you achieve success currency trading and actually there is a contest between the two - if you want to earn money, try currency trend after day and forget trade . If you get the right currency and a sound education simple long-term trading system can enjoy commercial success.