I always suggest daily forex trading. Meaning, you open and close position in the same day, no matter you gain profit or loss. It is called short-term forex trading. The reason for doing this is to avoid paying interest. Popular currency pairs (such as EURUSD) will charge an overnight interest if you leave open positions. Besides, open position (especially when you are losing), can really darken your day and effectively change your daily mood. Unless you have a substansial amount of money, say 10times from standard USD 10.000, always close your position in the same day!
