Srinagar, May 2 -- Currency day trading is an attractive career choice for many retail investors as these markets are open 24/5 and provide a unique opportunity to generate income even with a small budget. However, without proper knowledge and practice, it can be a risky endeavor. Let's analyze the topic and answer the following question: Can currency day trading generate a reliable side income?

Why currency day trading is so attractive

There are certain advantages of currency day trading such as low entry barriers, leverage opportunities, and high potential returns.

Forex markets are most liquid, meaning you can instantly buy and sell a currency pair, especially major pairs. There are trillions of dollars traded daily, and it is open ...