4 tips for new day traders regarding what to focus on, strategies, developing consistency and time it takes to succeed. The Balance Essential Trading Tips for New Day Trader. Forex Strategy for Day Trading the Non-Farm Payrolls (NFP) Report. How to Day Trade Pre-Market Futures. 7 Best Day Trading Tips. There are so many tips that people will give you when embarking on a day trading career whether it’s Forex, Futures or even stock trading. I am going to skip the most common trading tips and list some day trading tips that I have found particularly useful over the years. 1. The 50 Pips A Day Forex Trading Strategy is designed to capture the early market move of GBPUSD or EURUSD but you can certainly experiment with other major currency pairs. It is a pretty simple day trading strategy but remember that many times, the best day trading strategies that work are actually simple in design which can make them quite robust.