In whatever you do, it is always necessary to employ a carefully thought of strategy. A strategy is a set of methods and approaches which will be applied to the business plan. Normally, the success of any business venture relies on the strategy applied onto it. A poorly planned strategy always results to the downfall of the trade. In the currency day trading system, a well-planned strategy is needed. There are a lot of competitors thriving the market and if you’ve got some poorly thought of strategy in your midst, you will be left worrying about your own security.