#Trump100Days
Essential Components of Spot Trading Day
Market Analysis Techniques
Technical Analysis
Most day traders rely on charts and indicators to make decisions. They look at patterns, trends, and signals from tools like moving averages, RSI (Relative Strength Index), and MACD. These help spot potential entry and exit points. Good traders practice reading price charts to find clues about where prices might go next.
Fundamental Analysis
Though more common in long-term investing, fundamentals can also influence short-term moves. Economic news, such as jobs reports or interest rate changes, can cause rapid price shifts. For example, a surprise hike in interest rates might cause stocks to fall sharply—perfect for quick trades. Staying aware of news helps you avoid being caught off guard.
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