#DayTradingStrategy
Day trading, or intraday trading, involves opening and closing positions in the financial market within the same day, aiming to benefit from small price movements. It requires constant monitoring of trades and quick technical analysis to take advantage of short-term opportunities.
Scalping:
Seeks to obtain quick profits from small price movements, holding trades for seconds or minutes.
Breakout Trading:
Identifies key levels of support and resistance and trades when the price breaks those levels.
Trend Following:
Follows the overall direction of the market, opening positions in the direction of the trend.
Mean Reversion:
Trades based on the idea that prices tend to return to their historical average, buying when the price is below and selling when it is above.
News-Based Trading:
Analyzes the impact of economic events or news on prices and trades accordingly.