#DayTradingStrategy
One of the most important day trading strategies
1. Scalping
It relies on opening many trades in just minutes or even seconds.
Goal: To achieve very small profits from each trade, but they accumulate in the end.
It requires great speed and sharp discipline.
2. Momentum Trading
It relies on following news or sudden market movements.
The trader buys an asset that is moving strongly upwards or sells it if it drops quickly, expecting the trend to continue.
3. Breakout Trading
When the price breaks a significant resistance or support level, the trader enters the trade in the direction of the breakout.
It requires a good understanding of support and resistance analysis.
4. Pullback Trading
The trader enters the trade after the price temporarily retraces within a main trend.
Example: If the price is in an upward trend and a correction occurs, the trader buys at the temporary dip.
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