#BTCBreaksATH ✅ What is day trading?
Day trading is the buying and selling of financial assets (such as stocks, currencies, cryptocurrencies, or futures contracts) within the same day. A day trader does not leave positions open for the next day but closes all their positions before the market closes.
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🔍 Elements of a successful day trading strategy
1. Choosing the right market
High liquidity stocks (e.g., AAPL, NVDA, TSLA)
Highly volatile cryptocurrencies (e.g., BTC, ETH)
Futures contract indices (e.g., Nasdaq, S&P 500)
2. Capital and risk management
Use a risk/reward ratio of at least 1:2 or 1:3
Risk a small percentage of the account (1-2%) on each trade
Use stop-loss and take-profit orders