#DayTradingStrategy : A Glimpse into the Tactics,
Day trading offers various strategies to capitalize on daily price movements. One popular tactic is:
*Scalping, which seeks tiny profits on ultra-short trades, sometimes lasting just seconds! It requires high execution speed and volume.
*Momentum Trading focuses on joining strong trends once they are identified, aiming to ride the wave of the movement.
*Range Trading operates within defined price limits, buying at the low and selling at the high.
*Breakout traders look to enter when the price exceeds key levels of support or resistance, expecting a significant movement in that direction.
*Finally, Mean Reversion Trading bets that extreme prices will return to their historical average.
Each strategy has its risks and rewards. Which one resonates with you more?