Day Trading Explained Simply 🚀
Day trading is like making 'micro-investments' throughout the day to earn money from small changes in asset prices. The key is to be quick and make informed decisions.
Strategies to Navigate the Market 📊
Imagine the market is a big ocean, and you have different ways to fish:
* Scalping: It's like catching many very small fish. You make many quick trades to earn a little on each one, adding up the profits.
* Trend Following: Here, you ride a big, strong wave. If you see prices rising, you buy. If they fall, you sell (or 'short selling'). You take advantage of the momentum.