#TradingTypes101 greetings to everyone.

"Day trading" or "intraday trading" is a trading strategy that involves buying and selling financial assets (such as stocks, currencies, commodities) within the same trading day. The goal is to make profits by taking advantage of small price fluctuations in the short term, closing all positions before the market closes.

Here is a more detailed explanation:

Objective: Day trading aims to generate profits by taking advantage of short-term price movements.

Duration: Trades are opened and closed within the same trading day.

Assets: One can trade a wide variety of assets, including stocks, currencies, commodities, and cryptocurrencies.

Analysis: It requires continuous analysis of the markets and assets to identify buying and selling opportunities.

Risk: It is a strategy with a higher level of risk than long-term trading, due to market volatility and the speed of trades.

Timeframe: Short timeframes, such as 15 or 30 minutes, are often used to identify quick price movements.

Strategies: Various intraday trading strategies can be applied, such as trend trading, scalping, and mean reversion.

Leverage: Many day traders use leverage to amplify their profits, but it also increases the risk.