*⚡️ #TradingTypes101 – What is Day Trading?*
📌 *Definition:*
Day trading is the trading style where all positions are opened and closed on the same day. No sleeping with open orders! 😴❌
📊 *Main characteristics:*
- Trades last from minutes to hours
- High exposure to volatility
- Requires quick technical analysis
- Discipline and risk management are essential
💡 *Common tools:*
- Indicators like RSI, MACD, Moving Averages
- 1min to 15min charts
- Volume and candle patterns
⚠️ *Caution:*
- Not for the impulsive
- Avoid overtrading
- Always use Stop Loss!
🔍 Are you starting with Day Trading? Practice with a demo account first!
#TradingTypes101 #DayTrading #CryptoEdu #BinanceTraders