#CEXvsDEX101 trader types
8. Day Trading
* Duration: Minutes to hours (positions are opened and closed on the same day),
* Goal: Profit from short-term price fluctuations.
• Characteristics: Day trading heavily relies on technical analysis,
price movements, and high liquidity. This style requires quick decision-making, intense focus, and strict discipline for risk management. They avoid holding positions overnight to eliminate risks associated with overnight fluctuations.