#DayTradingStrategy ⚡ #DayTradingStrategy: 5-Step Framework

1. Choose Your Market & Instrument

• Stocks, Forex, Crypto, Options, or Futures?

• Pick one to master before diversifying.

2. Setup: Pre-Market Scan

• Use scanners to find:

• High Volume Movers

• Gap Up/Down Stocks

• Earnings Releases

• News Catalysts

3. Trading Plan

Use a strategy like:

🔹 Breakout Strategy

• Buy when price breaks above resistance with volume.

• Stop Loss: Just below the breakout level.

• Take Profit: 2:1 risk/reward ratio.

🔹 Reversal (Mean Reversion)

• Watch for overbought/oversold conditions (RSI, MACD divergence).

• Confirm with price action.

🔹 VWAP Bounce/Break

• Trade around the VWAP (volume-weighted average price) for support/resistance.

4. Risk Management

• Risk only 1-2% of capital per trade.

• Use stop losses and trailing stops.

• Don’t overtrade—3–5 quality setups max/day.

5. Post-Market Review

• Journal trades (entry, exit, rationale, emotion).

• Review mistakes and successes weekly.