#DayTradingStrategy
Day trading involves buying and selling financial instruments within the same trading day to profit from small price movements. Common strategies include scalping, aiming for tiny profits on numerous trades; momentum trading, riding strong price trends; mean reversion, betting on prices returning to their average; and breakout trading, entering when prices move beyond established ranges.
Successful day trading requires strong technical analysis skills, risk management (e.g., strict stop-loss orders), and robust discipline. Traders often use leverage and need sufficient capital to meet regulatory requirements (e.g., Pattern Day Trader rule in the US). It's a high-risk, high-reward endeavor demanding continuous market monitoring and quick decision-making