#DayTradingStrategy
Essential components of any day trading strategy:
Determine the entry point based on support and resistance analysis.
Activate a clear stop-loss (illustrative example: 1–2% of capital).
Determine a logical profit-taking objective (illustrative example: 1.5 to 2 times the loss).
⚠️ These figures are for illustrative purposes only and may vary according to each trader's conditions.
Use technical indicators such as RSI, MACD, VWAP to support the decision.
Note: these indicators are not always accurate and should be tested across different types of markets.