#DayTradingStrategy Day trading involves buying and selling financial instruments within the same trading day to profit from short-term price movements. A key strategy is "scalping," where traders execute numerous small trades to capture tiny price fluctuations. "Trend following" involves trading in the direction of the prevailing market trend, while "momentum trading" focuses on assets with strong recent price movements.

Effective day trading relies heavily on technical analysis, utilizing indicators like Moving Averages (MA), Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD) to identify entry and exit points. Crucially, strict risk management is paramount, including setting stop-loss orders to limit potential losses and defining a clear trading plan to avoid emotional decisions. Day trading is fast-paced and high-risk, demanding constant attention and disciplined execution.