#DayTradingStrategy

Here's a concise 100-word overview of a core day trading strategy:

**Core Day Trading Strategy (100 Words):**

A common strategy focuses on **price action and technical indicators** within short timeframes (1-5 min charts). Traders identify key **support/resistance levels** and wait for confirmation (e.g., candlestick patterns, volume spikes) near these zones. **Breakouts** (price moving decisively through a level) or **bounces** (price reversing at support) signal potential entries. Strict **risk management** is paramount: each trade uses a predefined stop-loss (e.g., below support for a long) to limit losses, targeting profits at a higher resistance (aiming for a **favorable risk-reward ratio**, often 1:2 or 1:3). **Scalping** (tiny profits) or **momentum** (riding strong moves) are common tactics. **Discipline** in exiting losers and taking profits is crucial. Volatility is the trader's arena. ⚖️

**Key Elements Summarized:**

1. **Technical Focus:** Charts, levels, indicators.

2. **Short Timeframes:** Minutes, not days.

3. **Entry Signals:** Confirmed breakouts or bounces.

4. **Risk Management:** Stop-losses *always*.

5. **Profit Targets:** Based on risk-reward ratio.

6. **Discipline:** Essential for execution.