#DayTradingStrategy

Trading based on the immediate market reaction to significant news announcements (e.g., economic data, earnings reports, geopolitical events)

Discipline & Psychology:

    *   Emotional Control: Avoid impulsive decisions driven by fear (of missing out) or greed.

    *   Patience: Wait for your setup. Don't force trades.

    *   Consistency: Stick to your plan, even after a losing streak.

    *   No Revenge Trading: Don't try to immediately recoup losses.

Day trading is highly challenging and carries significant risk. A large percentage of day traders (often cited as 80-95%) lose money and eventually quit. It requires substantial capital, time, dedication, and a strong mental fortitude. It is not a get-rich-quick scheme and is generally unsuitable for beginners or those with limited capital.$BTC