#trendtradinstrategy
**Day Trading Basics โก**
Day trading means buying & selling assets **within the same day** ๐ to profit from small price moves. Itโs fast-paced and high-risk!
**Key Fundamentals:**
๐น **Time & Focus:** Requires watching markets **full-time** ๐ (no overnight holds).
๐น **Technical Analysis:** Relies on charts ๐, patterns, volume & indicators (RSI, MACD).
๐น **Risk Management:** **Essential!** Use stop-loss orders โ to limit losses. Never risk >1-2% of capital per trade.
๐น **Volatility:** Needs liquid, volatile assets (stocks, forex, crypto) for opportunities.
๐น **Psychology:** Stay disciplined! ๐ง Cut losses fast & avoid emotional decisions.
๐น **Strategy:** Have a clear plan with entry/exit rules & profit targets ๐ฏ.
**Remember:** Most day traders lose money ๐ธ. Requires skill, capital & iron nerves!