#DayTradingStrategy Day trading, also known as intraday trading, involves buying and selling financial instruments like crypto or futures contracts within the same trading day. The goal is to capitalize on short-term price fluctuations and accumulate small profits over multiple trades. Here are some common day trading strategies:

1. Scalping:

Focus: Making numerous small profits on minor price changes throughout the day.

Method: Traders use tight stop-losses, and leverage to execute high-volume trades, aiming for profits within minutes or even seconds.

Suitable for: Traders who can make quick decisions and thrive in fast-paced, highly liquid markets.

. Momentum Trading:

Focus: Identifying and capitalizing on strong price movements in a particular direction (upward or downward).

Method: Traders use technical indicators like moving averages, RSI, and MACD to confirm trends and enter trades when momentum is strong, exiting before it fades.

Suitable for: Traders who can identify trending assets and react quickly to market events.

example of momentum trading