#DayTradingStrategy **day trading** (intraday trading) is a risky but potentially lucrative strategy, especially on Binance with its advanced tools. Here are the essentials:
**🔹 The Basics of Day Trading on Binance**
✅ **Scalping** (quick profits on small fluctuations)
✅ **Breakout Trading** (playing breakouts of key levels)
✅ **Trend Following** (riding short trends)
**📊 Essential Tools**
- **TradingView Charts** (integrated on Binance)
- **Technical Indicators** (RSI, MACD, Bollinger Bands)
- **Futures & Margin Trading** (up to 125x leverage*)
- **Bot Trading** (via Binance API for automation)