#DayTradingStrategy
Key Day Trading Strategies:
1. Scalping:
Opening very small positions (seconds to minutes).
Profit from very minor price changes.
Requires high liquidity and speed of execution.
2. Momentum Trading:
Entering when there is strong news or high trading volume.
Exiting when momentum is lost.
3. Support and Resistance Trading:
Buying at support and selling at resistance.
Can be combined with indicators like RSI or MACD.
4. Breakout Strategy:
Entering when the price breaks a resistance level or a strong support.
Depends on confirmation from trading volume.
5. Moving Average Cross Strategy:
Such as the crossover of the 9 EMA and 21 EMA for entry and exit.