#DayTradingStrategy Daily trading (Day Trading) on Binance is a strategy that relies on buying and selling cryptocurrencies within the same day to achieve profits from short-term price movements. This type of trading requires constant market monitoring, precise technical analysis, and quick decision-making. From my experience, I have found that day trading can be profitable, but it is psychologically exhausting, especially with sudden market fluctuations. Yes, these fluctuations play on nerves and psychology.
In the beginning, and until now, I did not use stop-loss orders and risk management, and I did not focus, despite the recommendations, on high liquidity currencies like BTC and ETH, but I entered other currencies. The most important thing is to learn the importance of discipline and avoiding greed, as small mistakes can lead to significant losses. Day trading is suitable for those who are dedicated and have a good level of experience.