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6 Basic Day Trading Strategies You Can Use

August 13, 2019 Leave a comment


wealthymattersDay trading or intraday trading, is speculation in securities by buying and selling financial instruments within the same trading day, such that all positions are closed before the market closes for the trading day.Day trading has been a time honoured way for enterprising individuals to accumulate capital and manage their living expenses while they go about building wealth.For certain personality types,day trading sure beats working at a jobby job !

Every successful day trader has his or her own personal style,that’s a variation or combination of the 6 basic strategies below. Moreover there is profit in being able to vary the strategies you use depending on various market conditions. Read more of this post

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Filed under Paper Assets Tagged with bandwagon effect, candlesticks, channel breakout, confirmatory effect, contrarian trading, day traders, day trading, demat account, fade technique, herding, intraday trading, intraday trading strategies, intraday trading tips, leverage, moving averages, news playing, postaday, price action, price bands, price bars, range trading, scalping, securities, share market, short selling, speculation, stock trading, trend following, trendline

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