What is Day Trading?
- Day traders are active traders who execute intraday strategies to profit from a given asset’s price changes.
- Day trading employs a wide variety of techniques and strategies to capitalize on perceived market inefficiencies.
- Day trading is often characterized by technical analysis and requires a high degree of self-discipline and objectivity.
A True Day Trade is entered at the opening and is exited on the first to be elected; either a stop, a limit order or at the close. Making multiple trades during the day, some buy trades and some sell trades, and calling that Day Trading is a MISNOMER, that is actually Scalp Trading which is a whole different skill set.
TFYL enables you to identify the Direction of the Trade
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