#FollowTheLeadTrader

Introduction to Day Trading

Day trading involves buying and selling financial instruments within the same trading day. Traders aim to capitalize on short-term market fluctuations, using strategies such as scalping or momentum trading. The goal is to close all positions before the market closes, avoiding overnight risks. Successful day trading requires in-depth market knowledge, quick decision-making, and effective risk management. Traders often use technical analysis, charts, and indicators to identify opportunities. While potentially profitable, day trading is high-risk, requiring discipline and a clear plan to manage both gains and losses. It's not recommended for beginners without adequate experience or risk tolerance.