The term day trading refers to the practice of buying and selling financial instruments. However it should be noted that it should be done within the same trading day such that all the positions are usually closed before closing of the market in the trading day. People who practice or participate in this type of trading are called day traders. A day trader actively searches … [Read more...]
Day trading Techniques
There are six common basic strategies by which day traders attempt to make a profit: 1. Trend following Trend following, a strategy used in all trading time frames, assumes that stocks which have been rising steadily will continue to rise, and vice versa. The trend follower buys a stock which has been rising, or short-sells a falling stock, in the expectation that the trend … [Read more...]