| Day trading usually refers to the act of trading stock | | | | real time news service etc are some of the |
| within the same day. The traders who participate in | | | | commonly used tools. Doji reversal pattern is one of |
| day trading are known as day traders. Day traders | | | | the best proven ways to identify the points. |
| usually aim at maximum profit in the each and every | | | | Scalping, fading, daily pivots and momentum are |
| turns that undergoes every day. They trade based | | | | other day trading strategies preferred by the day |
| on certain strategies that suits with the changing | | | | traders. |
| market and economy condition. One of the | | | | Stop-loss is a major concept in day trading and is of |
| commonly used trading strategies is entry strategy. | | | | crucial importance if you are trading on margin. |
| This is commonly used by the retail day traders. | | | | Certain strategies use two kinds of stop loss, physical |
| They mainly look for the liquidity and volatility of the | | | | and mental stop loss. The former one is a kind of risk |
| available stock. According to this strategy, the profit | | | | tolerant that is essential in case of a loss. The later |
| or loss depends on the volatility factor. Liquidity is a | | | | kind helps you to get out of the position if any |
| trading factor that guides you to enter and exit a | | | | unexpected move happens. |
| stock trading at good price. Volatility refers to the | | | | Day trading is not as simple as you think. It requires |
| daily price fluctuation. | | | | great care and supervision. A simple carelessness can |
| In this strategy, once you have identified the kind of | | | | lead to lose in the trade. You can improve your |
| stock you are interested in, you need to recognize | | | | position only with high quality strategies and great |
| the possible entry points. There are many tools that | | | | experience. |
| help you to identify the points. Candlestick patterns, | | | | |