Day Trading πneeds a disciplined strategy to help you generate good money through the trade.
These are some general principles and common-day trading strategies.
βοΈEducate Yourself:
1. Attain comprehensive knowledge of the market
2. Arm yourself for the battlefield youβre about to enter
βοΈThe Tools:
1. Ensure adequate day trading facilities are available
2. Execute sales automatically as per the investment plan
βοΈTime Zone:
1. Be aware of a marketβs most volatile time slots
2. To seize fleeting opportunities is essential
βοΈRouting Orders:
1. Venues trying to match buy-sell can be time-consuming
2. Through direct market access, you can control the route
βοΈTypes of Orders:
1. Understanding market and limit orders are extremely crucial
2. Execution price plays a seminal role in determining profits
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Posted On: 22 Dec 2022 1:06 PM