Day trading is a type of trading strategy where traders buy and sell financial instruments (stocks, options, currencies, etc.) within the same day, with the aim of making a profit based on small price movements. Day traders use technical analysis and charting tools to identify potential trades and set stop-loss orders to limit their risk. Day trading requires attention to market conditions, discipline, and risk management skills. It is a high-risk and volatile trading strategy that should only be undertaken by experienced traders who have the knowledge and expertise to mitigate the risks involved.
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