#What is #day #trading. Before we delve into this let me give you a little overview: Create a free account and start day trading today https://jonnyblockchain.com Day trading can turn out to be a very profitable, providing you do it properly. But it can also be a very challenging for a beginner. Especially for those who haven't fully prepared a day trading planned strategy. Even the most professional day traders can make bad decisions and experience big losses. So, what exactly is day trading and how does it work? The Basics of Day Trading https://jonnyblockchain.com/ Day trading is the purchase and the sale of an asset, within a single trading day. It can be done in any marketplace. Day traders are typically well-educated in their field and well-funded. They use high amounts of leverage and short-term trading strategies to capitalize on small price movements in highly liquid stocks or currencies. Day traders watch for news events and analyse trading charts to detect short-term market moves. Day traders use numerous strategies, To help them make their trading decisions These strategies can include: Chart analysing, using indicators such as Bollinger Bands, Volume indicator, Moving Averages, MACD to name but a few the list goes on and on. Scalping, which attempts to make numerous small profits on small price changes throughout the day. https://jonnyblockchain.com/ Range trading, which primarily uses support and resistance levels to determine their buy and sell decisions. https://jonnyblockchain.com/ News-based trading, which typically creates trading opportunities from the volatility around news events. High-frequency trading (HFT) strategies that use sophisticated algorithms to exploit small or short-term market price moves. Sounds complicated and confusing to most people, But what if I told you that none of this was necessary. Sounds weird? I know. After all surely all of this is an essential part of Day trading. Because you need to know all this information to work out where the price is likely to go. Well, No! https://jonnyblockchain.com/ I carry out successful day trading decisions every day and I don’t use any of this information that most day traders use For instance, News events: you need to know Volume indicator: you don’t need it, Bollinger Bands: You don’t need them, Moving Averages: you don’t need them, MACD: you don’t need it, Mass Index: you don’t need it. In fact you only need ONE Tool in order to make your day trading decisions. To find out what that tool is, click below for more information Create a free account with full access https://jonnyblockchain.com/ ... https://www.youtube.com/watch?v=VuzT25ZLSI4