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Day trading is the purchase and the sale of an asset, within a single trading day.
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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.
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Range trading, which primarily uses support and resistance levels to determine their buy and sell decisions.
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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.
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