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Showing posts from July, 2024

Intraday Trading: Benefits, and Risks Explained

  What is Intraday Trading? Understanding Its Pros and Cons Intraday trading, also known as day trading, involves buying and selling financial instruments within the same trading day. This strategy capitalizes on small price movements, allowing traders to profit from the market's volatility. Unlike traditional investing, where positions are held for longer periods, intraday traders close all their positions before the market closes, avoiding overnight risks. The Mechanics of Intraday Trading Intraday trading primarily focuses on stocks, but it can also involve trading in forex, commodities, and other financial instruments. Traders use various strategies, such as scalping, momentum trading, and range trading, to make profits within a single trading session.  Intraday trading strategies Key Aspects of Intraday Trading:  Benefits of Intraday Trading Leverage: Intraday traders often use leverage to increase their potential returns. Leverage allows traders to control larger p...