Intraday Trading : Definition, Working, Strategy and Risks
In the fast-paced world of finance, where markets fluctuate by the second, traders seek strategies to profit from short-term price movements. Intraday trading is one such approach that is becoming increasingly popular. Intraday trading, also known as day trading, is the purchase and sale of financial instruments on the same trading day with the goal of profiting from short-term price fluctuations. This article delves into the complexities of intraday trading, discussing its definition, strategies, risks, and key success tips.
Compared to traditional investing, which involves holding positions for a long time, intraday trading is very different. Day traders work on much shorter time frames, frequently completing several trades in a single day. Regardless of the general direction of the market, the main goal is to take advantage of volatility and profit from slight price fluctuations.
