🕛Short-term (intraday) trading 🕛

17 Apr 2020

HELLO, MY DEAR FRIENDS!💋

🧾I continue sharring with you knowledge about trading . I hope my posts will be a little useful for new traders.
😘
Today let's talk about short-term trading.🕛

👉🏻Intraday trading - it's short-term trading, but number of transactions is less than with scalping.👆🏻

📌Basic principles for short-term (intraday) trading:

🔅Observation (if you can’t observe the charts and analyze their movement - "intraday" is not for you).

🔅Efficiency of thinking (at some point you need to see that it is time to enter the market and practically enter into it ).

🔅The experience of trading on the exchange is very important (without enough experience, you will not be able to fulfill paragraph 1 and paragraph 2).

🔅The ability to correctly set a “stop order” (the result of trading within a day depends on the correct “stop order”; otherwise, you will simply fix losses).

🔅Determine the exit point from the position (it is necessary to correctly move your “stop order” after the market movement, which, in the event of a change in trend, will fix your profit).

🔅Use no more than 5-10% of your deposit in total on “intraday”.

👌🏻Short-term trading or intraday trading is the beginning of the career of any trader.

For short-term trading, less initial capital is required, ✔and there is also an excellent opportunity for quick testing of selected trading systems.✔

I tried to give a very brief description of my vision of short-term trading.💪🏻
🥰I hope you were interested.

Thank you for support with like💘. And especially for the feedback.🌹🌹🌹
✍🏻✍🏻✍🏻Write in the comments, topics that you interest in, I will be happy to create a post on these topics.😘

Stay with me👍🏻
Love you💘
Your Rocket Bomb🚀💣