Nigeria
2025-01-30 02:44
IndustryDAY TRADING
#firstdealofthenewyearFateema
Day trading involves buying and selling financial instruments within the same day to capitalize on short-term price movements. It requires quick decision-making, strong technical analysis skills, and risk management. Here are the key aspects:
1. Choosing a Market
Forex (MT4/MT5) – High liquidity, 24/5 market.
Stocks (MT5) – Volatility and volume are key.
Indices & Commodities (MT5) – Gold, oil, and indices can be profitable.
2. Trading Strategies
Scalping – Making multiple quick trades to profit from small price movements.
Breakout Trading – Entering trades when the price breaks key support/resistance levels.
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DAY TRADING
Nigeria | 2025-01-30 02:44
#firstdealofthenewyearFateema
Day trading involves buying and selling financial instruments within the same day to capitalize on short-term price movements. It requires quick decision-making, strong technical analysis skills, and risk management. Here are the key aspects:
1. Choosing a Market
Forex (MT4/MT5) – High liquidity, 24/5 market.
Stocks (MT5) – Volatility and volume are key.
Indices & Commodities (MT5) – Gold, oil, and indices can be profitable.
2. Trading Strategies
Scalping – Making multiple quick trades to profit from small price movements.
Breakout Trading – Entering trades when the price breaks key support/resistance levels.
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