Employing range trading strategies involves identifying and trading within established price ranges, with the goal of profiting from volatility and market fluctuations. Range traders buy and sell securities within a defined price range, taking advantage of predictable price movements and mean reversion. By using technical analysis and chart patterns, range traders can identify key support and resistance levels, and execute trades to profit from price movements within the established range. This strategy allows traders to capitalize on volatility, while managing risk and avoiding large losses.