By the Day-Hour strategy, the trader only trades the trend and looks for signals on smaller timerames. This helps to decrease risks and trade the trend.
Who is a day trader and how to become one? In this article, we study the main principles of day strategies and the qualities that a trader needs to trade successfully.
Day trading or intraday is short-term transaction on stock exchanges performed during the same trading session without roll-overs. This way of trading is quite peculiar, because this approach requires traders to consider all incoming information, such as news, statistics, external factors, and a lot of other events.