Day trading strategy represents the act of buying and selling a security within the same day, which means that a day trader cannot hold a trading position overnight. Day trading strategies include:
- Daily pivots
- Momentum trading
In case of performing day trading, traders can carry out numerous trades within a day but should liquidate all the trading positions before the market closes on said day. Important Note: The longer a trader holds a position, the higher the risk of losing will be. Depending on the trading style chosen, the price target may change.