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Day trading is a strategy focusing on capture the same day price actions and buy and close the positions on the same day. It is high risk and high reward trading strategy, which often can quickly generate +100% revenues in a matter of minutes, especially in the market opening or any news event. However, it could hit a pre-set stop limit (usually 50% of the entry price) in a matter of minutes as well.
Day trading usually is heavily relying on technical charts, news, and volume flows.
From Jun 2020 to Aug 2020, Moneypig Trading provided 364 live alerts on Twitter with an accumulated return of 28,819%!
The average return per alert is 79.34%!
231 out of the 364 alerts result in net gains, equal to a 63.46% winning rate!
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