Valerka 🔵🟣🎩
@valerymaxx
1/2 Hi friends!☺️As you know I have been trading in @vooi-app terminal for a long time. I want to talk to you about trading strategies that can be used, what is important to consider in each. Let's start with day trading strategy👇 Day trading implies that traders open and close positions during one trading day. The main goal is to profit from short-term price fluctuations using technical analysis, news and other factors affecting the asset! Traders usually monitor price movements in real time, which requires considerable attention and practice. Decisions are made based on charts, indicators, trading volumes and other metrics to determine optimal entry and exit points. For example, by combining candlestick analysis patterns with indicators such as moving averages or RSI, all of which are abundant in the @vooi-app trading terminal. The key point is the ability to manage risk: setting TP/SL, to limit potential losses.
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Valerka 🔵🟣🎩
@valerymaxx
2/2 An equally important aspect is extensive study of the market and current news. We should be aware of events that can cause sharp price fluctuations, such as the release of macroeconomic data, or political events. This knowledge allows make more informed decisions. Psychology is just as important for intraday trading. Fear and greed can significantly affect decision making. That is why experienced traders develop and stick to predetermined trading plans. Day trading strategy requires not only technical skills and knowledge, but also high concentration, discipline and the ability to adapt to changing conditions. With @vooi-app we can practice on various DEX, and even in test mode using @Ostium 😊
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