Intraday trading: This trading type makes you buy and sell your stocks on the same day before the market closes. You need to track your market position the entire day, looking for a good opportunity to sell your stocks. Intraday trading is a great method of making fast profits provided you invest in the right stocks.
A trader sets buy and sell targets and sticks to them throughout the day. This is the best day trading strategy that suits traders who can quickly make decisions, act, and stick to them. Momentum Trading In this strategy, traders take advantage of the stocks whose price is rising.