Day Trading Strategies That Work

I'm going to share with you some of my day trading strategies that work. I've been doing this for a few years now and there is a lot I learned from trial and error. I'll save you the trouble of losing money and give you what I've learned through my experiences. This market is rather large and growing rapidly. The typical daily volume is three trillion dollars and that should continue to grow as the market grows. Even though that is an encouraging sign, that doesn't mean that this is a cash cow.
I've seen a lot of people lose all their money because they lacked basic skills and strategies to protect their money and profit from it at the same time. Here are the lessons I've learned in my time.I think the most important day trading strategies must be applied during a specific time. This is a global market, which means you can trade anytime you want too, but the fact is that some times are more profitable than others.

You can simply break things down into the high volume and low volume times. High volume is when there are a lot of people trading and low volume is when barely anyone is trading. The high time is the best time to trade because there is stability caused by the high volume, unlike the low volume time.Automated software should be part of any day trading strategy because of it is an amazing tool. Like I said above, this is a 24hr market. You can't watch over your trades all the time. Liquidating everything at the end of the day isn't always the profitable thing to do. That's why I get software to watch the trade for me.