While it is not scalping or day trading per se, it is a profitable trade.
The more, the better. Riding the trend, in this case, means entering on pullbacks. Not So Fast, day trading is exciting.
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Once you have the basics, use a stock simulator to get your trading feet wet before heading into real-world day trading. The bigger the risk-reward ratio, the better. The latter is a trait common to all successful day traders. Finally, day traders have no directional bias. Breakout occurs when a stock rises above its resistance level a level it previously didnt seem to rise above and high volume generally accompanies this benchmark. Trading over a shorter time horizon has lower capital requirements than longer-term trading,.e., because the latter generally requires a sizable capital outlay.
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