Intraday traders aim to capitalize on short-term price movements within a single trading day, allowing for the potential to generate quick profits.
By closing all positions before the market closes, intraday traders can avoid overnight risks associated with unexpected news or events that may impact prices.
It focuses on highly liquid assets, allowing traders to easily buy and sell positions without concerns about low trading volumes.
It provides traders with the flexibility to adapt quickly to changing market conditions, adjust strategies, and take advantage of intraday trends.
Intraday trading typically requires less capital compared to long-term investment approaches, as traders leverage smaller price movements to generate profits.
