Trading is the act of buying and selling financial assets like stocks, currencies, or commodities with the goal of making a profit. Day trading is a specific type of trading where all positions are opened and closed within the same trading day. Day traders focus on short-term price movements, aiming to capitalize on market fluctuations by executing multiple trades throughout the day. This fast-paced approach requires quick decision-making, strong analytical skills, and a deep understanding of market trends and technical indicators. While day trading can offer significant profit opportunities, it also involves a higher level of risk compared to long-term investing.
A candlestick is a type of chart used in trading to represent the price movement of an asset over a specific period of time. Each candlestick shows four key pieces of information: the opening price, closing price, highest price, and lowest price during that time frame. The “body” of the candlestick illustrates the range between the opening and closing prices, while the “wicks” (or shadows) extend to the highest and lowest prices. Candlesticks are popular because they provide a clear visual summary of market sentiment—whether buyers or sellers dominated—and help traders make informed decisions based on patterns and trends.
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