Intraday trading is a very popular trading strategy. As the name suggests, it involves buying and selling stocks within a single day.
The key to intraday trading is keeping up with global stock market news that could affect the value of trading stocks prices.
You need to be on top of things like supply and demand, market sentiment, economic news, global events, stock market open/close times, company announcements, the performance of other stocks in the same market sector… the list goes on.
For an intraday trading strategy to be successful in the stock market, it’s important for you to stay informed and understand why a stock’s price fluctuates over time.