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Best techniques for Day Trading
Best techniques for Day Trading - Trends
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After understanding the need for risk and money management rules to protect capital because day trading relies on quick, accurate movements rather than long-term trends, traders have different trading strategies to rely on. Traders should consider using more than one trading technique to diversify risks. These trading strategies include moving averages, the MACD and reversion to mean techniques. Moving averages are constructed by taking the most recent bars (periods of time measurements--bars can represent seconds, minutes, days, weeks or months) and averaging the prices. Among the more common tools are traders who purchase ...
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