This is the most popular style, balancing the dynamism of Scalping and the calmness of Swing Trading.
Essentially, a Day Trader opens orders and will definitely close all orders before the trading day ends or before going to sleep for the 24/7 Crypto market.
Their survival principle is: "Absolutely do not take orders to bed."
The analysis time frame, often looking at trends in the H1, H4 frames and finding entry points in the M15 frame.
🔷 Identifying characteristics:
They hunt for volatile waves occurring during trading sessions such as the US or European sessions. Usually, they place 1 to 5 orders each day.
Order holding time: A few dozen minutes to a few hours.
🔷 Advantages:
You have a healthy routine.
Turning off the computer means a good night's sleep, not waking up at 3 AM to check prices.
The profit per order is also thicker compared to Scalping, helping to cover trading costs better.
🔶 Disadvantages:
It still requires you to have a few hours of free time, with high concentration each day to monitor the charts and wait for the opportunity to pull the trigger.
Not suitable if your main job is too busy and you cannot use your phone/computer.
This article is for reference only and is not investment advice. Please read and consider carefully before making a decision.