Hi Kosta,
Certainly money to be made day trading and ST trading, however it comes with calculated risks, many lessons along the way and constant structuring of your trading plan.
In 2017 I took losses of over $150k in two weeks because I was trading on emotion, fear of missing out and just plain stupidity. I had no trading plan. I then sat 12 months out of the markets learning, understanding and refining a structured trading plan which has helped immensely in becoming profitable annually.
This revolves around, in its most simplistic form - trading companies that have cash, utilising TA indicators around support and resistance for entries and exits, likely pending news events, liquidity which allows safe large entries and exits, discipline in not chasing / exiting immediately if trade moves against my position and lastly momentum stocks. There are many more factors of course, but this is a very short overview.
Best of luck with your future plans.
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