Day Trading Guide — Strategies & Time Management

Complete intraday trading within a single session: strategies, timing, and broker selection.

Day trading closes all positions within a single session — no overnight risk.

Characteristics

Hold: Minutes to hours | Timeframes: 15M, 1H | Target: 10-50 pips | Frequency: 3-10/day

Session Strategies

Tokyo (low volatility): Range trading, mean reversion on USD/JPY, AUD/JPY.

London (highest liquidity): Trend following on EUR/USD, GBP/USD.

New York (high volatility): News-driven moves, London overlap is most active.

Techniques

1. Range breakout (Tokyo range → London break)

2. MA cross (10/30 period)

3. Pivot points from prior session

Risk Rules

1% per trade, 3% daily max, stop after 3 losses, close all positions before sleep.