1. Intraday Trading: The first method is to trade during the intraday moves, typically within the first 1.5 hours of the market opening. This period offers the best liquidity and volatility. With intraday trading, you don’t need excessive volatility; predictable movements are sufficient.
2. Overnight Trading: The second approach is to trade overnight. For this, you need a catalyst, such as earnings reports or significant events, to ensure volatility. Once you have volatility, the main question is which direction it will break out.
Key Considerations for Trading: