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Day traders typically flame out. But one study says there is an approach that is profitable. antoniodiaz / Shutterstock.com
Previous studies have shown that stock pickers who use day-trading strategies are likely to fail to beat stock market averages. But a new study says there might be a big exception to that rule. The opening range breakout strategy — in which traders try to cash in on volatility that often occurs at the beginning of the trading day — was consistently profitable during the years 2016 to 2023…
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