Short-term trading can be very lucrative, but also risky. It can last for as little as a
few days to as long as several days or weeks. To succeed at this strategy, traders must
understand the risks and the rewards of each trade. They must not only know how to
spot good short-term opportunities, but also must be able to protect themselves from
unforeseen events. In this section, I will examine the basics of spotting good short-term
trades and show how to profit from them.