Day trader refers to the hold time that a trader, trading in capacity of speculator, buys and sells financial instruments (e.g. stocks, options, futures, derivatives, currencies) within the same trading day, such that all positions will usually be closed before the market close of the trading day. This trading style is called day trading. Depending on one's trading strategy, it may range from several to hundreds of orders a day.
Read more about Day Trader: Types of Day Traders, Pros and Cons, Markets For Retail Day Traders
Famous quotes containing the word day:
“It was a real treat when he’d read me Daisy Miller out loud. But we’d reached the point in our relationship when, in a straight choice between him and Henry James, I’d have taken Henry James any day even if Henry James were dead and not much of a one for the girls when living, either.”
—Angela Carter (1940–1992)