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:
“We can remember as easily as the day we were born
The maggots we passed on the way and how the day bled
And the night too on hearing us, though we spoke only our childish
Ideas and never tried to impress anybody even when somewhat older.”
—John Ashbery (b. 1927)