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:
“My tender age in sorrow did begin:
And still with sicknesses and shame
Thou did’st so punish sin,
That I became
Most thin.
With Thee
Let me combine
And feel this day Thy victory;”
—George Herbert (1593–1633)