Day Trading
This article is a brief introduction to Day Trading.
A basic definition of Day Trading is the buying and selling of financial instruments within a single day. This means that any positions that are opened in a market are closed by the end of the trading day.
The profit or loss (but hopefully profit!) for the day is then calculated from the balance of trades.
Many people would have become familiar with the term Day Trading from the era of the dot com boom - mainly because this was the time when technology became available to give the general public easy and cheaper access to the financial markets.
However, the truth is that day traders have been around for as long as there have been financial markets. (Read More…)