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Day Trading
Day trading is the buying and selling of financial instruments (stocks, currency, futures, options, etc) within the space of a single day. If you are day trading, it means that if you open a position, you must close it before the end of the same session. A day trader might buy a stock or futures contract at the opening bell and then sell it an hour later or even less. Some forms of day trading involve holding positions for only a few minutes, under the assumption that the less time a position is held while stock trading, the less risk a day trader is exposed to. Day trading will involve the trader in a greater number of transactions than someone stock trading would make, although this will also depend to a large extent on what the day trader is trading, and what day trading opportunities arise on the day. Day trading individual stocks or SSF is still the most popular form of day trading.
Global Direct Services provides free access to information about Day Trading.
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