Day trading is a popular Stock trading strategy in which traders open and close trades on the same day with the intention of profiting from small price movements.
It is important to note that Day Trading is classified as a short-term strategy and the traders don’t hold their positions overnight.
Day traders pick a Stock at the beginning of the day, then sell them within the same day with the goal of making a profit from price movements that happened within that day. When the market closes for the day, a day trader will have closed all their positions and realised their profits or losses.
And before you even ask, yes, it is risky.
Day trading is suited for Stock traders that have enough time throughout the day to analyse, execute and monitor their trade.
Track your progress, take quizzes and receive your trader certificates.