Day Trader
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| A very short-term trader who is usually glued to the monitor during market hours and enters and exits a trade during one trading day. The odds of success are very small unless the day trader has first perfected a consistently profitable trading plan for swing or position trades. | ||
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Additional Comments:
Read more about becoming a full-time stock-trader. Speculator who takes positions in currencies, which are then liquidated prior to the close of the same trading session or day.
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Related Terms: | ||
Position Trader Trades longer-term trends lasting from several days to several weeks. Trades for points, not for ticks. ... Swing Trader An individual who makes short-term trades where a stock’s price movement is in one direction; swing ... Speculator An investor or trader who is willing to take large risks for a chance to make ... | ||
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