day trading services

Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions will usually (not necessarily always) be closed before the market close of the trading day. Traders performing day trading are called daytraders.

Some of the more commonly day-traded financial instruments are stocks, stock options, currencies, and a host of futures contracts such as equity index futures, interest rate futures, and commodity futures.

Characteristics

Trade frequency

Although collectively called day trading, there are many sub-trading styles within the whole "day trading" tree. A day trader is not necessarily very active. Depending on one's trading strategy, it may range from several to even a hundred orders a day. Stock Market Day Trading - Swing Trading Newsletter - Short Term.

Some day traders focus on very short or short-term trading, in which a trade may last within seconds to a few minutes. They buy and sell for many times, making very high trading volume daily and receiving very deep discounts from the brokerage.

Some day traders focus on momentum or trend only. They are more patient and wait for a ride on the strong move which may occur on that day. They make far fewer trades than the abovesaid day traders.