A day trader is a type of trader who conducts a sizable number of short- and long-term deals to profit from intraday price movement in the market. Profiting from very brief price changes is the goal of a day trader. Leverage is another tool day traders can employ to boost returns. However, when done improperly, it can also boost losses. Day traders typically hold their positions from just a few minutes up to a few hours. Day trading positions are closed before the end of the trading day, to avoid overnight or after hours risk exposure as a result of disappointing earnings reports and/or negative news. Day trading is an advanced style of trading.
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