Day Trader

A day trader refers to a person who buys and sells financial instruments such as stocks, options, derivatives, futures and currencies in the same day before the close of the market's trading day. This style of trading is called as day trading. It varies according to one's trading strategy which ranges from several to hundred orders a day. There are two kinds of traders. They are an institutional day trader and an individual day trader.

An institutional day trader refers to a trader who generally works for larger financial institutions. This kind of trader has lots of advantages than other individuals. This is because he or she has more resources and access to various research tools and equipments

An individual day trader refers to a trader who works for him or her .He or she works individually. He or she generally gets trades with one's own capital and manage his money.

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