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What is day trading?
Day Trading refers to market positions which are held only a short time; typically the trader opens and closes a position the same day but positions can be held for a period of time as well. The position can be either long (buying outright) or short ("borrowing" shares, then offering to sell at a certain price). A day trader is looking to take advantage of volatility during the trading day, and reduce "overnight risk" caused by events (such as a bad earnings surprise) that might happen after the markets are closed.
Yet day trading is not all that complicated once you learn a simple, rules-based strategy for anticipating market moves, such as that taught at Online Trading Academy.
