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Day trading most commonly refers to the practice of buying and selling stocks during the day so that at the end of the day you don't hold any shares overnight; you sell as many shares as you buy. You make money on the difference between the purchase and sales prices. The main motivation for this style of trading is to make money every day so you don't sit on the shares , plus of course you eliminate the risk that the shares go down in value overnight. the motivation of thi...
During the heady .com days prior to 2001, (when Bush became president,) there were stocks, 3 arba 4 times a week that went up from 30 į 200% per dieną. It was possible, if you knew what you were doing, to check before the market opened to see which stocks were running in real time and why. Ir, if you then had a fast electronic brokerage system you could dive into the market, buy a bunch and sell them the same day. Apie 1% of people doing this consistently made money. I saw one private individual make a million in one day shorting Corel. And then there was somebody who lost a bunch hanging on too long to the WWWF IPO.
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