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day trader |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.09 sec. |
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Day Trader A stock trader who holds positions for a very short time (from minutes to hours) and makes numerous trades each day. Most trades are entered and closed out within the same day. Notes: This is a highly speculative practice. The reality is that most day traders lose money.
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A former day trader, Weaver-Johnson founded the club to share her stock market knowledge with other professional women. Investors) have to battle the fear and greed,'' said Christopher Worsh, a professional day trader and editor of Day Trading It, a daily stock picking newsletter. In the late '90s, it was considered "cool" to be a day trader, to speculate on ridiculously overvalued companies and throw money at stocks you knew nothing about. |
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