What is day trading?

Day trading is the act of buying and selling stockswithin a very short window of time—we’re talking minutes or hours—with the goal of making a bunch of very small profits that will hopefully add up to big gains over time.

What makes day traders different from other stock market players?

What makes day traders different from other stock market players is how active they are in the market. Traditional investors and position traders tend to hold positions for years. Swing traders might hold a position for a few days or months. Most day traders don’t hold trading positions overnight. They tend to stay 100% in cash.

Is day trading a viable way to earn a profit?

Although day trading has become somewhat of a controversial phenomenon, it can be a viable way to earn a profit. Day traders, both institutional and individual, play an important role in the marketplace by keeping the markets efficient and liquid.

What are the different day trading platforms?

Day Trading Platforms Comparison Popular day trading platform tools include ladder trading, level II quotes, trade hot keys, direct market routing, stock alerts, streaming time & sales, customizable watch lists, and backtesting, among many others. Below you can find a trading platform comparison table of common tools and features.