Stock Market Investors » Glossary of Stock Terms » What is a Day Trader?

What is a Day Trader?

Day trading is usually not recommended since it carries a high degree of risk. Day traders usually trade aggressively by connecting through the Internet with a broker or a terminal that is in turn connected to the office of the broker.

The major goal of day traders by making numerous trade transactions each day is to earn small profits.

To be a successful investor you need two main things - the knowledge and the right trading platform.

For a trading platform we recommend you try Zecco.
Zecco offers free stock trades, no account minimum, real time quotes, trading community, and is also insured and protected against loss by SIPC. Opening a Zecco account to benefit from $0 Stock/ETF trading is a smart idea. Free stock trades allow you to preserve more of your wealth and save money, which you can invest instead of paying brokerage commissions.

When looking to save money on trades in order to have more to invest, you should definitely check the promotion OptionsHouse is currently running. Open a new account and get 100 free trades.

For knowledge we can highly recommend you subscribe to the The Wall Street Journal.

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