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 can recommend try you Zecco and TradeKing.
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.
TradeKing has been rated #1 Discount Broker by SmartMoney’s (the Wall Street Journal Magazine) annual US broker survey. It was also awarded the highest 4-star ranking in Barron's survey of Best Browser-Based Online Brokers. TradeKing platform features real-time portfolio information, advanced order entry, stock, option and mutual fund screeners, customized charting and alerts, volatility charts, a pricing probability calculator, free research and integrated news, and interactive educational information. Open a TradeKing account here

Article Tools
Rate this article : Low
  • Currently 3/5 Stars
  • 1
  • 2
  • 3
  • 4
  • 5
High
Bookmark this page (CTRL+D) :


Related terms: day traders, how to become a day trader, day trading stocks, day trader definition, stock day trader, what is a day trader, tools and tactics for the master day trader, day trading strategy