What is day trading?

Day trading is a type of trading strategy that involves buying and selling securities within the span of a single trading day. The goal of day trading is to make a profit through the rapid buying and selling of securities on the same day, rather than holding onto securities for a longer period of time. Day traders use a variety of tools and techniques to analyze market trends and predict price movements in order to make informed trading decisions. While day trading can be a highly rewarding approach to investing, it is also considered to be a high-risk strategy due to the large potential for losses.

This mind map was published on 23 June 2023 and has been viewed 89 times.