Day trading in the stock market is a type of trading where a trader buys and sells financial instruments (such as stocks, options, futures, or currencies) within a single trading day, with the aim of making profits from short-term price fluctuations.
Typically, day traders use technical analysis tools to identify potential trades, and they often use leverage to amplify their gains. Day trading requires a lot of discipline, focus, and risk management skills, as the markets can be volatile and unpredictable.
Day traders need to be aware of market news and events that could impact their trades, and they must be able to make quick decisions based on real-time market data. It can be a fast-paced and high-pressure environment, but for those who are successful, it can be a lucrative career or a profitable side hustle.
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