Day Trader

Trading Basics

Day Trader

Someone that trades in a short term time horizon. Typically, not leaving opening positions overnight.

Other Trading Basics

Averaging Down

Once an initial long trade is place this is the practice of opening additional positions at a lower price with the view of bringing the average opening price of the position down.

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Cost of Carry

The cost to a trader of maintaining a position. This might be in form of overnight financing on simple CFD trades but can also include the costs to insure, transport or finance on more complex trades.

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