Day Trader

Trading Basics

Day Trader

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

Other Trading Basics

Contango

This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.

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Abnormal Market Conditions

A term used by brokers to describe a rapidly moving or thinly traded market.

Depending on the terms and conditions, this allows brokers to examine and possibly change trades placed during these conditions.

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