Day trading

Making money on the stock market for non-professionals is often a high-wire act. For day traders, it’s often a passion measured in minutes.

In theory, the basic philosophy of day trading, a form of speculation where a trader buys and sells securities within the same day to make a short-term profit, sounds simple enough. With a goal of making money off the markets by profiting on short-term price changes, the idea is enticing enough that many individuals during the COVID-19 pandemic and ensuing lockdown and social distancing measures forced an upswing with day trading due to the economic shutdown and those looking to make supplemental income, according to www.money.com.

Stock phone applications such as Robinhood and Webull introduced the stock market to the general public making it more easily accessible and therefore trade stocks, currencies, and other assets with just a few clicks of a button.

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