A daytrader is a trader who buys and sells financial instruments (e.g. stocks, options, futures, derivatives, currencies) within the same trading day such that all positions will usually be closed before the market close of the trading day. This trading style is called day trading. Depending on one's trading strategy, it may range from several to hundreds of orders a day.
An institutional daytrader is a trader who works for a financial institution.
A retail daytrader is a trader who works for himself, or in partnership with a few other traders.
An auto trader is the person who performs auto-trading, which stands for automated trading and the use of computer programs and other tools to enter trading orders.
A retail daytrader is a trader who works for himself, or in partnership with a few other traders.
An auto trader is the person who performs auto-trading, which stands for automated trading and the use of computer programs and other tools to enter trading orders.
by Kahless November 13, 2010