A day trader is a type of trader who conducts a sizable number of short- and long-term deals to profit from intraday price movement in the market. Profiting from very brief price changes is the goal of a day trader. Leverage is another tool day traders can employ to boost returns. However, when done improperly, it can also boost losses. Day traders typically hold their positions from just a few minutes up to a few hours. Day trading positions are closed before the end of the trading day, to avoid overnight or after hours risk exposure as a result of disappointing earnings reports and/or negative news. Day trading is an advanced style of trading.
As we all know, 2022 has been a painful year, and it continues to be so. What works during a bearish market are a few strategies: shorts, inverse ETFs, holding cash positions and day trading. Today we take a look at ATXI and see how we day traded it. Watch this video to get the technicals. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is