What is Day Trading?

Day trading is a popular short term trading style where the traders open and close trades on the same day with the intention of profiting from small price movements.

These traders pick a side at the beginning of the day, acting on their bias, and then finish the day with either a profit or a loss.

Day traders don’t hold their trades overnight.

Day trading is suited for forex traders that have enough time throughout the day to analyse, execute and monitor their trade.


You might be a forex day trader if:

  • You like to enter and exit a trade within one day.
  • You have time to analyse the markets at the beginning of the day and can monitor it throughout.
  • You like to know where you’re at with your trades at the end of each day.

You might not be a forex day trader if:

  • You don’t have enough time to analyse the markets and monitor them throughout the day.
  • You like longer or shorter term trading.
  • You have a day job.