A day trader is a financial trader who buys and sells shares within the same day, and does not carry any positions overnight. Day trading is a speculative activity in which financial instruments are bought and sold rapidly in an attempt to make small profits from each transaction. The term "day trader" is often used to describe someone who trades frequently, and closes out all positions before the end of the trading day. Some day traders use special software to analyze market trends and execute their trades. Others use more simple methods, such as following tips from newsletters or chat rooms. Many day traders work from home, using online brokerages to execute their trades. Some day traders are self-employed, and manage their own trading accounts. Day trading generally is not appropriate for someone with a full-time job or other commitments. It can be very stressful, and requires quick reflexes and constant vigilance.
There are many different daytrader services available, each with their own advantages and disadvantages. Some daytrader services allow you to trade with real-time market data, while others may provide you with delayed data. Some services also offer different features, such as charting tools or news alerts.
In conclusion, daytrader services can be a great way to make money in the stock market. However, it is important to remember that there is risk involved and you should always do your research before investing.