Question by Gary W: what is day trading anyway?
Answer by raysor
Presumably buying and selling (selling and buying) within the same day. In the UK we would probably say trading or short term trading. Most traders (referring to people who don’t take stock up/ pay for it) deal on an extended settlement, for example T+10 or T+15 and sell before the settlement, again to avoid having to pay for stock. Of course a lot of this business may be moving to CFD or spread betting.
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