Day trading opens and closes positions within the same session, so nothing is held overnight. It avoids swap charges and overnight gaps but requires continuous attention during the hours traded. Decision speed matters more, and transaction costs are paid far more often than in slower styles.
Forex glossary
Day Trading
Related term
Scalping
Scalping attempts to take very small price moves repeatedly, holding positions for seconds or minutes. Targets are short in pips, so the spread and slippage mak…
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