Day trading is the buying and selling of securities in the same day to attempt to profit on small moves in the market.
Day trading occurs when a traded instrument, such as stocks or currencies, is traded within a single trading day, a practice made easier for retail traders at the dawn of the internet era. By focusing on price momentum and technical patterns, day traders can hold positions from a few seconds to most of the trading day. Day trading strategies often employ setting stops and limits on each trade to minimise risk. Likewise, day traders often use leverage to take a larger position in the market than their capital allows, which can significantly increase losses as well as profits. Day traders can use multiple strategies including scalping, range trading, news trading and others.
The Toronto Stock Exchange (TSX) is Canada's largest and oldest equities trading and capital raising market. The TSX is part of TMX Group, which is a publicly traded company that operates several Canadian markets and clearinghouses for equities, cash, derivatives, fixed income and energy. The TSX dates back to 1852, when it was an association of 12 Canadian businessmen. The exchange was formally founded on 25 October 1861, when 18 stocks could be traded. In 1977 it became the world's first stock exchange to introduce computer-assisted trading. In the late 1990s it became the first exchange to introduce decimal trading…
Achieving success in the foreign exchange (forex) marketplace can be challenging. Nonetheless, traders from around the globe, both experienced and novice, attempt to do exactly that on a daily basis. Given the above-average failure rate of new entrants to the market, one has to wonder how long-run profitability may be attained via forex trading. Among the many ways that forex participants approach the market is through the application of technical analysis. By definition, technical analysis is the study of past and present price action for the accurate prediction of future market behaviour. The premier tools for the practice of technical…
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