3 Questions
Which of the following financial instruments can be traded in day trading?
Cryptocurrency
What is the main goal of day trading?
To make a profit from short-term price movements
When do day traders close their positions?
At the end of the trading day
Study Notes
Day Trading Basics
- Stocks, options, futures, forex, and cryptocurrencies can be traded in day trading
Day Trading Goals
- The main goal of day trading is to profit from the fluctuations in market prices within a single trading day
Trading Timing
- Day traders typically close their positions before the market closes for the day to avoid overnight risks
Test your knowledge on day trading strategies and techniques with this quiz. Learn about the basics of day trading, including buying and selling financial instruments within the same trading day. Challenge yourself to understand the goals and timeframes of day traders, as well as the importance of closing positions before the market closes.
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