Day Trading
Day trading is the act of buying and selling stocks and/or currencies during the same trading day. While in the recent past day trading was a practice employed mainly by investment companies and big banks, lately many people employee day trading using their personal accounts. Day trading is usually done with stocks and currencies. There are many Canadian brokerages which offer stock trading for day traders.

There are 2 main types of day traders. The first group is the professional day traders which work for investment companies or banks, and the second group is day traders that work for themselves (either as individual or business). The professional day traders have access to a large array of financial analytical tools, financial information and they have serious financial backing. The amateur day traders don't have access to the tools and the funds the professionals have, but never the less some of them do day trading for living.

Day trading usually involves heavy leverage and in general is a very risky way to trade. Day trading is not for everybody, and anybody who wants to work as a day trader needs lots of skills and financial knowledge in order to succeed. This is especially valid for individual day traders, which don't have the financial tools and experience the professional day traders have.

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