This is a trading strategy in which the investor buys then
sells, or sells short then buys, the same security on the
same day in an attempt to profit from small movements in the
price of that security. The strategy is to take advantage
of rapid price changes to make money quickly.
This is a legal investment strategy; however, it is also
highly risky and should be reserved for more experienced investors.
Most of us do not have the wealth or time to make money by
day trading, much less the ability to sustain the devastating
losses that it can bring.
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