What is a day trader? Day Trader is a financial market player who does not hold his trading position for more than a day. They tend to open and close trading positions on the same day, no matter what happens. Because of such trading characteristics, daily traders can be categorized as speculators.
The main goal is to pursue daily profit as much as possible with high trading frequency. In general, there are two types of Day Trader, ie institutional traders and retail traders. Both are speculators, not investors.