Glossary

Day trading

A style where positions are opened and closed within the same day; there is no overnight risk or swap, and session dynamics decide the outcome.

A day trader works on 5-15 minute charts around session opens and macro releases. The daily ATR, VWAP and previous-day levels are the main references.

Most prop firm evaluations suit day trading, though some rules ban holding positions overnight.

Related terms

Where it appears in the guides

Guides whose text uses this term; most frequent first.