Day trading is a style where all positions are opened and closed within the same trading day, with no overnight exposure. Day traders typically make multiple trades per session, aiming to profit from intraday price movements. This avoids swap fees and overnight gap risk.
A day trader opens 5 positions on EUR/USD during the London session, each lasting 30 minutes to 2 hours. All positions are closed before the New York session ends, so there are no open trades overnight.
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