Short-Term Trading: Day and Momentum Trading
In This Chapter
• Day traders dominate short-term trading
• The role of momentum traders
• Risks and opportunities of short-term trading
• Technological changes in short-term trading
Short-term trading, for the purposes of this book, refers to day traders and momentum traders. These two types of traders use essentially the same strategies. Many people who practice short-term trading still consider themselves day traders. Others (momentum traders) have expanded their view of short-term trading to include some longer holding periods of securities than day traders traditionally employ. Yet, most of what short-term traders do is day trading in every sense of the word.
Not Your Father’s Day Trading ...