RE:Day traders can you really protect them?Well thats not me ... to much risk and volatility for me, I am the old fashioned investor, I have owned ALY for years , matter of fact I just transfered a number of shares ( in kind) from my RRSP to my TFSA and plan to hold for a long time into the future, time is on ALY side,
quote=Gulag2011]Definition: Day trader refers to the market operator who indulges in day trading. A day trader buys and subsequently sells financial instruments like stocks, currencies or futures and options within the same trading day, which means all the positions that he creates are closed on the same trading day. A successful day trader must know which stocks to trade in, when to enter a trade and when to exit it.[/quote]