Type of trading member who takes position every day and also liquidate it on same day is classified as
A
day traders
B
broker traders
C
non-position traders
D
commercial traders
Correct Answer: day traders
Type of trading member who takes position every day and also liquidate it on same day is classified as day traders. A day trader is a trader who executes a large volume of short and long trades to capitalize on intraday market price action.