Definitions of day trade:
  • noun:   (business, finance) A transaction in which units of stock or other investment instruments are purchased and then sold within a single market day.
  • verb:   (business, finance) To engage, as a deliberate investment strategy, in the very short-term trading of stocks or other securities, by selling any given security within the same market day during which it was purchased.

(Definitions from Wiktionary)

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