Alumina is the common name given to aluminum oxide (Al2O3). Alumina is produced from bauxite, an ore that is mined from topsoil in various tropical and subtropical regions. The Bayer process, discovered in 1887, is the primary process by which alumina is extracted from bauxite.
Day Trading FAQs. Q. What is the definition of a Pattern Day Trader? A. FINRA defines a Pattern Day Trader as any customer who executes four or more day trades within five business days, provided the number of day trades is more than 6% of the total trades in the account during that period.
What is a 'Day Trader'. A day trader engages in long and short trades in an attempt to profit by capitalizing on the intraday movements of a marketâs price action resulting from temporary inefficiencies in the supply and demand of the moment. A day trader often closes out all trades before the market close and does not hold any open positions overnight.