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.
A day traders ultimate goal is to either buy low and sell high or sell high and buy low. They can take a position either long or short. A long is simply a trade that a day trader is betting will go higher in price while a short is a position that a day trader is betting will go down. Either is possible to execute in the live market. Enough of the beginning jargon let's get going with the market recap.