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.
Traders who participate in day trading are called day traders. Traders who trade in this capacity with the motive of profit are therefore speculators. The methods of quick trading contrast with the long-term trades underlying buy and hold and value investing strategies.