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.
Day Trading Versus Position Trading. Unlike position trading, day trading is hard because there are so many time frames above you that can impact your results. By contrast, position traders only have to consider the weekly and monthly traders above them who donât trade nearly as often. Becoming a day trader is like starting your own business.