Global Intra-Day Traders (GIT) are a specialized group of financial market participants employed by Global Financial Engineering, Inc. and Global Accountancy Institute, Inc. as Proprietary Traders. These traders make use of the company’s proprietary trading software, Global Algorithmic Trading Software (GATS), to engage in buying and selling various financial instruments on a global scale within a single trading day. They capitalize on short-term price fluctuations across different markets, time zones, and asset classes, such as stocks, currencies, commodities, and derivatives. Their primary objective is to generate profits from short-term market movements and close all positions before the end of the trading day.
Time Horizon: GITs focus on short-term trading, typically holding positions for minutes to hours. They avoid holding positions overnight to minimize exposure to unpredictable events and market gaps.
Market Knowledge: GITs possess deep understanding of global financial markets, their interconnections, and the fundamental and technical factors that influence asset prices. This knowledge allows them to identify and exploit short-term trading opportunities using GATS.
Risk Management: Effective risk management is crucial for GITs, as they often use leverage to amplify returns. They employ strict risk management strategies, such as stop-loss orders, position sizing, and portfolio diversification, to protect their capital and minimize potential losses.
Technology and Tools: GITs use advanced trading platforms, like GATS, real-time market data, and various analytical tools to execute their strategies. They may also employ algorithmic trading systems and high-frequency trading (HFT) techniques to gain an edge in the fast-paced markets.
Trading Strategies: GITs employ a range of trading strategies, including but not limited to, technical analysis, news trading, arbitrage, and market making. These strategies are designed to capitalize on short-term market inefficiencies and price discrepancies using GATS.
Benefits of Global Intra-Day Trading
No Overnight Risk: By closing all positions before the end of the trading day, GITs avoid the risks associated with holding positions overnight, such as exposure to unexpected news and events that can lead to significant price gaps.
Profit Potential: GITs can generate profits in both rising and falling markets by utilizing a variety of trading strategies and instruments, such as short selling and derivatives, with the help of GATS.
Leverage: GITs can use leverage to amplify their returns, potentially earning higher profits with relatively small initial investments. However, it’s important to note that leverage also increases the potential for losses.
Diversification: Global intra-day trading allows traders to diversify their portfolio by participating in different markets, asset classes, and time zones, which can help reduce overall risk.
Challenges of Global Intra-Day Trading
High Competition: The intra-day trading landscape is highly competitive, with numerous participants vying for short-term profits. This competition can make it difficult for GITs to consistently find profitable opportunities, even with the use of GATS.
Stress and Time Commitment: Global intra-day trading requires constant monitoring of the markets and quick decision-making. This can be mentally and emotionally taxing, and demands a significant time commitment from traders.
Complexity: GITs need to understand and navigate the complexities of global financial markets, regulations, and trading technologies, such as GATS. This can present a steep learning curve for new traders.
Costs: Frequent trading can result in higher transaction costs, such as commissions, fees, and spreads, which can eat into a trader’s profits.