---
title: "90% of retail investors actually don't understand what \"day trading\" means. Day trading ≠ high-frequency trading ≠ chasing rallies and killing dips, and it's definitely not \"gambling on intraday direction\"."
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000411211.md"
published_at: "2026-01-20T17:53:54.000Z"
author: "[老虎伍兹](https://longbridge.com/en/profiles/25495616)"
---

# 90% of retail investors actually don't understand what "day trading" means. Day trading ≠ high-frequency trading ≠ chasing rallies and killing dips, and it's definitely not "gambling on intraday direction".

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.