http://www.wilmott.com/messageview.cfm?catid=8&threadid=37580 Got a good laugh out of this. A bunch of people too anal to call it day trading, looking for technical ways to explain it while skirting the "forbidden" territory of day trading. From a listing on Trader Daily: " Top tier investment bank seeks Strategist for FX High Frequency Trading desk in NYC and London." They can't exactly write: " Top tier investment bank seeks Strategist for FX Day Trading desk in NYC and London."