A professional trader who relies on exchange-traded funds (ETFs) to hedge a position or to gain exposure on an intraday basis (i.e., within a trading day). A super hands-on active trader can invest in or divest out of ETFs within the same trading day, specifically for hedging purposes. A part of his overall trading strategy, such a trader usually capitalizes on leveraged funds that are designed to outperform some selected indexes manifolds.
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