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Live trading refers to the practice of buying and selling financial instruments, such as stocks, bonds, commodities, or currencies, in real-time during active market hours. It involves executing trades based on the current market prices and reacting to immediate market movements and news. Live trading requires quick decision-making, risk management skills, and access to up-to-date market data. Traders closely monitor price charts, indicators, and news updates to make informed trading decisions and capitalize on short-term price fluctuations. It can be an exciting and dynamic activity, but it also carries inherent risks and requires careful planning and strategy.