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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Richard Estes who wrote (1340)12/3/1997 1:22:00 AM
From: dunlurkin  Read Replies (2) of 12617
 
<I was just trying to see what was driving the "DAYtrading" surge, and why the out at
close was a basic rule. >

What's driving the "daytrading surge" is cheap commissions, instant electronic access to market information and executions, inexpensive quotes and charting software. This type of trading wasn't even possible a few years ago, and transaction costs made it practical only for exchange members.
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