Best & Worst Daytrading Broker? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Best & Worst Daytrading Broker?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike Devour who wrote (56)	5/4/1999 7:23:00 AM
From: Cash	Read Replies (2) of 126

Based on what I've heard: Day trading... you have no positions at the end of the day Swing Trading... intraday to about 2 weeks (www.pristine.com does a lot of this) Short Term Trading... about 2 weeks to about 3 months Trading... about 3 months to 1 year Investing... more than a year At least that's my understanding. All the timeframes are subjective except day trading which is end of the day flat (longer starts into swing trading). This definition is key to me because my margin is 20:1 (or greater) intraday with no interest, but if I hold overnight, then my interest is 12% (per annum), so if I swing trade, only after my positions earn >12% annualized do I start to make money. And in day trading, there is actually a sub-category called scalping where you're in for just a few minutes or seconds, picking off 1/8s, 1/4s, etc. In on momentum, out on slow down of momentum.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next