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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: n2growthe who wrote (10075)	9/3/2000 12:06:03 PM
From: Tai Jin	Read Replies (1) \| Respond to of 18137

That's right, read Dan's post, he describes it clearly. Basically, overnight positions are not cleared until the end of the day you close them. Therefore, if you sold your overnight in the morning and then traded the stock again during the day then only the final closing trades are considered to be the closing trades of the overnight position. All trades in that stock prior to those final closing trades are new trades in that stock. So, yes, selling an overnight means going short if you continue to trade that stock. ...tai