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View Full Version : Daytrading



capperjohn1
07-15-2005, 03:37 PM
It seems a few here daytrade. How much do you guys normally start with (cash) in a day and how much profit do you want in a day? Obviously enough to cover transaction fees. But just wondering what you consider a good day...

RJeremy
07-15-2005, 04:03 PM
i don't day trade as it's really meant. i'm not buying and selling stocks a couple times a day.

i hang on till i get the gain i want, then sell. maybe 2 months, maybe 2 years

BettorsChat
07-16-2005, 06:59 AM
It seems a few here daytrade. How much do you guys normally start with (cash) in a day and how much profit do you want in a day? Obviously enough to cover transaction fees. But just wondering what you consider a good day...

At first breaking even

After that anything above breaking even.

MASTERJAX
07-18-2005, 09:13 AM
I normally dont day trade, but there are some stocks that I have had for a long time that peaked high...so I sold and then they dipped back down, so I bought back in. I have day traded 300k in a days time. As a norm I like to make a 5% return on day trading. But the old saying is you cant go broke taking a profit!

rented mule
08-06-2005, 07:26 PM
Remember that if you want to daytrade, you have to have $25,000 of equity in your account or you are limited to 3 daytrades within a 5 day period. If you exceed 3 within 5 days and you have less than $25,000, you will not be able to open any more positions until you bring your equity above $25K.

That is for margin accounts, by the way. If you have a straight cash account, the rules don't apply, but you will not be able to short stocks.

moondog22
08-06-2005, 08:18 PM
Remember that if you want to daytrade, you have to have $25,000 of equity in your account or you are limited to 3 daytrades within a 5 day period. If you exceed 3 within 5 days and you have less than $25,000, you will not be able to open any more positions until you bring your equity above $25K.

That is for margin accounts, by the way. If you have a straight cash account, the rules don't apply, but you will not be able to short stocks.How often do you trade using Swing?