Active Daytrading

rkahn · 08-15-2007, 01:34 PM

I trade stocks every once and a while for myself. I am looking into potentially becoming a more active trader (day trading), yet the fees from companies like Scottrade/TD, etc make this difficult.

What is the solution that some of you have for this issue?

onlinesuccess · 08-15-2007, 02:48 PM

You should have the ability to purchase a large minimum amount of shares, say 1000 per order, IMO. I use this quantity each opening and trade the gap that are in the Nasdaq from afterhours trades that have stacked up for the opening bell. I expect 2-3% per trade and am in and out by 10am EST each day.

Others may have a much more extensive thought process, but, if I can gross $300-$600 per trading day for 1 hour of time it is okay by me.

theticktrader · 11-02-2007, 01:34 AM

Dont rule out daytrading futures either.. very liquid, low commish..

Good Trading

David

08-15-2007, 01:34 PM	#1
rkahn valued contributor weekly challenge winner Join Date: Aug 2007 Posts: 186	Active Daytrading I trade stocks every once and a while for myself. I am looking into potentially becoming a more active trader (day trading), yet the fees from companies like Scottrade/TD, etc make this difficult. What is the solution that some of you have for this issue?

08-15-2007, 02:48 PM	#2
onlinesuccess valued contributor Join Date: Feb 2007 Posts: 153	Re: Active Daytrading You should have the ability to purchase a large minimum amount of shares, say 1000 per order, IMO. I use this quantity each opening and trade the gap that are in the Nasdaq from afterhours trades that have stacked up for the opening bell. I expect 2-3% per trade and am in and out by 10am EST each day. Others may have a much more extensive thought process, but, if I can gross $300-$600 per trading day for 1 hour of time it is okay by me. __________________ Col 3:23 Ps 118:8

11-02-2007, 01:34 AM	#3
theticktrader new member Join Date: Nov 2007 Location: Richmond, VA Posts: 13	Re: Active Daytrading Dont rule out daytrading futures either.. very liquid, low commish.. Good Trading David __________________ Emini Futures Course - Guaranteed Results!

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