Questions tagged [day-trading]

To be used for questions related to trades squared off the same day and do not involved deliveries. Typically used in the context of Stocks trading, can be used for Options or other trades. Related tags are trading, trading-volume, online-trading.

Filter by
Sorted by
Tagged with
6
votes
4answers
2k views

Why don't traders place limit orders at all prices to be first in line when the price moves?

In markets with price-time priority, why don't traders enter limit orders at all prices, so that they could be first in line when the price moves? For example, if the current best bid is $10 and the ...
1
vote
1answer
55 views

What are SEC issues I should know about when using my automatic stock trading software?

I created software that does automatic stock buying and selling through Interactive Brokers' web/API. Does the SEC regulate this?
0
votes
1answer
34 views

Wash Sale Rule While Holding Initial Investment

I have a question for those familiar with the wash sale rule. I understand what it is, basically, if you sell shares of XYZ at a loss and buy it again within 30 days, you can't claim those losses on ...
2
votes
1answer
95 views

Can a day trading taxable income be more than the actual capital gain?

I've day-traded (in USA) actively during 2020, mostly short trades. Never kept positions overnight, so carried no positions into 2021 (and, similarly, no positions were carried from 2019 into 2020. ...
0
votes
2answers
49 views

If I show a total loss for the year, will I be impacted by wash rule disallowed losses?

I tried day trading after losing my job. With a $25k initial investment, I traded heavily for a few months using margin. I was up about $5k and then took a huge hit on some options when the market ...
1
vote
0answers
84 views

Day Traders from Germany/Europe? [closed]

I've recently taken a liking to the whole idea of trading and read some books on trading (day trading in particular). All of them suggested to do paper trading first and that's also my idea. I wanna ...
1
vote
2answers
95 views

Is it possible to have an individual brokerage account where taxes are paid on portfolio, not individual positions?

Suppose I have an individual brokerage account with a number of positions. As far as I found, the taxation takes place per position, i.e. I can be forced to pay tax even if the portfolio loses money. ...
-3
votes
1answer
196 views

Bought coin for $30k, sold at $40k, and buy more in $46k. Makes sense? [closed]

Numbers are for example. Does it makes sense to engage in such day trading? (For bitcoin)
-2
votes
1answer
61 views

Can I reverse flip a bad low win rate trading strategy?

Let's say I have designed a terrible trading strategy with a poor win rate of 20% or less. We are not risking more than 1% in a single trade and an excellent risk management and position sizing are in ...
0
votes
1answer
37 views

Capital Gains taxes [duplicate]

I used to be an amateur options trader and lost several thousand dollars over the past 2 years. I understand how the wash rule works but here is my question. Let's say I lost 150,000 dollars over the ...
1
vote
1answer
73 views

Does FIFO still trigger day trading? (using Robinhood)

I am using Robinhood and wondering how day trading is triggered and how first-in-first-out (FIFO) selling order works. I bought GME stock yesterday and bought GME stock today. If I sell 1 GME share ...
0
votes
5answers
271 views

What's stopping me “day-trade” mutual funds?

I invest monthly into several funds, such as this one. Last week, I noticed a new fund I'd just invested a small amount into ($100) had grown by 12% in one week (now worth $112). I investigated the ...
1
vote
2answers
54 views

Offsetting capital gains with previous losses

I only trade options. Nothing exotic but just buying and selling CALLS and PUTS. So for example if I lost 30,000 USD trading options for the 2020 Tax Year. In 2021 I go on to profit 40,000 USD. Does ...
-1
votes
2answers
87 views

Options trading and wash rule

For example, I buy a PUT option on TSLA for 3000 dollars and realize it's not working and sell it to close for 2000 dollars. Thus I have lost 1000 dollars on this transaction. Within thirty days of ...
0
votes
1answer
229 views

Day Trade $25,000 again

If I have a margin Day Trade account, after some transactions/tradings there is only $25,000 cash in this account now. There are some cases for this Day Trade account I need to know its status. Please ...
1
vote
2answers
168 views

help me to understand the day trade requirements

I am new to the stock market and the Day Trade. I need your help to clarify some definitions (from Fidelity): "A Day Trade is defined as an opening trade followed by a closing trade in the same ...
1
vote
0answers
41 views

How do we trade and earn profits in future contracts? [closed]

Suppose there is a future contract with a market price of $100 and its lot size is 50, so can I purchase the lot at $100? And while selling before expiry or in intraday, suppose the price is $150, so ...
-3
votes
2answers
89 views

Stock market day trading etf new please help

I am really new to this and I need your help. Let's say I have 50k: I buy 100 shares of a stock, sell them at $5 profit for each share and do it again with 50K+plus. How much I made on the last trade? ...
0
votes
1answer
124 views

Does the Pattern Day Trader (PDT) rule apply on all brokers?

Does the Pattern Day Trader (PDT) rule apply on all brokers? or some brokers can ignore it
1
vote
2answers
431 views

Why did I pay a different price than the chart shows?

I bought a stock in paper trading. The chart showed that the price was $5 and I ended up paying $6.17. Did higher volume cause that? *I bought at 18:50(Central European Standard Time) on margin acc ...
0
votes
0answers
30 views

Difference between depth of market and the limit order book

In trading terminology, is there a difference between "depth of market" (DOM) and the limit order book? I suspect that they are the same because a limit order book shows the "depth"...
0
votes
2answers
136 views

Why wouldn't a stock sell below the bid-ask spread?

In the TD Ameritrade cellphone app and in the browser site (I tried both) in post market after hours, I can't seem to sell Facebook at $261.06 a share even though the bid is 261.30 and the ask was 261....
1
vote
3answers
2k views

TradingView and Thinkorswim have very different candlestick charts. Which one is correct?

I compared 30 minute candles for AAPL in two platforms: TradingView and Thinkorswim. I was astonished of the discrepancy. The differences are HUGE! Here are screenshots as of Sep 25 2020. TradingView: ...
1
vote
3answers
132 views

Viability of day trading stocks without using charts

When I learned about investing, I was told that the methods generally fall into two camps: fundamental analysis (annual reports, competitive advantage, intrinsic value, etc.) and technical analysis (...
0
votes
1answer
234 views

How does day trading work regarding waiting for funds to clear?

So, I understand the PDT rule, needing $25k in an account to day trade, however... If a person is day trading, don't they need to wait 3 days to use that money again? Do they just have very large ...
14
votes
1answer
3k views

How is it possible that these deep ITM stock options on DISH went from 52,000 volume, 550 open bids, 550 open asks to being completely dead overnight?

I bought 16 years of historical hourly stock options data for my personal investment study to test how particular strategies may have played out over a long period of time. I'm looking at the data for ...
0
votes
1answer
93 views

Options flow? Is it worth it?

How do you effectively use options flow to make better trading decisions?
0
votes
0answers
41 views

Freeriding when trading in a cash account

I am trying to understand "freeriding" in a cash account. I have already read these SEC publications: Freeriding and Updated Investor Bulletin: Trading in Cash Accounts. The purpose of this ...
1
vote
1answer
75 views

Which of the following satisfy the pattern day trading rule?

I have confusion about the day trading rules. From below scenario, which is pattern day trading? I bought 1 Apple share in pre-market and sell it in the after-market hours (within same day). I bought ...
0
votes
3answers
109 views

How to take advantage of a trading opportunity

You hear or read something that makes you know 100% that a CFD market price or Stock Price of company X is going to go up or down ...there is no denying it ...(as a noob at trading) i wait until ...
1
vote
1answer
63 views

Why is Trailing take profit a non existent functionality from brokers

If i understand this correct a trailing stop loss line can be put between the current market price and what you bought it for and your taking an L on the trade ...etc... but why is the opposite ...
2
votes
1answer
386 views

Pattern day trading, margin, and day trade buying power

I have some questions regarding the rules surrounding pattern day trading, margin, and day trade buying power and how they interact with each other. Assume to following scenario: The account is a ...
0
votes
1answer
106 views

Question about BID vs ASK at the start of Day Trade

So I have been monitoring this IPO recently. Day trade starts and we are allowed to post bid and asks for 30 minutes before the market officially opens. I see asks for around 40 for 4500 shares. ...
0
votes
0answers
24 views

What is the meaning behind a candle, which has relatively smaller body and relatively higher traded volume?

I am not new to stock market, when when it comes to basics, I skipped that. I need to get a grasp about it to understand the working in a clean way. This is one of that. When I compare candle size and ...
1
vote
1answer
1k views

Does PDT transfer with you when you switch brokerages?

Robinhood classified me as a Pattern Day Trader (PDT). If I switch to TD Ameritrade, will my 90 day ban follow me? Worried that if I make a trade with TD Ameritrade then I try to sell it will ...
0
votes
1answer
63 views

What is a free or cheap Broker with Trading Software [closed]

I am fairly new to trading. Recently I watched some videos after joining Robinhood and I realized that Robinhood is fairly limited. I am looking for a broker company and software that allows me to do ...
0
votes
2answers
70 views

How to calculate average in intraday trading of NSE/NIFTY equity shares?

I am beginner in intraday trading of NSE equity shares in Zerodha. Sometimes I have failed to calculate the average when I trade the same shares multiple times during the same day. For example: ...
1
vote
2answers
703 views

“Day trade buying power” versus “Available to day trade”

on my Charles Schwab account I have 2 different fields: Day Trade Buying Power: $50,000 Available to Day Trade: $203,000 Can someone explain the different between the 2? Day trade buying power is ...
0
votes
1answer
47 views

Entering or exiting a position on “sell bid or sell ask”

I just have a question I’m curious about Lets say you are long ABC and you want to get out and you decide you want to sell on the bid Lets say the bid price is trading at 10 When hitting that “sell ...
0
votes
1answer
66 views

How to find targets in short term swing trade (0-3 days)

I am learning to trade in trending secondary markets. I am usually able to find support price but I can't find resistance price using the previous data. I typically use S&R in previous data to ...
1
vote
2answers
82 views

Trading with rsi index

Is the rsi index used for only day trading or it can be used for long term of few months/days/week? How reliable is it in your experience?
0
votes
2answers
67 views

What happens to a stop loss order if I don't have any underlying shares?

Let's say a stock "XYZ" is currently at 100$. I put a stop loss order of 95$. I own 0 shares of XYZ currently. The market moved down under 95$. What will happen? Will the order be cancelled or will it ...
0
votes
2answers
104 views

How to tell whether an intra-day stock trend is about to reverse or not?

After I bought $3k worth of TSLA puts in the last ten minutes of the market today, I chickened out and sold them. My analysis was that the stock formed a double top pattern, albeit a vague one, so I ...
1
vote
0answers
50 views

Calculating returns with trading costs

This perhaps is an over simplification of calculating trading returns while including trading costs. I've made some assumptions - the commission for investing and extracting an investment is 1% and 2% ...
0
votes
2answers
173 views

Is Robinhood good enough for successfully day-trading relatively large positions ($20k~30k)

After I deposited all my money in robinhood to start day trading options, I was told that robinhood execution speed might not be good enough for successful day trading. My plan was to profit off the ...
1
vote
1answer
66 views

Settlement dates re pattern day trading stocks

I've been trading options on a pattern day trading account for a couple of years and now want to trade stocks. Options are settled overnight and funds available the next day. And day trading buying ...
0
votes
3answers
394 views

Can I day trade with €5,000 of savings?

I want to day trade as both a form of entertainment and income but I've read about needing €25,000 in your account and some things about being able to trade anyway. I don't really understand how this ...
1
vote
4answers
203 views

Sometimes the Time & Sales shows trades in between the bid and the ask. How is that possible?

White prints on the Time & Sales means that a trade happened in between the bid and the ask. How is that even possible? The only two answers that come to my mind are. There was a hidden order in ...
0
votes
1answer
133 views

Please can someone explain how SELL - ing works when it comes to trading

I am fairly new to trading and have been practising on demo and practise accounts. I feel confident enough to open a live account and start trading. But the idea of Selling still confuses me . From ...
0
votes
1answer
745 views

Can you buy and sell the same etf in one day, provided you have a starting cash and over 25k equity in your cash trade account?

I have a "You invest trade" cash account with over 25k equity and 10k cash in it, can I buy 10k worth of etf's (let's say SPY), and then sell it and buy again the same etf (SPY) let's say 5 times or ...