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.

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2answers
217 views

If 90% trader lose money can you do opposite of what they do and make money? [closed]

Say you have a friend Bob that is bad at trading and loses money consistently. Can you take position opposite of Bob for example if he buys a stock you secretly short it and when he sells you cover ...
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1answer
106 views

Daily stock deals with high risk

I am new to stocks world. I was talking to someone few days ago, who is expert in stocks, and he was saying that in the morning when the stock market open, he starts his job by buying and selling X (...
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0answers
18 views

What is the disadvantage for trading stocks with access to real time data for only one exchange (Webull on Nasdaq)?

There is no realtime data for other exchanges like EDGX, ARCA, BATS, etc for Webull. I'm a bit concerned about this because if were a scalp trader, I would want good execution when reading the level 2 ...
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0answers
33 views

An Option order conditional to ticker price

On thinkorswim, preferably within ActiveTrader somewhere, is there a method for placing a Call/Put Market Buy that is triggered by the ticker's stock price reaching a specified value? (As opposed to ...
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0answers
22 views

Intraday margin rates from futures brokers

I think I have a decent grasp on how initial margin, margin calls and maintenance margin work, but FCMs/brokers add their own intraday margin rate, and I need to clarify exactly how to calculate the ...
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1answer
130 views

How to calculate a trailing stop loss for a gamma squeeze?

I'm pretty sure AMC is going to hit crazy prices in a couple of weeks to months. A Korean AI traded fund just dumped Facebook and Wallmart for AMC. Plus, I got in a pretty big fight with some ...
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1answer
66 views

Calculating an accelerating rate of growth as a formula

Suppose I start with a $1,000 trading account. During each 30 day period my account earns $1,000 in net profit from a trading strategy using one contract per trade. The max amount lost across any ...
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2answers
190 views

Is it wise to day trade without being subscribed to real-time data?

If data is delayed then am I literally trading on data or events that already transpired? How does that effect what I see on the DOM, the charts, time & sales? The bid/ask are always fluctuating ...
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1answer
62 views

What is happening during the maintenance hour of E-Mini S&P 500?

I'm trying to better understand the trading hours of the E-mini 500 S&P, which according to the CME Groups web pages are shown like this: This is, however, rather incomprehensible for anyone non-...
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0answers
97 views

How do you overcome the boredom (and loneliness) of Forex day trading? [closed]

I have two trading plans which I use to day trade in the Forex market for 2 hours a day (8-10 am UK time). Usually I will have between 2-4 valid trading signals each day. I have made more than 80 ...
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9answers
4k views

What is the point of using a limit order?

I'm pretty new to trading, more specifically day-trading, and on my paper trading account, I am given the option to trade at the market's current value vs. putting in a limit order. I could understand ...
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1answer
196 views

Pros and Cons of getting around Pattern Day Trader (PDT) rules

I have done some trading in my time, and I wondered how to get around the Pattern Day Trader (PDT) rules (this does not directly relate to me because I prefer swing or long-term investing.) I have ...
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6answers
7k 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 ...
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1answer
79 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?
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1answer
48 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 ...
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1answer
103 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. ...
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2answers
58 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 ...
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0answers
107 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 ...
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2answers
101 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. ...
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1answer
218 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)
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1answer
96 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 ...
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1answer
41 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 ...
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1answer
93 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 ...
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5answers
305 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 ...
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2answers
56 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 ...
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2answers
174 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 ...
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1answer
237 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 ...
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2answers
187 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 ...
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0answers
44 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 ...
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2answers
92 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? ...
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1answer
150 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
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3answers
549 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 ...
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0answers
40 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"...
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2answers
144 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....
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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: ...
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3answers
143 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 (...
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1answer
427 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
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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 ...
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1answer
106 views

Options flow? Is it worth it?

How do you effectively use options flow to make better trading decisions?
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1answer
78 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 ...
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3answers
114 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 ...
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1answer
70 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 ...
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1answer
483 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 ...
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1answer
112 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. ...
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1answer
2k 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 ...
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1answer
68 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 ...
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2answers
96 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: ...
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2answers
1k 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 ...
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1answer
73 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 ...
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1answer
71 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 ...