By admin on May 6, 2009 in day trading | 0 Comments
Something I’m trying to avoid now is being tagged as a “pattern day trader” by Ameritrade (or SogoTrade.)
So what does it mean to be a pattern day trader?
A pattern day trader is defined as someone who makes four or more “day trades” within five consecutive business days. The exception is if the total amount […]
By admin on Jan 31, 2009 in day trading | 1 Comment
The biggest swings in the stock market are in the penny stocks which can double or even triple in value in a single day. That’s exactly what happened with TLLE which was selected by the Day Trading Robot on December 16, 2008. It went up over 300% on that single day. As you can imagine, […]
By admin on Jun 8, 2008 in day trading | 0 Comments
There’s a ton of money being made in the stock market by day traders (even in downward markets) but most day traders barely break even or lose money. In fact only about 5% of day traders are successful. If you are already one of those 5% you are probably not reading this. If you want […]
