The Day Trader
- Thread starter GreatPig
- Start date
- Joined
- 25 January 2006
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hmm...
i thought "the day trader" mean short term trading 1 to 5 day trading.
maybe what i do is not day trading after all.
i thought "the day trader" mean short term trading 1 to 5 day trading.
maybe what i do is not day trading after all.- Joined
- 23 June 2005
- Posts
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yer i have read almost every article by him and i just cant keep up with the trades as he uses only the three letter codes and i find it hard to reference the code with the heraldsun share list because they only use the names
- Joined
- 14 December 2005
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Hi and welcome love_option
I like your nic.....are you sure you're in the right forum?
Anyway, for whatever it's worth I think 'day trader' is a very loosely used term nowadays. For me, a true day trader doesn't hold any open postions over night and so only buys and then sells all holdings before the market closes on any given day.
'Traders' who hold stocks for a few days are really short term traders imo but I think we're just splitting hairs. Most traders are a combination of day and short term traders since at some stage they will most likely buy and sell holdings on the one day whilst at the same time having holdings at least 1 day old.
Just my
worth...
cheers
bullmarket
LOVE_OPTION said:hmm...
i thought "the day trader" mean short term trading 1 to 5 day trading.
I like your nic.....are you sure you're in the right forum?
Anyway, for whatever it's worth I think 'day trader' is a very loosely used term nowadays. For me, a true day trader doesn't hold any open postions over night and so only buys and then sells all holdings before the market closes on any given day.
'Traders' who hold stocks for a few days are really short term traders imo but I think we're just splitting hairs. Most traders are a combination of day and short term traders since at some stage they will most likely buy and sell holdings on the one day whilst at the same time having holdings at least 1 day old.
Just my
worth...cheers
bullmarket
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