Day Trading

You’re not normally a rule-breaker. But violating the pattern day trader rule is easier to do than you might suppose, especially during a time of high market volatility. Don’t let this happen to you. Here’s what you need to know. First, a hypothetical. Suppose you buy several stocks in your margin account. Minutes or hours later, you change your mind about a few of your purchases, so you sell them. Your “round trip” (buy and sell) trades all took place on the same trading day. If you execute four or…

Are you tired of the traditional 9-to-5 workday and looking for a way to make some extra income on the side? Have you ever heard of day trading? Day trading is a popular method used by individuals to earn money through buying and selling stocks, currencies, or commodities within a single day. But before jumping into this fast-paced world of finance, there are certain things you need to know. In this article, we’ll cover everything from what day trading is and how it works to the basic strategies that can…