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re: $PIP, $DRYS, $OCRX, $PULM discussion
Posted on 2/9/17 at 5:32 pm to Paul Allen
Posted on 2/9/17 at 5:32 pm to Paul Allen
Pro day traders aren't worried about fees because they're likely trading several thousand dollars at minimum.
Taxes is just part of it. The more they pay the more they've made.
ROBINHOOD has changed everything. Trading is free....so I can buy $100 worth of PIP without paying 15-20 percent in commissions.
BUT, you can only make three day trades in a five day span.
Day trade= buying and selling the SAME stock during the same trading day.
Taxes is just part of it. The more they pay the more they've made.
ROBINHOOD has changed everything. Trading is free....so I can buy $100 worth of PIP without paying 15-20 percent in commissions.
BUT, you can only make three day trades in a five day span.
Day trade= buying and selling the SAME stock during the same trading day.
1
Posted on 2/9/17 at 7:27 pm to bayoubengals88
Thanks for the info. Seems like I should dump Scottrade and use Robin Hood as a swing trader.
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