Confused about the day trading regulations. When the market is volatile (like it is). Can I trade ETF’s in my IRA… buy and sell only once the same day, everyday? Will this trigger my account as a day trader? If so, does it matter?
Bobbie
Anyone have experience with good ones?
Darrel
I have requested my agents spin the media, like: “Oil future looks high, expecting to be in the range of $200 a barrel soon” But it does not work price up fast enough.
I have paid the mainstream media, the Think Tanks, and the major PR talking heads, to spin China and India (supply and demand) responsible for price hike, to deflect American public anger. But that does not go far enough.
Right now, I am extremely nervous and worried. I urgently need a prey to buy those “paper barrels” on my hording. So I can profit. But where can I find my prey ?
ADD:
Airline industry has requested and demanded Congress stop oil speculation. I have my lobby on Capitol Hill work the Senators and Congressmen around the clock. But I do not how long they can hold.
Airlines urge Congress to curb oil speculation
http://www.boston.com/business/articles/2008/07/12/airlines_urge_congress_to_curb_oil_speculation/
Clint
When I first started researching this book years ago, I visited some serious at-home traders who watched the markets at home with a satellite feed and called their orders in to a broker who then executed them at the CBOT…or whatever exchange.
Now the CBOT combines open outcry with a tandem electronic system. So would my trader still phone a broker to execute orders? Or would it be more efficient for her to execute those orders through her computer?
Clint
for example if i want to know how tomorrow’s market will react, from what time till what time’s (EST) should i look out for?
errr to the 2nd reply i m a technical trader isn’t that why i m trying to learn about the fundamentals a step at a time starting from futures? >_>
Burton
But charts are backward looking and not indicative of forward performance. It’s easy to look at a chart and say what you would’ve done to make a profitable trade.
On the other hand, riding on a trend based on current industry developments looks a more realistic approach.
Can anyone advise which is better?
Thanks!
Augustus