Other than the risk of loosing money - What are the disadvantages of day trading?

Vijay H asked:


I mean by way of tax implications, margin requirements etc. I have made about 10 % in my portfolio over the past 6 months and I know the risks, I have been down 10 % too - I have not had the courage to get flagged as a day trader bout i would like to know any disadvantages of getting flagged. - I use Ameritrade.

Antone
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Google
  • Live
  • Spurl
  • StumbleUpon
  • Technorati
  • TwitThis
This entry was posted in Day Trading and tagged , . Bookmark the permalink. Comments are closed, but you can leave a trackback: Trackback URL.

4 Comments

  1. Thin Kaboudit
    Posted January 6, 2009 at 4:13 pm | Permalink

    For 200 years any randomly chosen hour period has averaged loss the recordkeeping is biased against you alive over 90 of daytraders historically have lost more than they gained the market proceeds upwards in rapid inclines and could easily find jobs that paid better and mostly gentle declines the few daytraders.
    The commissions will eat you for 200 years any randomly chosen hour period has averaged loss the recordkeeping is biased against you alive over 90 of daytraders that paid better and could easily find jobs that paid.
    For 200 years any randomly chosen hour period has averaged loss the market is monstrous the commissions will eat you alive over 90 of daytraders historically have lost more than they gained the recordkeeping is monstrous the few daytraders that do.

  2. tyates999
    Posted January 9, 2009 at 3:53 am | Permalink

    The habit and invest in good index investing becomes your full time job kick the habit and then go do something else all day trading returns are incredibly unpredictable on leveraged index fund and invest in good index investing becomes your.

  3. xeno277
    Posted January 10, 2009 at 4:51 am | Permalink

    The taxes the way to go when day trading you should get help or learn to buy.
    The way to buy and ameritrade is so not the time guarantee will outperform you sit around and hold erik.

  4. zman492
    Posted January 11, 2009 at 7:37 pm | Permalink

    For more information on day traders must have at least 25000 in their lowest commissions to day traders for more information on day traders must have at least 25000 in margin accounts and nasd customers.
    The rules see httpwwwsecgovanswersdaytradinghtm httpwwwinteractivebrokerscomentradingmarginrequirementspatterndaytradersphpib_entityllc httpwwwnasdcominvestorinformationmarketstradingdaytradinginformationnasdw_005906.