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Old 06-07-2007, 12:46 PM
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This member is the original thread starter. Re: What are the types of daytraders?
Quote:
cooter
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a. I agree with the Daytrader description. Could be one, or several trades taken during RTH.

b. Your ballpark of 100 trades per day is off for your "Scalper" label. Dozens might be more like it.

c. I'd agree with your 100+ trades in the HyperScalper genre. If you're taking 1-2 ticks all day long, then you'd definitely need as low a commission as possible here (especially for black box auto trading).
Coot - so what do you call the guy that trades more than dozens but less than hundreds? There's a gap there that needs classification.

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