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Old 08-12-2010, 12:51 PM   #1

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A Question for Active Day Traders

Hello Everyone,

I wanted to ask the Day Traders out there is they have a list of stocks they trade on a regular basis?

I'm trying to gather a list of stock to trade on a regular basis.

Thanks in Advance
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Old 08-18-2010, 05:30 PM   #2

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Re: A Question for Active Day Traders

Hi,

It all depends on how you trade and what you are looking for.

There may be just one stock that you can trade regularly...

All the best,

Lukas
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Old 08-19-2010, 02:20 PM   #3

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Re: A Question for Active Day Traders

You can trade something that zips along like RIMM or you can trade slow and stead with GE- and everything in between (from stocks gapping, earnings plays, etc.).

That's one issue w/ stocks - finding your basket to trade that day - which is why you may eventually move over to futures where the basket to choose from is much smaller and can give you better focus.
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Old 08-19-2010, 02:50 PM   #4

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Re: A Question for Active Day Traders

The only problem with futures, is that you can not bid 100 shares... So for someone new, even RIMM is too risky, sice the volume is low, and the slippage is way too high.

Would be better to trade SPY or QQQQ for someone new. It is like trading index, but you can size the position.
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Old 08-20-2010, 09:26 PM   #5

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Quote:
Originally Posted by zapisy »
The only problem with futures, is that you can not bid 100 shares... So for someone new, even RIMM is too risky, sice the volume is low, and the slippage is way too high.

Would be better to trade SPY or QQQQ for someone new. It is like trading index, but you can size the position.
Both of these are great. Do you follow certain stocks too? If so you might want to follow the one that more closely aligns with your stocks. Having a handle on the broad market will help your stock trading a lot. I started trading these and liked the broad market so much I switched to index futures and more or less stopped trading stocks. But the q's and the Spy are great if the futures are too much for you to start
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Old 08-22-2010, 02:01 PM   #6

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Re: A Question for Active Day Traders

Quote:
Originally Posted by zapisy »
The only problem with futures, is that you can not bid 100 shares... So for someone new, even RIMM is too risky, sice the volume is low, and the slippage is way too high.

Would be better to trade SPY or QQQQ for someone new. It is like trading index, but you can size the position.
Yep, that's why I said eventually move over to futures.

There's also the PDT/$25k issue for some and if that's the case then futures or forex is the only option to daytrade.
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Old 08-23-2010, 12:45 PM   #7



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Re: A Question for Active Day Traders

I'll give you a few of my favorite movers - but like mentioned above a lot has to do with what your strategy is to whether these would be for you. However, with that said these have fit my criteria now or in the recent past:

GOOG
AAPL
WYNN
UWM
SH
QQQQ
AMZN
IWL
ADSK
NETL
NFLX
IWC
BIDU
PNRA
VPRT



Quote:
Originally Posted by youngsequan »
Hello Everyone,

I wanted to ask the Day Traders out there is they have a list of stocks they trade on a regular basis?

I'm trying to gather a list of stock to trade on a regular basis.

Thanks in Advance
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Old 09-05-2010, 02:12 PM   #8

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Another reason to trader future instead of stock is tax. As of now, the highest rate for profit is 23% for futures and 35% for stocks. That mean for every $100 profit in futures, you have to make $118.50 to have the same after tax profits.

What if you have a loss? Futures allows you take the current year loss against profits from previous 3 years, while stock only allows 3k a year.

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