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zagi · 01-03-2005, 01:06 PM

Meta, is it worth trading on a daily basis, do you take taxes into account, aren't they 50% on short term capital gains ( day trading ) ?

Also how much money are we really talking about here, because it seems that with the # of trades you're doing on a daily basis you lose quite a bit of your profit to comission and that probably means that there isn't much profit to begin with

And finally, doesn't it make more sense to use 1 broker say Etrade for its level2 app and say ameritrade for OTC stocks?

01-03-2005, 01:06 PM
zagi Confirmed User Join Date: Jan 2004 Posts: 1,238	Meta, is it worth trading on a daily basis, do you take taxes into account, aren't they 50% on short term capital gains ( day trading ) ? Also how much money are we really talking about here, because it seems that with the # of trades you're doing on a daily basis you lose quite a bit of your profit to comission and that probably means that there isn't much profit to begin with And finally, doesn't it make more sense to use 1 broker say Etrade for its level2 app and say ameritrade for OTC stocks? __________________ Managed US/NL Hosting [ [Reality Check Network ] Dell XEON Servers + 1/2/3 TB Packages ICQ: 4-930-562