@LambraeMost of the time you can just buy back in the next day....

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    @Lambrae

    Most of the time you can just buy back in the next day. But experience will show that things can happen in US markets overnight, trump tweets, trading halt for capital raise, legal proceedings, etc. which can take a serious hit to your capital overnight. While sometimes it can go the other way, I find it more akin to gambling to hold overnight, because there is a much higher chance of things which are out of your control occurring.

    Also I hate having capital stuck in a loser and missing trades because of it, I would rather take the small loss on the day and be free to trade fully the next day. Then I always know exactly where I stand at the end of each day.

    Hence why its called day trading. Not short term trading
    Last edited by ChipLeigh: 10/10/19
 
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