I like to pick and disect Daytrading. Why did it happen and how timely it is still. I can't waste time to get into "old threads" and argue over swing versus DT etc.etc So daytrade if there is a special dt margin advantage - futures have it. (def - I would love if ib offered it too, without that I only have a stock account) No argument against daytrade and scalp there if you are any good. actually holding index futures over night would be an interesting thread (alone) - of course if one had multi points gain whould you sell ? Well I may ....it seems the futures are getting to be a 24 hour market almost.(with overnight /oversees trading) afternoon session.....(overnight) stops are a joke. Reason to do it in the stocks ? Daytrade if there is a huge danger to hold overnight. Well here is my problem....the huge danger has disappeared when Q, YHOO, QCOM and other $ 300-400 per share whales become minnows. The danger to hold overnight becomes the same question again. Was it a right trade to start ??? It the answer is yes, well, by selling you may be "giving it away" and make your broker rich. The idea is that as a trader you are suppose to take some risk to get rich ! You get paid well if you are right. I fully agreed with DT and did it myself as scalper trader etc. while we had the prices when it could and did drop $80 overnight. (Which was that "beauty" I forgot...?????) I have been trading IBM and futures/funds and I have no problem making money. IBM has a range of 20 points it may even get wider now (if we head to fall "fall") Again I don't want to make a broken record thread..... If anyone feels "danger" holding CSCO, SUNW these levels over night before a expected move (up or down) - I share you pain. Don't do it.