SPY Volume not that great. Surly not broad participation. One thing is pretty constant....THE OVERNIGHT RALLY IN INDEX FUTURES.
Question about taxes...maybe someone can help me here.... So I have a few trading accounts and one trading account has XYZ stock at a loss, I did NOT sell it and take the loss yet, however I have another account I just opened up and started trading that same XYZ in my new account, now if in my new account I buy and sell the XYZ stock and make a tiny profit, does that mean I cannot take any of the losses in my other account that holds XYZ? Even though the losses outweigh the gains in my new account? Basically what I'm asking is if I trade two of the same stocks in 2 different accounts can I possibly lose out on being able to claim losses on the first account that I have losses in even if I make little to no profit on XYZ in my new account? Has anyone ever traded the same stock in two or three different trading accounts?
Lost some money overall today, not as much as one might think since i went short at 400 or something on the dow (and added to it) but i was scalping bigger size on the long side.
today was a very rare trading set up in cash equities with a big gap down and hard trending rally throughout the day.. great environment for day trading
I saw really no opportunity today for daytrading. It was that same feel of a gap up around 20-30 minutes into the open with just a steady slow rise...no pull back or large drawdowns at anytime.... volatility dropped like a rock which is troubling now because any further drops in the vix and there goes the great daytrading swings.... If anything I'm hoping for a continuous surge because I'll be adding plenty of shorts above 27000, law of large numbers will once again take over....amazon for example has added $100+ billion in market cap since the lows last week. A bit ludacris if you ask me.....Dow up over 1500+ points in 3 days ...people feeling a bit comfortable again.... complacency kicking in....
Haha...i forgot to cancel an order to BUY 2 lots of March Crude at 5835....i just noticed i had a crude oil position, sold em at 6080...covered my entire losses for the day...that was lucky!