Day trading is buying and selling the same security within the same trading day (though if you don't already know that, you shouldn't be answering this question).
Suppose I process a series of buys on a particular security in the morning. Then sell them all in the afternoon.
Buy – Buy – Buy – Sell
Does this count as one day trade or three? What if either the Buy or Sell orders were partial fills?
Thanks
Thank you very much StopSpending.
What if the buys were separate orders, but you execute a single sell for the total lot?

From Rule 2520:
"The term "day[-]trading" means the purchasing and selling or the selling and purchasing of the same security on the same day in a margin account"
"The term "pattern day trader" means any customer who executes four or more day trades within five business days. However, if the number of day trades is 6% or less of total trades for the five business day period, the customer will not be considered a pattern day trader"
It's pretty clear to me that to "execute" a trade. I place an order and get fills. The order and the fills are a "trade". Now, if your two "buys" are based upon two separate orders, then the pattern you ask about would be two day trades.
Further info:
Interactiveborkers gives clear examples of day trades on their website. Another reason why I like that firm so much. Looks like your two buys and one sell example is just one day trade.
I am playing CNBC's Million Dollar Portfolio Challenge.
I am just looking for quality advice to invest $1 million in the stock market & looking for clean & crisp advice.
Please do not send spam, or links to pay-for-service sites. I just don't have the time for that.
Please provide advice, your answer & maybe reasons behind your answer.
I'm seeking to select 20 stocks today, to either purchase & sell.

I'm not familiar with CNBC's Million Dollar Portfolio Challenge, so I don't know what their investing time horizon is like for this task. Depending on how long that horizon is, I would probably make different sets of choices for your million dollars. Over a longer horizon, I would probably do some research and then pick 20 stocks, $50,000 each, and then let them sit there and do nothing for several months as that is, historically, the best way to get a return on investment. Too much "in and out" of the market would kill you on commission costs alone anyway.




Question: "Assume I purchased call options with a strike price of 105 rs when a stock was at 100 rs per share. If the stock goes to 106 rs can I sell the option at that time?"
Answer: Yes. You can sell the option any time prior to expiration. It does not matter if the stock is (or ever has been) above the strike price.
Question: "It the stock goes up to 106 then comes back down to 99 can I say it reached the strike price?"
Answer: Yes, it reached the strike price, but that makes no difference whatsoever. The price of the option depends upon several factors, one of which is the current price of the stock. Any previous price at which the stock traded is not a factor.
Question: "Should I have sold the option when the stock was at 106 rs?"
Answer: You would get more money by selling the option when the stock was at the higher price, but at the time the stock was at 106 rs you had no way of knowing if the stock would keep going up or if it would go down. Consequently, when the stock was at 106 rs you had no way of knowing that it would be better to sell it at that time.
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From your question I strongly encourage you to learn more about options trading before investing any real money in options.

If you do buy on margin (or borrowed money) there are only two ways to change it. Deposit more cash to cover the purchase. Or sell securities which will increase your cash position.
The above is for the US.
Any ideas or experiences to share with me? Please don't be over exaggerated in none of positive or negative ways cause I know that it can be a dangerous game.
Thanks a lot


Does anyone else keeping finding themselves on the wrong side of the market all the time?
Can anyone give me some constructive (not give up) and practical advise on this to help get my confidence back?
Thanks

made a good profit can go into the floor broker‘s or
desk trader‘s pocket. This is possible as he can leave
buyer/seller‘s name in blank and only fill it in when
reported or taken from the runner (the boy that picks up
the slips from the floor). In some markets this is not
possible since the whole deal (except the shouting) is
immediately recorded. But when trading is wild, a fast
light is put on, which allows 15 minutes to conclusion
instead of only five. I could give you many examples
but this is sufficient to convince you to change both
your trading house and/or floor broker or, better still
both. Find a floor broker that you know and trust, this
is the only solution. It is almost impossible to always
be the loser, so think twice and change your servers.



