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Old 07-26-2005, 02:18 PM
SuitedSixes SuitedSixes is offline
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Join Date: May 2004
Location: AZ
Posts: 220
Default Re: 2 Unsophisticated strategies, what do you think?

Is the day trader rule a factor if I am not trading on margin? I am currently not trading on margin, and really don't intend to (especially if trading options).

When factoring my 3% target sell price I include the commission (currently $9.99 each way).

At the beginning of this strategy, the commission is a noticeable percentage but as the wonder that is compounding interest takes over, it will be a smaller and smaller percentage.
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