This is the complete online glossary of commodity market terminology. Herein you will discover a vast wealth of information, futures margin call definition forex market options terms and definitions . Market data is the property of the Exchange. Market data is delayed at least 10 minutes.
We hear the term daytrading get thrown around very loosely and it has come to mean the entering and exiting of the same trade in a short period of time or at least within the same day. P at 10:00am make sure you sell it before the market closes at 3:15p and 4:00p, and it is probably not a good idea to wait until the last second in case your clock is off or you have a computer issue. P daytrade margin will vary from broker-to-broker. 5,060, over ten times as much. Now you understand that it is important to get out of your positions by the close so, your next question might be when am I allowed to get back in and still qualify as a daytrade? With most firms the answer is usually at or a little before the regular New York Stock Exchange open which is 8:30a CDT.
As an accounting note, any trades done after 4:00p are considered apart of the next days’ business and will show up on your brokerage statement as such. On Sunday the market reopens at 5:00p and will trade until the close of Monday at 4:00p. Lower margins are not the only advantage to daytrading, most people would agree that doing a daytrade has many advantages over doing a position trade. The reasons are you may not be exposing yourself to possible violent moves overnight, gap openings and poor fills during less liquid times and will probably sleep better at night knowing that you do not have an open position. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, volume and other factors. An investor should understand these and additional risks before trading. Options involve risk and are not suitable for all investors.
Futures, options on Futures, and retail off-exchange foreign currency transactions involve substantial risk and are not appropriate for all investors. Low margins are a double edged sword, as lower margins mean you have higher leverage and therefore higher risk. All commissions quoted are not inclusive of exchange and NFA fees unless otherwise noted. 1-15 per month depending on the type of data you require. Residual value is defined as the remaining value existing in a physical or financial asset at the end of its useful life.
Regardless, the residual value of a vehicle should never exceed the blue book value of that vehicle whether the vehicle has been leased or purchased by a company. For companies and individuals who lease vehicles rather than purchasing them, residual value is an important consideration since it is one of the main factors in determining the monthly leasing costs for the vehicle. Because leased vehicles are typically returned to the leasing company at the end of the contract, the lease does not cover the entire cost of the vehicle. 24 hours a day from anywhere in the world. Send this article to a friend. Enter multiple addresses on separate lines or separate them with commas.
Bond basics are the introductory concepts to the bond market. This is an old archived webpage. For IRS tax purposes a Trader might operate as a “trade or business” if the intent is to profit from market price swings as the primary source of income for the year. 1256 contracts, foreign currency contracts and so on.
Generally speaking to have Trader Status your activity must be substantial. While it is true that generally a knowledgeable business person should probably have money management as a major concern, it is a fact that IRS agents have these instructions in their audit guides. Some preparation firms make extra money handling the IRS inquiries and examinations resulting from such “unintentional” oversights. We feel that it is best to do it right the first time and avoid questions from the IRS. Please note that obtaining “trader status” alone results in no change from the norm for reporting your gains and losses – which is to say, they remain Schedule D capital gains and losses.