Please clarify for the 'newbie' here on the forums at least.
Obviously using margin when you have no cash reserves for a margin call is nuts, but why not use it intra-day if you are a very active trader? More leverage controlled well can be a powerful boost. I understand overnighting and...
I feel like my daily research is never enough... You guys recommend any sites you love?
I use barcharts.com, googlefinance, Freestockcharts.com, and some blogs and smaller stock analysts...
There are some Offshore Discount Brokers that people claim can be used to daytrade without the 25K Equity Requirment.
Is this legal for US Citizen? :confused: Sure it might look like tax evasion but I just want to day trade with my piddly 12k...
Anyone using one of these?
Here is one I...