If i bought a 4 stocks yesterday than?

Question

i sold all 4 today would that be considered a day trade?

& after i sold those four stocks could i buy them all back today?

just an example... i dont need to here any lectures about daytrading

Answer 1

No this is not day trading, nor are you a day trader

BUT, did you pay for the stocks that you bought yesterday and sold today.

As long as you paid for the stock before you sold them, you are OK

I hope you made some money, if you did, keep it up

Answer 2

Day trading literally menas buying selling, sometimes multiple times in the same day. I would still consider that a day trade since your only holding it very short term. YOu have to buy and sell a lot of stock to actually make any money doing this since your paying lots of fees buying and selling. You can keep buying them and selling them.Did you make any money?

Answer 3

Sell them at night and don't worry about what its called.

Answer 4

yes and yes

Answer 5

this is not a day trading. however, it is calculated as business income and taxed at personal income tax rates (in India).

not day trading here would mean that the brokerage would be charged at delivery rates and not day trades, even though u havent received delivery of shares.

Answer 6

Most brokers would consider this daytrading and depending upon your account balance  (if it is less than or more than 25000.) may restrict your ability to keep trading for three days.  Some brokers will even freeze your entire account.  It may be worth calling the brokerage you trade with and asking them if they will--I had it happen once and it sucks because you may want to make a fast move and you can't access your money.