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Re: Kenswift post# 48959

Monday, 07/23/2012 7:49:16 PM

Monday, July 23, 2012 7:49:16 PM

Post# of 72024
Ken/ATA, thanks for the advice. I just came home to check out my account, and on paper im up 4600 for the day on mdmc. Not sure how im gonna approach tomorrow, but with what this awesome board has taught me, i think im gonna wait for the gap up tomorrow and sell into it and bag the profits. I think the old me would have held out for the unattainable "to da moon stock" that i convince myself that im always in but end up holding the bag at the end. Question is, like my previous post stated, i dont have any day trades left. If i sell tomorrow morning, can i buy this stock later in the day and hold until the next day or beyond and not get the restriction. Or does selling and buying the same stock constitute a day trade. Thanks again for all the teachings, my account is really starting to reflect the lessons learned here.

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