Yes. You still run the risk of running out of money! Day traders can lose money after only one trade. Stock markets are more liquid than stock derivatives. You also get cash back if the stock price goes up as much as you’re willing to pay to keep your position after a trade. If you look at a large amount of futures you can see when they are most profitable to buy. There will always be some losers on any open position due to the fact some of the positions can never be liquidated, so you will always be exposed to the risk.
What else do you do?
Day traders do all of the following: they invest in various stocks, exchange traded funds, exchange traded products, investment-grade bonds, mutual funds, dividend index funds, and more. Day traders are not only more efficient due to the fact that they are not bound by any laws but they also have a lot more options and options are often cheaper. They also have the advantage of being able to purchase stocks right in the stock market when they want to. In case of stocks they might even have access to multiple stocks at once!
This post was updated on Oct. 31, 2017. After publication, Rep. Duncan Hunter and Rep. Mike Coffman amended their original statement.
The Senate Intelligence Committee has invited two witnesses to discuss the CIA’s use of waterboarding on detainees captured in the wake of the Sept. 11, 2012, attack on the U.S. Consulate in Benghazi, Libya.
The witnesses, to be called Thursday, are former agency officials who were present in the initial stages of the CIA’s interrogation program. One is Richard Bejtlich, who served as a senior counterterrorism official in the CIA’s Counterterrorism Center and was in charge of its detention facilities at the time of the attacks.
One of the witnesses, John Kiriakou, is a former CIA officer who has since given up his job. He told The Washington Post that “the waterboarding sessions” resulted in an “enormous loss of trust” and “humiliation” for the detainees at the facility. The post said Kiriakou said he believes the prisoners were subjected to repeated assaults.
The Post said that Kiriakou and his team concluded that torture was not effective as a means of extracting useful intelligence. Kiriakou said he did not take part in the agency’s efforts to identify al-Qaeda leaders or terrorists, and was not aware that prisoners were ever waterboarded. CIA