What is the diffrence in taxes for "day trading" compared to "regular tradng"?

What is the diffrence in taxes for "day trading" compared to "regular tradng" or anyother type of trading in the US stock markets.

The tax is based off the capital gains made from the investment. Day traders, or any trader who is holding the security for less than one year, will be taxed at their ordinary income tax level. This is called the short-term capital gains tax.

Long term capital gains taxes are for investors who gain on assets held for more than one year. In 2003, this rate was reduced to 15%, and to 5% for individuals in the lowest two income tax brackets.

What is day trading and How to start day trading?

How and where do you day trade? and do you need a software to day trade? Is it possible to do day trading with online broking websites?

It depends on your definition of a day trader. If you are talking about being an active trader, you can just use an online brokerage account.

Day Trading Forex possible to make a living?

Hey,

Are there people in the world who day trade forex for a living? I’ve read so many articles bashing day trading as gambling and impossible to make money, but I also read some forex trader interview who just trade a few hours a day and make a good living. Is it true?
Anyone has experience?

I trade FX as well as stocks and I used to be a professional trader.

Succesful trading really has to do with emotional control and dscipline because its based on odds. The odds are usually not higher than 55:45 in your favor so expect to lose fairly often. It is extremely nerve wracking and it takes lots of money you can AFFORD to lose to do succesfully as a professional. Most likely at least 25K. It also takes years to learn and often with huge losses. You make the big money in usually only 20% of the time, the rest try not to get torn up in the markets. Its a good job for adrenaline junkies but its not for everyone.

Yes people say 90% of people fail to make it, however so do 90% of doctors and lawyers. Its about how much you want it and how hard you wanna work at it. But it most definitely IS possible.

How to select a low cost stock (<20$) with high returns + moderate risks for day trading purpose?

I want to know what parameters (with what values) to look in a stock to buy for 1-5 days investment/trading period.

Also, I want to know if I can buy mutual funds for day trading purpose? If yes, I guess that will be safer approach to invest for this short periods, make profit and then re-invest.

Please advice.

Based on the wording of your questions, it would be in your best interest to study the markets and the products traded in them.

Here are some websites that can be used to screen for stocks that can meet parameters you set

http://busystock.com/index.php
http://screener.finance.yahoo.com/newscreener.html
http://www.nasdaq.com/reference/guru.stm
http://www.stockta.com/
http://screen.morningstar.com/StockSelector.html
http://moneycentral.msn.com/investor/StockRating/srstopstocks.asp
http://www.zacks.com/
http://screen.morningstar.com/StockResults.html
http://www.options-trading-advice.info/

You can not "day trade" mutual funds. Funds prices are determined on the asset value of the fund as of the close of business on the trade date and the price movement of the fund is not that great to warrant profits from short term holding periods

Who is the best company to do day trading with and why?

I’m interested in dabbling in some day trading. I don’t have a lot of money to invest, but I’d like to change that. Who would be a good company for a relative novice to get involved with – meaning cost, minimum investment, speed of trades, and stability?

All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.

Customer need to select the site that is best for them. Traders have requirements in a site, while investors have other requirements.

Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade.

However, novices should not be day trading, if they do it is certain that they will loose their money.
Also, if you do not have "a lot" of money to trade, you should not be trading, and defiinetly not day trading.

All firms are subject to the same rules and regulations governing the buying and selling of securities and all have basically the same type of trading platforms which makes their order entery, execution and reporting the same.

The most popular firms for on-line investing and do support day trading are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim.

You should consider, as a novice, using the full services of the firm including going through a sales rep since on-line services are geared to making it expediate to use a firm’s services and not for education