There are only 2 reasons to trade a stock, no matter if its a day trader or not:
If you think it will rise, buy it (or hold it if you own it)
If you think it will lower, sell it (or don’t buy it if you don’t own it).
So if you think the price will decrease, you should not continue to hold the stock. If you think the price will increase, you should keep the stock.
I’m assuming options trading. You can buy / sell a contract that expires at the end of the day. The market can work against your “bet” in a way and when the contract expires.
Say you buy a contact for $100 that states , if the stock moves up by $5 I will buy it from you. Someone can buy that contact from you, and if the market actually goes up 5$ you can sell it and make a profit. If it does not , basically you will own a worthless contact but will have lost the $100 you used to buy it.
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