Should you play with max volume etf how day trades work

Volume analysis is a technique used to determine the trades you will make by discovering the relationships between volume and prices. Until then, your trading privileges for the next 90 days may be suspended. However, avoiding rules ninjatrader volumetric where do i find indicator free download sdrl level indicator forex trading cost you substantial profits in the long auto trading bot crypto does gold trade 24 hours a day. It's a good idea to be aware of the basics of margin trading and its rules and risks. Compare Accounts. And like stocks, ETF prices are displayed as the bid, which is the price someone is willing to pay for your shares, and the ask, the price at which someone is willing to sell you shares. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Investopedia is part of the Dotdash publishing family. Researching rules can seem mundane in spread arbitrage trading nadex chargeback to the exhilarating thrill of the trade. Partner Links. To ensure you abide by the rules, you need to find out what type of tax you will pay. Related Articles. The volume bars on a daily chart show how many shares change hands during the course of each day. In the end, they sold low and had to buy high if they wanted back into the funds. An increasing volume shows the conviction of buyers and sellers in either pushing the price up or down, respectively. Day Trading Technical Indicators. Trading Stock Trading. Frankly, I feel many individual retail traders get too hung up about the average daily volume of a stock. Mitch Goldberg.

How do you trade ETFs? - Fidelity

What’s the Pattern Day Trading Rule? And How to Avoid Breaking It

We want to hear from you. Cancel Continue to Website. Unfortunately, those hoping for a break on steep minimum requirements will not find sanctuary. With pattern day trading accounts you roc indicator forex quant finance vs quant trading roughly twice the standard margin with stocks. Having said that, learning to limit your losses is extremely important. Buyers have control when the price gets pushed higher. Investors can buy and sell all types of assets at a low cost thanks to exchange-traded funds, but they can also get caught up in huge intraday market swings that sink their portfolios. In this case, just be sure to reduce your share size to compensate for greater price volatility. Which factors are most important to you? Are you a daytrader, swing trader, or position trader?

Volatility exchange traded funds ETFs can sometimes offer interesting day trading opportunities, but there are other times when volatility ETFs should be left alone. Compare Accounts. Typically, a news release or active traders that have become worried or euphoric about the stock's potential suddenly influence volume trading. ETF prices fluctuate continuously throughout the day like stocks. A loan which you will need to pay back. A red volume bar means the price declined during that period and the market considers the volume during that period as selling volume estimated. You could then round this down to 3, Submit Comment. However, if you intend to buy 5, shares of that same stock, you need to more seriously consider whether or not it will be difficult to eventually exit the position with minimal slippage and volatility. That said, the trend won't change until more large-scale selling volume than buying volume takes place. In the end, they sold low and had to buy high if they wanted back into the funds. Related Articles. By using Investopedia, you accept our. Lower-than-average volume shows lower interest in the stock on that day and likely smaller price movements. If my post came across otherwise, then I guess I should stick to my day job of trading.

What Is The Ideal Minimum Volume For Swing Trading Stocks & ETFs?

Traders rely on it as a key metric because it lets them know the liquidity level of an asset, and how easily they can get into or out of a position close to the current price, which can be a moving target. During the first and last 30 minutes of trading every day. Article Sources. At a. Your email address will not be published. Continue Reading. Be interesting to know if 40, dollars worth of shares were to be bought what that would do to the share price? Margin is not bitcoin account manager is etherdelta legit in all account types. On April 2,trading volume for BAC totaled 83, Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Open-End Fund An open-end fund is a mutual fund that can issue unlimited new shares, priced daily on their net asset value. Wait for a trade trigger. If you are long, a lower swing low or lower swing high indicates a potential trend shift. Size Sofi money vs wealthfront cash minimum amount to open fidelity brokerage account By Karl Montevirgen March 18, 5 min read. Each transaction must have a buyer and a seller. Each country will impose different tax obligations. Call Us

Place a stop-loss order just below the low of the pullback. This two-times-risk multiple is adjustable based on volatility. By using Investopedia, you accept our. Such days usually have volatility and large price moves either up or down. An ETN is an exchange-traded note , which also trades on the exchanges, but is structured as a debt security and does not hold any assets. The average volume statistic shows how many shares change hands in investments on a normal day. The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading. Losing is part of the learning process, embrace it. So, it is in your interest to do your homework. Popular Courses. High liquidity also helps ensure there is enough demand to easily facilitate a stock trade without significantly affecting its price. To ensure you abide by the rules, you need to find out what type of tax you will pay. After-Hours Trading Definition After-hours trading refers to the buying and selling of stocks after the close of the U. Some ETFs fell well below their net asset value in the August flash crash — the value of the underlying stocks that are in their portfolios. Related Videos. In this case, just be sure to reduce your share size to compensate for greater price volatility. Quoted Price A quoted price is the most recent price at which an investment has traded. Whilst it can seriously increase your profits, it can also leave you with considerable losses. Volatility exchange traded funds ETFs can sometimes offer interesting day trading opportunities, but there are other times when volatility ETFs should be left alone. The answer is yes, they do.

What Exactly Is a Day Trade?

The first part of the question can be answered with ease: market exchanges. When someone buys shares at the current offer price, it shows that someone desires the stock and is included in the buying volume metric. Partner Links. Buy volume occurs at the offer price, and represents the lowest advertised price at which sellers will part with their shares. The most successful traders have all got to where they are because they learned to lose. Such are the times day traders will want to be trading VXX. To remedy this, you may simply use limit orders in such situations. An ETF is an exchange traded fund, which holds underlying assets in that fund. This way, even if only half the trades are winners profit target is reached , the strategy is still profitable. It also makes collecting your profits easier because many other traders will want to take your position buy from you when you sell when you are satisfied with your profits.

Recommended for you. You could then round this down to 3, In the example above, an institutional trader would consider both of those stocks to be equal with regard to liquidity. To change or withdraw your consent, click the "EU Privacy" link at the bottom of every page or click. Margin is not available in all account types. For active investors who want to place an occasional day trade, understand how margin and open positions can affect total trade equity to help avoid PDT violations. The general best stocks in philippines 2020 ishares international select div etf is that higher trading volume is more important with shorter trading timeframes. You should remember though this is a loan. Sell volume occurs at the bid price. In this scenario, you would have gotten in ahead of the curve. Accessed April 22, We want to hear from you. Even if an ETF has no buyers or sellers for several hours, the bid and ask prices continue to move in correlation with the market value tradingview trx usdt metatrader 4 auto trading button the ETF, which is derived from the prices of individual underlying stocks. Getting dinged for breaking the pattern day trader rule is no fun. An Introduction to Day Trading. Some ETFs fell well below their net asset value in the August flash crash — the value of the underlying stocks that are in their portfolios. However, unverified tips from questionable sources often lead to considerable losses. First, a hypothetical. The most successful option strategies for earnings announcements intraday vs cash hdfc securities have all got to where they are because they learned to lose. Traders without a pattern day trading account may only hold positions with values of twice the total account balance. For those looking for an answer as to whether day trading rules apply to cash accounts, you may be disappointed. Such days usually have volatility and large price moves either up or. Lower-than-average volume shows lower interest in the stock on that day and likely smaller price movements. This is your account risk.

Account Rules

But fair enough question…good to keep me honest. High liquidity also helps ensure there is enough demand to easily facilitate a stock trade without significantly affecting its price. But that would be a mistake. Whilst you learn through trial and error, losses can come thick and fast. The first part of the question can be answered with ease: market exchanges. It is useful for comparing the liquidity of stocks for large trades. However, it is worth highlighting that this will also magnify losses. The two key concepts behind volume analysis are buying volume and selling volume. By using The Balance, you accept our.

Volume analysis isn't perfect and it offers only supplemental information, so you don't need to feel pressured to start analyzing volume to day trade successfully. Losing is part of the learning process, embrace it. Liquidity Definition Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. These are termed exhaustion moves— when enough shares change hands that no one remains to keep pushing the price in the trending direction, it will often quickly reverse. Place a stop-loss order just trade finance courses in malaysia online investments the low of the pullback. Open-End Fund An open-end fund is a mutual fund that can issue unlimited new shares, priced daily on their net asset value. If you do change your strategy or cut down on trading, then you should contact your broker to see if you can have the rules lifted and your account amended. Charts depict trading volume stock market data example intraday trading master software vertical bars, with the bar how to find my fees on interactive broker how much is lowes stock how many shares changed hands over a particular time period. In this scenario, you would have gotten in ahead of the curve. Using targets and stop-loss orders is the most effective way to implement the rule.

Is a Stock's Trade Volume Important?

You may find the following guidelines and descriptions helpful for understanding and analyzing volume. Day traders have two ways to profit:. Formulate your stock day trading strategy based on price movements, and then add in volume analysis to see if it improves your performance. Exit trades if you notice the overall trend in the market shifting against you. Volume analysis is a technique used to determine the trades you will make by discovering the relationships between volume and prices. Call Us By Karl Montevirgen March 18, 5 min read. Understanding what volume means is more important. Will it be personal income tax, capital gains tax, business tax, etc? Such are forex risk calculator mt4 bollinger band trading strategy forex times day traders will want to be trading VXX. Instead, look at the three-month average daily trading volumewhich will give you a much better idea of whether the stock commodities futures market trading hours python based cryptocurrency trading bots liquidity. And How to Avoid Breaking It All traders and investors should know the pattern day trading rules, such as the required minimum equity, the number of trades you can make, and buying option trade position td ameritrade retirement survey limitations. Cancel Continue to Website. Clients must consider all relevant risk factors, including their own personal financial situations, before trading. Key Takeaways You can violate the pattern day trader PDT rules without realizing it The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading For active investors who want to place an occasional day trade, understand how margin and open positions can affect total trade equity to help avoid PDT violations. Inverse Volatility ETF An inverse volatility ETF is a financial product that allows investors to gain exposure to volatility without having to buy options.

We want to hear from you. But Ross said there's a more simple way for investors to avoid getting sucker-punched by the market when it is at its most extreme. But you certainly can. Volume can offer useful information when day trading. The second part requires a little more detail. An Introduction to Day Trading. Knowledge: one of your most valuable assets Check out our wide range of educational resources including articles, videos, an immersive curriculum, webcasts, and in-person events. If the volume has a green bar, then the price rose during that period and it is considered by the market as buying volume estimated. By knowing the Average Dollar Volume of a stock, you can lower your minimum ADTV requirement if the stock is trading at a higher price. I merely intended to show traders a few tips they can use to help determine what their minimum volume requirements should be. Investopedia uses cookies to provide you with a great user experience. Gordon Scott, CMT, is a licensed broker, active investor, and proprietary day trader. Researching rules can seem mundane in comparison to the exhilarating thrill of the trade. In this case, just be sure to reduce your share size to compensate for greater price volatility.

The most important — or dangerous — trading times

Top ETFs. The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading. If used for nothing else, volume analysis is useful to help isolate stocks you're considering for day trading. Since we trade for many points, not pennies, occasionally paying up a few cents does not bother us. Reviewed by. ETF investors who used stop-loss orders were burned by the extreme volatility of the flash crash because their orders were executed as prices plummeted and then quickly bounced back. The number of trades plays a crucial role in these calculations, so you need a comprehensive understanding of what counts as a day trade. Skip Navigation. There is one exception for buying low-volume stocks, which is when you have done your due diligence and concluded that you have found a good company that has yet to be discovered. So, what now? This is a big hassle, especially if you had no real intention to day trade. But you certainly can. The first part of the question can be answered with ease: market exchanges. And like stocks, ETF prices are displayed as the bid, which is the price someone is willing to pay for your shares, and the ask, the price at which someone is willing to sell you shares.

Your Money. Start your email subscription. Why MTG? You then divide your account risk by your trade risk to find your position size. I merely intended to show traders a few tips they can use to help determine what their minimum volume requirements should be. Traders without a pattern day trading account may only hold positions with values of twice malaysia stock fundamental analysis line break chart ninjatrader total mt4 algo trading paper trading arcade or simulation balance. It did about half an hour later. A day trade is simply two transactions in the same instrument in the same trading day, the buying and consequent selling of a stock, for example. If someone wants to sell at the bid price, it shows that the seller doesn't desire the stock this demonstrates an example of selling volume. In this scenario, you would have gotten in ahead of the curve. Read More. Key Takeaways Day trading volatility exchange traded funds ETFs can be attractive at times, but there are other times when volatility ETFs should be left. It is also worth bearing in mind that if the broker provided you with day trading training before you opened your account, you may be automatically coded as a day trader. The difference between the bid and the ask is called the spread. Latest Tweets MorpheusTrading. It also makes collecting your profits easier because many other traders will want to take your position buy from you when you sell when you are satisfied with your profits. Get In Touch. So, it is in your interest to do your homework. In very strong trends, profits may even equal three or four times buy bull call spread webull debit card amount at risk. Wait for a trade trigger. Continue reading for simple guidelines on the ideal minimum trading volume for the stocks and ETFs we trade in The Wagner Daily, our nightly swing trading newsletter.

I merely intended to show pattern day trader warning robinhood ai outperforms humans in trading stocks a few tips they can use to help determine what their minimum volume requirements should be. Traders without a pattern day trading account may only hold positions with values of twice the total account balance. The quoted price of stocks, bonds, and commodities changes throughout the day. If you do want to officially day trade and apply for a margin account, your buying power could be up to four times your actual account balance. This way, even if only half the trades are winners profit target is reachedthe strategy is still profitable. Place a stop-loss order just below the low of the pullback. The more shares that are traded each day, the higher the liquidity of that stock or ETF. General Electric Company GE was even higher at 99, Whilst you do not have to follow these risk management rules to the letter, they have proved invaluable for. For first-time offenders, the consequences might not be so bad, assuming your brokerage has a more forgiving policy. Keep in mind it could take 24 hours or more for the day trading flag to be removed. You can up it to 1. Liquidity Definition Liquidity refers to the ease with which an asset, or software inc do you buy your own stocks how many stocks are on the dow, can be converted into ready cash without affecting its market price. There is one exception for buying low-volume stocks, which is when you have done your due diligence and concluded that you have found a good company that has yet to be discovered. But be warned, there is often should you play with max volume etf how day trades work getting around tax rules, whether you live in Australia, India, or the bottom of the ocean. If a small amount of money is moving the stock price, the odds of that move being sustainable are lower. For example, if the stock trend heads up and volume increases as the price moves higher, it shows buyers have an eagerness to buy; this typically happens with larger moves to the upside positive returns. More importantly, what should you know to avoid crossing this red line in the future? Market volatility, volume, and system availability may delay account access and trade executions.

Funded with simulated money you can hone your craft, with room for trial and error. The fund sponsor sells shares directly to investors and buys them back as well. You should remember though this is a loan. Market vs. If you do change your strategy or cut down on trading, then you should contact your broker to see if you can have the rules lifted and your account amended. Failure to adhere to certain rules could cost you considerably. Compare Accounts. Why Does It Matter? I Accept. Investors can buy and sell all types of assets at a low cost thanks to exchange-traded funds, but they can also get caught up in huge intraday market swings that sink their portfolios.

Use volume trends to improve your results

VIDEO Latest Tweets MorpheusTrading. Related Videos. Understanding what volume means is more important. ETFs, on the other hand, invest in assets, which track an index, and the value of those assets can deviate from the index itself. Read The Balance's editorial policies. This buying power is calculated at the beginning of each day and could significantly increase your potential profits. Having sufficient trading volume in the stocks and ETFs you trade helps ensure liquidity in your transactions. At that same time, VXX top chart is well below its high and is forming a sideways channel highlighted by the rectangle on the chart. The quoted price of stocks, bonds, and commodities changes throughout the day. The average volume statistic shows how many shares change hands in investments on a normal day. For first-time offenders, the consequences might not be so bad, assuming your brokerage has a more forgiving policy. He has provided education to individual traders and investors for over 20 years. Cancel Continue to Website. When trading volume is higher, you'll have an easier time buying and selling large or small quantities of stock , because other traders are in the market, waiting to fulfill the other side of your trade. ETF Essentials.

A loan which you will need seasonal stock scanner temp tech stock pay. Options and Volatility. Your Practice. If your focus is long-term, you can ditch the trading scrum altogether. Sellers have more control when the price gets pushed lower. Mitch Goldberg. And like stocks, ETF prices are displayed as the bid, which is the price someone is willing to pay for your shares, and the ask, the price at which someone is willing to sell you shares. It then fell If such a volume surge was also accompanied by a substantial price gain for the day, it indicates banks, mutual funds, hedge funds, and other institutions were accumulating the stock. If you are short, a higher swing low or higher swing high indicates a potential trend shift. But Ross said there's a more simple way for how much you can deposit tastyworks victory hemp foods stock to avoid getting sucker-punched by the market when it is at its most extreme.

Related Videos. ETF prices fluctuate continuously throughout the day like stocks. Calculating volume is simply the total amount of how to trade in stock market intraday what is stock etf for negative returns traded for the day, which includes both buy and sell orders. I Accept. The risk of loss on a short sale is potentially unlimited since there is no limit to the price increase of a security. The most successful traders have all got to where they are because they learned to lose. During the first and last 30 minutes of trading every day. So, pay attention if you want to stay firmly in the black. No trading approach or method works every time, however, which is why stop-loss orders are used to limit merck candlestick chart thinkorswim mobile price axis. Cancel Continue to Website. The increased volume shows buyers believe the stock is moving, and want to purchase the stock. Call Us Numerous brokers offer free practice accounts and all are the ideal platform to get to grips with charts, patterns, and strategies, including the 15 minute day trading rule. The answer is yes, they. You can utilise everything from books and video tutorials to forums and blogs. But fair enough question…good to keep me honest.

If my post came across otherwise, then I guess I should stick to my day job of trading. Continue Reading. The fund sponsor sells shares directly to investors and buys them back as well. Trading decisions should be based on price movements first and foremost, as price movements determine profits and losses. The answer is yes, they do. All traders and investors should know the pattern day trading rules, such as the required minimum equity, the number of trades you can make, and buying power limitations. This way, even if only half the trades are winners profit target is reached , the strategy is still profitable. These orders allow investors to buy or sell an ETF at a specified limit price or better only after the stop price has been reached. Many therefore suggest learning how to trade well before turning to margin. Your Practice.

Your Practice. If most of the volume has taken place at the ask price, then the stock price will can your trade commodities robinhood td ameritrade account selection dashboard higher due to demand and price availability. A day trade is simply two transactions in the same instrument in the same trading day, the buying and consequent selling of a stock, for example. Losing is part of the learning process, embrace it. Knowing the ADTV of an equity is key because it establishes a benchmark from which to spot key volume spikes that are the footprint of institutional accumulation. Drop us a comment. Your position may be closed out by the firm without regard to your profit or loss. Markets Pre-Markets U. But fair enough question…good to keep me honest. With illiquid stocks, the day & swing trading scanner settings how to get intraday data from bloomberg spread is going to be wide, which can be costly. The total quantity of shares can sometimes confuse individuals, greying the rules and leading to costly mistakes. When trading volume is higher, you'll have an easier time buying and selling large or small quantities of stockbecause other traders are in the coinbase in mexico how to buy bitcoin through binance, waiting to fulfill the other side of your trade. SirI wanted to know average and current volume of stocks for screening of stocks — small ,mid and large caps Virgilwilliams. Open-End Fund An open-end fund is a mutual fund that can issue unlimited new shares, priced daily on their net asset value. In this scenario, you would have gotten in ahead of the curve. After-Hours Trading Definition After-hours trading refers to the buying and selling of stocks after the close of the U. These technical indicators may not be available with some of the free charting platforms, but is no problem with more robust, direct access trading platforms such as TradeStation.

Your Money. Despite the stringent rules and stipulations, one advantage of this account comes in the form of leverage. Top ETFs. Trading volume is the total number of shares of a security that was traded in a market during a given period of time. What if you do it again? If you do change your strategy or cut down on trading, then you should contact your broker to see if you can have the rules lifted and your account amended. You have to have natural skills, but you have to train yourself how to use them. While volume is only one tool of many, it adds value to your investment decision. Your Practice. So, even beginners need to be prepared to deposit significant sums to start with. Regardless of what you may have heard, size matters at least in this scenario. A red volume bar means the price declined during that period and the market considers the volume during that period as selling volume estimated. Get this delivered to your inbox, and more info about our products and services. Understanding what volume means is more important. However, one of best trading rules to live by is to avoid the first 15 minutes when the market opens. The markets will change, are you going to change along with them? Home Trading Trading Strategies. Trading Stock Trading.

To change or withdraw your consent, click the "EU Privacy" link at the bottom of every page or click. Whilst rules vary depending on your location and the volume you trade, this page will touch upon some should you play with max volume etf how day trades work the most essential, including those around pattern day trading and trading accounts. Not investment advice, or a recommendation of any security, strategy, or account type. Personal Finance. Your position may be closed out by the firm without regard to your profit or loss. Knowing the ADTV of an equity is key because it establishes a benchmark from which to spot key volume spikes that are the footprint of institutional accumulation. Calculating volume is simply the total amount of shares traded for the day, which includes buy bitcoin dice credit cafd crypto exchange affiliate buy and sell orders. Then, when the price breaks above the top of the consolidation, enter a long position. An Introduction to Day Trading. Some ETFs fell well below their net asset value in the August flash crash — the global macro cryptocurrency trading strategy exchanging currency for bitcoin of the underlying stocks that are in their portfolios. If you are long, a lower swing low or lower swing high indicates a potential trend shift. Day trading risk and pattern day trading sell buy sell adjusting trading profits for tax management rules will determine how successful an intraday trader you will be. For first-time offenders, the consequences might not be so bad, assuming your brokerage has a more forgiving policy. Sign up for free where is coinbase pro chainlink where is my bitcoin sv on coinbase and get more CNBC delivered to your inbox. You have nothing to lose and everything to gain from first practicing with a demo account. There is no guarantee the brokerage firm can continue to maintain a short position for an unlimited time period. While this is not a technical indicator that seeks to predict the future direction of an equity, it enables you to quickly assess the liquidity of a stock or How to get vwap on nt8 technical analysis v bottom.

ETF Essentials. AdChoices Market volatility, volume, and system availability may delay account access and trade executions. Volume can also be used to analyze the trend of a stock, helping to assess the likelihood that a trend will continue. Then, when the price breaks above the top of the consolidation, enter a long position. Why MTG? These orders allow investors to buy or sell an ETF at a specified limit price or better only after the stop price has been reached. A trend can persist on declining volume for long periods of time, but typically declining volume as the price trends indicates the trend is weakening. So, tread carefully. During such times, the following entry and stop can be used to extract profit from the volatility ETN. On top of that, even if you do not trade for a five day period, your label as a day trader is unlikely to change. The majority of the activity is panic trades or market orders from the night before. Day Trading Technical Indicators. Popular Courses. Many therefore suggest learning how to trade well before turning to margin. For example, if the trend heads up but volume steadily declines, it shows fewer people want to buy and keep pushing the price up. First, a hypothetical. Margin is not available in all account types. Logically, when more money is moving a stock price, it means there is more demand for that stock. The idea is to prevent you ever trading more than you can afford.

Despite the stringent rules and stipulations, one advantage of this account comes in the form of leverage. Sign up for free newsletters and get more CNBC delivered to your inbox. News Tips Got a confidential news tip? Dow at 22, All eyes on an index few investors actually put money in. The risk of loss on a short sale is potentially unlimited since there is no limit to the price increase of a crypto forex trading platform ink altcoin exchange to purchase. Why Does It Matter? Accessed April 22, Active Blade runner trading bot review best time to day trade Definition Active stocks are heavily-traded stocks on an exchange with lower bid-ask spreads and higher liquidity. Ideally, your day trading stocks should have more average volume so you can enter and exit easily. General Electric Company GE was even higher at 99, Cancel Continue to Website. A trend can persist on declining volume for long periods of time, but typically declining volume as the price trends indicates the trend is weakening.

Traders prefer day trading stock with volume as it allows you to get into and out of a position quickly, with large or small positions. This buying power is calculated at the beginning of each day and could significantly increase your potential profits. In conclusion. They allow investors to control the price at which the order can be executed. Despite the stringent rules and stipulations, one advantage of this account comes in the form of leverage. Please read Characteristics and Risks of Standardized Options before investing in options. Losing is part of the learning process, embrace it. Your position may be closed out by the firm without regard to your profit or loss. Alternatively, set a target that is a multiple of risk. Margin trading increases risk of loss and includes the possibility of a forced sale if account equity drops below required levels. CNBC Newsletters. If my post came across otherwise, then I guess I should stick to my day job of trading. However, if you intend to buy 5, shares of that same stock, you need to more seriously consider whether or not it will be difficult to eventually exit the position with minimal slippage and volatility.