Frequent traders scrutinize these rituals, he said, seeking nuance.
Moreover, she said, frequent traders also seem unaware of so-called wash sale rules.
Frequent traders, sometimes called market timers, move rapidly in and out of funds, often international funds, to take advantage of stale pricing.
But exchange-traded funds are intrinsically appealing to frequent traders, including those eager to make leveraged bets on the direction of the stock market.
The small fund companies say they welcome frequent traders, known as market timers, who want to make short-term bets based on their sense of where the markets are headed.
The A. B. Watley Group, an online brokerage firm that is in a partnership with E*Trade Group Inc. to develop a trading system for frequent traders, said yesterday that it had agreed to buy On-SiteTrading Inc. Watley, based in New York, said it would pay about $17 million in cash and stock for On-SiteTrading.
For example, Schwab relies on account assets whereas Ameritrade relies on new accounts from frequent traders, he says.
Frequent traders are jumping into gold and other metals because they see it as a momentum play.
Our guess is that the majority of online investors are fairly frequent traders, moving in and out of stocks at least three times per month.
After meals and an exchange of gifts, Massasoit agreed to an exclusive trading pact with the English (and thus the French, who were also frequent traders in the area, were no longer welcome).
