Hushhhhh! NO ONE wanted to be called a “day-trader”. All of those horrid types drove the market up and then drove it down and made everyone go broke…. right? … and they were stupid to boot.

Well day-trading is back …..but is has another name. HIGH FREQUENCY.

…and everyone is doing it. Well, at least everyone with money to trade? – which means hedge funds. Yep it is the dirty little secret of the already secretive world of money runners that one way to make back monies lost on big global macro type events is to trade intra-day.

People stand around newsrooms scratching their heads over these intra-day swings and here is their simple answer. Everyone is a day-trader. In fact if you want to get really technical, minute-trader is a better term.

(… oh yeah, under the full-disclosure rules – I started day trading in 1994. Over the past two days I did 7.82 trades with an average hold time of 3.4 minutes…. )