Question

Day trading, which typically refers to the practice of buying a stock and selling it very quickly (on the same day), was a popular activity during the Internet stock boom in the late 1990s.If a certain stock currently has a bid price of $50 and an ask price of $51, by how much would the stock price have to increase on a single day for a day trader to make a profit (assume that the bid-ask spread remains fixed throughout the day)?


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  • CreatedMarch 26, 2015
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