Sorry. By definition I guess day trading would need to be on margin. I am talking about just very short term positions.. 5 days.. etc.. and once the cash settles re-up into something else. I would not always have the money working every moment of the day.. but here is why i ask..

The other day i picked up GS at 190.xx and it moved up to 210 and later pulled back, for me in my small account a 20 dollar gain would have been nice to sell and not pay taxes on... would something like this work? Conceptually it would, just not sure if the IRS allows that so I will not be paying taxes on the gain.

Better luck this week to you all.