The stock market day-traders wake up in the morning before the market opens. They flip on the lights of their home office, turning on their computer multi-monitored, connect to their trading software day and begin planning for the day. Depending on what day trading strategies for their use, they can go to the websites of financial news, logon to the EDGAR system of the Securities and Exchange Commission, or simply open the Financial Times.
Around 9:30 ET, they are seated chairs and get ready for the trading day. For most day traders, there is no break for lunch, because, as Gordon Gekko said, is well-known 1987 film "Wall Street" lunch is for wimps. "There are no coffee breaks, no interruptions bathroom, no nothing.
Well, maybe a few breaks, but many are so accurate that they do not even...