Is selling a stock then buying the same stock back at a lower price considered day trading?

Answers:0   |   LastUpdateAt:2012-07-24 07:49:02  

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Janeille
Asked at 2012-07-24 07:49:02
I understand that buying stock then selling it for a higher price in the same day is considered a day trade. What about selling a stock bought on a previous day for a profit, then buying the same stock back at a lower price. Would that be considered day trading or not?
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