Conversely, a good column in praise of the company, a lawsuit verdict in its favor, or a solid earnings report can make that same stock shoot upward, and just as quickly.That potential volatility is why growth stocks are a day trader's hunting ground.When they start prowling the landscape for a good deal, here's how day traders go about that growth stock hunt:Primarily, day traders hunt for growth stocks that show signs their share price will rise and quickly -- long-term and dividend plays aren't invited to the day trader growth stock party.That's exactly what birthday traders send their days bagging and tagging, only to likely sell the same growth stock later the same day.Day traders working the U.S. stock market is required to have a minimum account balance of at least $25,000, according to rules issued by the U.S. Security and Exchange Commission.If your day-trading account falls below the $25,000 threshold, you won't be able to day trade stocks until the $25,000 minimum account balance is restored.Thus, it's highly advisable for newly-minted day traders to maintain an account balance well in excess of $25,000 - aim for at least $30,000 in your account when you begin day trading.Note that to meet the minimum trading requirements to be a day trader in the U.S. you'll need to have at least four day trades a week. These figures will vary on a country-by-country basis, and on a broker-to-broker basis.Yet only having $50 to start trading foreign currencies is likely a fool's mission. The one sell-side analyst who covers that stock has a $2.80 price target on the stock, about 40% below the current IBIO stock price. In Black slang, to cap about something is “to brag,” “to exaggerate,” or “to lie” about it.This meaning of cap dates back to the early 1900s.. History lesson: In the 1940s, according to Green’s Dictionary of Slang, to cap is evidenced as slang meaning “to surpass,” connected to the ritualized insults of capping (1960s).

that will help our users expand their word mastery. That's the price you pay for taking on excessive trading risk.© 2020 TheStreet, Inc. All rights reserved. That will officially classify you as an active day trader and will trigger the $25,000 account minimum requirement.Basically, Forex brokers require day traders to hold a minimum of $100, with some countries allowing day traders to handle Forex trades for as little as $50 in their trading accounts. "Ask your average day trader and you might get a different opinion, but there's no doubt that day trading is a tough, high-risk way to make a living.Yet if you live and breathe growth stocks, and you have the discipline to buy when you should and sell when you should, day trading might be worth a shot.Day traders make their bread and butter by leveraging stock market volatility, most often in the growth stock sector.Growth stocks are companies that are often only a few years old and that offer new products, services and technologies that show promise of paying off commercially. I tell my kids that every time they do a chore, I put a dollar into the ‘hamster fund,’ cuz they really want hamsters. "Also, the selling short and purchasing to cover of the same security on the same day is considered a day trade. Even insiders are selling . The best part is that there is no cap to this fund. A day trader may also trade higher risk futures and foreign exchange currencies.The U.S. government also has its own definition of what constitutes a day trader. If you purchase an independently reviewed product or service through a link on our website, we may receive an affiliate commission.