"how does the daytrader come into picture here?" Answer: I don't think daytrading Chevron is a very good idea, unless you are a fund manager. Kind of an expensive stock to make a dollar on. You would have to buy about $9000 to get 100 shares to make $1 if the price goes up $1. . . a lot of risk for little reward. You could buy 1000 shares of SIRI at around $3, and it routinely goes up or down 10 cents in a day. . .much less money risk to make $100. . .SUWN is another daytraders dream.