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With commissions per trade, brokerages love day traders. The more activity, the more money they make. They hate people that buy a stock with 3% dividend yield a
by jdmichal 10y ago
With commissions per trade, brokerages love day traders. The more activity, the more money they make. They hate people that buy a stock with 3% dividend yield and don't touch it for 10 years.
- manishsharan 10y agoIts not just the trades that generate fees; the application enables you to borrow money with a click of button ( kind of like how they place ATMs near slot machines). The trader pays a borrowing fees plus interest.