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tl;dr another reason why day trading is bad idea. You'll be eaten by the fees.
by PaywallBuster 6y ago
tl;dr another reason why day trading is bad idea. You'll be eaten by the fees.
- rybosworld 6y agoI don't see how this is an indictment of day trading (not that I recommend it). Fees are not specific to "how" you trade (e.g. day trading vs buy-and-hold), for one thing. But also, many brokerages don't have any fees at all. Successful day traders will be using limit-orders for which the issue described in this article would not exist.