TeslaSmurf :
Besides, you can both hold for the long term and day-trade with some profit. If you reinvest the day trade profit you have a much lower buying cost (the price is fixed). If, for example you make 200 $ and buy a share at 700$, it results a real cost of 500. That’s my strategy and it works indeed. One of the reasons is that you can’t predict the market, due to a series of factors, including over reactions to whatever kind of news or FUD and, mostly, the power of the trading algorithms (their mission is exactly to EXECUTE the retail trader: that’s where they take the money).
TeslaSmurf : Besides, you can both hold for the long term and day-trade with some profit. If you reinvest the day trade profit you have a much lower buying cost (the price is fixed). If, for example you make 200 $ and buy a share at 700$, it results a real cost of 500. That’s my strategy and it works indeed. One of the reasons is that you can’t predict the market, due to a series of factors, including over reactions to whatever kind of news or FUD and, mostly, the power of the trading algorithms (their mission is exactly to EXECUTE the retail trader: that’s where they take the money).
Kathy kastineOP TeslaSmurf: