Day trading is the practice of buying and selling stocks (usually) all within the same trading day. In theory, day traders should not hold stocks over night. The problem with day trading is the transaction costs. Constant buying and selling will eat your returns, and even with low commissions, the bid-ask spread will still erode your wealth.
That said, I have to say I was impressed by this one day trader's set up. I only hope he makes enough to cover his light bill.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
Subscribe to:
Post Comments (Atom)
What's going on with inflation?
I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
-
A recent paper by some computer science folks at Indiana finds that the mood on twitter can predict movements in the Dow Jones Industrial A...
-
I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
-
Another inflation illusion post. This time with math. Again the issue here is that you can't just increase the discount rate when you a...
No comments:
Post a Comment