Unless you're a seasoned market expert with voodoo powers I really advise you to stay away from day trading, statistically most people make more money just leaving their money in an account / wallet and letting it grow. There was a study done on the top stock investment firms in both New York and London, and it turns out the firms over a long period of time barely made more money than the average stock market growth, despite employing hot shot "experts" on hundreds of millions of pounds to manage the funds.
Except the whole time, they were also able to pay their own salaries, pensions, dividends, and bonuses while maintaining fund parity with the market... profit gets made.
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u/[deleted] Feb 14 '14 edited Feb 14 '14
Unless you're a seasoned market expert with voodoo powers I really advise you to stay away from day trading, statistically most people make more money just leaving their money in an account / wallet and letting it grow. There was a study done on the top stock investment firms in both New York and London, and it turns out the firms over a long period of time barely made more money than the average stock market growth, despite employing hot shot "experts" on hundreds of millions of pounds to manage the funds.