Do Not Day Trade

Do Not Day Trade

One type of stock trading you definitely do not want to engage in is day trading, or day-to-day trading, where you try to buy and sell a stock on the same day. The reason is simple. You are dealing with minor daily fluctuations which are much harder to determine than are basic trends.


There is not enough profit potential in daily trading to offset the commissions you generate and the inevitable losses that occur. As mentioned before, you also should not follow a program of taking short, two-point profits, because again your margin of profit is too small to offset larger losses, which in time must happen. Don't try to make money so fast. You can't build Rome in a day.

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