Why might you want to invest long-term over day trading?

Answers:2   |   LastUpdateAt:2012-09-07 23:54:01  

Question
nightingale
Asked at 2012-07-14 00:27:01
Why would you want to invest long term for day trading ?
Answer1forkiAnswered at 2012-08-17 12:29:02
A significantly lower risk.
Less costs ( commissions).

95% of people who try to quit smoking to day trade in less than 12 months. Many lose 50 % -100 % of their accounts. For the few who succeed ..... takes 3-5 years.

A lot of work.
Ridiculous hours (the time put into learning and looking at charts ).
Answer2GilberAnswered at 2012-09-07 23:54:01
Trading Cost only dramatically erode their profits in day trading . Not to mention the risk of greater distribution market .
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