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Thread: Is day trading even worth a try?

  1. #1

    Is day trading even worth a try?

    I'm pretty new to investing and trading, and I've been reading around, and one of the things I've seen pop up a couple times is day trading. I was thinking about giving it a try with a little bit of money and see what happens, but the one thing that I don;t understand is the transaction fees.

    If I was to buy a stock and sell it later that day, maybe for a small gain, wouldn't the fees to trade be a huge loss, at like $7-10 a trade? Am I looking at this wrong, or just not understanding it right?

  2. #2
    If you are a beginner, day trading is the best possible strategy for you as it does not require you to spend too much time and is very effective. But first, read this article: https://theindustryspread.com/forex-day-trading/
    On this resource, you will learn about all the pros and cons of day trading.

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