Reply To: Frum daytraders

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Yserbius123
Participant

Making consistent profit day trading was only possible for a brief period in the late 90s and early 2000s. It was then when people had high speed internet access and services to trade with minimal cost, but before algorithms cornered the market. Right now, if you think you have a good tip on a stock that’s going to rise in a few hours, guaranteed there’s a bank of computers somewhere that figured it out before you and is already trading massive quantities of that stock so by the time you click “Purchase order” the price has risen significantly.