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RE: TIB: Today I Bought (and Sold) - An Investors Journal #135 - Ethereum, Bitcoin, Australian Banks

in #investing • 7 years ago

Why day trade, versus buying and holding? General fallacy to believe you can predict movements of a high variable chart, and predict next tick is up or down.

7 years ago in #investing by
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     7 years ago 

    It is a choice based on the broker platform. Trades are leveraged - buy and hold becomes expensive because I am borrowing the funds. Any trade bought and sold during the day has no holding cost.

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