Comments on: Want To Day Trade? Tips Before You Start Trading http://investingtoolkit.com/day-trade-tips-stock-trading/ Discount Brokers, Stock Investor Tools and Investment Resources Galore Wed, 10 Mar 2010 19:58:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Francis Investor http://investingtoolkit.com/day-trade-tips-stock-trading/comment-page-1/#comment-25 Francis Investor Wed, 16 Sep 2009 06:56:04 +0000 http://investingtoolkit.com/?p=368#comment-25 I believe that day trading is certainly not recommended for the average investor. But there are people who do make a living and are successful at it, and even they had to start somewhere. If you try it and realize you aren't cut out for it (which you should know pretty quickly), then cut your losses and stop. Passive index investing is really the best way for average investors to make money, just IMO. I believe that day trading is certainly not recommended for the average investor. But there are people who do make a living and are successful at it, and even they had to start somewhere.

If you try it and realize you aren’t cut out for it (which you should know pretty quickly), then cut your losses and stop. Passive index investing is really the best way for average investors to make money, just IMO.

]]> By: Bret http://investingtoolkit.com/day-trade-tips-stock-trading/comment-page-1/#comment-24 Bret Mon, 14 Sep 2009 19:34:11 +0000 http://investingtoolkit.com/?p=368#comment-24 I think your most important point is; "Do not confuse investing with trading". Unless you are very lucky or in a positive time of the markets, you are more likely to lose than gain with day trading. The high cost of daily trading commissions can tip the odds to the house's favor, much like in gambling. On the other hand, Investing over the long-term is more likely to create a profit than a loss. By avoiding daily commissions and holding good investments, you tip the odds to your favor. I think your most important point is; “Do not confuse investing with trading”.

Unless you are very lucky or in a positive time of the markets, you are more likely to lose than gain with day trading. The high cost of daily trading commissions can tip the odds to the house’s favor, much like in gambling.

On the other hand, Investing over the long-term is more likely to create a profit than a loss. By avoiding daily commissions and holding good investments, you tip the odds to your favor.

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