Recently I was in the psych ward for 14 days and had no Internet access during that time. During that time my stock portfolio went from outperforming the S&P 500 to significantly underperforming. This just illustrates the efficacy of day trading, as opposed to just putting money in stocks and letting it sit. The latter strategy relies too much on trying to predict which stocks are going to perform well and investing in those stocks (which, you know, anyone who knows the first thing about investing knows that predicting market trends is literally impossible), while the former strategy allows you to tweak and fine-tune all the variables after-the-fact. Hell, if stock picks by so-called "experts" can be consistently beaten by stock picks based on the toss of a coin, I'd say day trading is the only way to get any real gains without making reckless bets.
@verita84
I use Fidelity Investments. I only get charged a penny for each trade, if that. Even if my capital gains from a trade are only 50 cents, the fee is still a tiny fraction of that.
@verita84
I've never traded crypto so I wouldn't know.
@verita84
I've never used Robinhood. As a general rule, I stay away from things that have a lot of hype attached to them (Game Stop, Big Tech stocks, Bitcoin, ETFs, etc.) Hype basically guarantees that something is overvalued or that the market is oversaturated. My rule is to look at what all the normies are doing and do the exact opposite.
