Day trading isn’t easy and profitable to most traders. If you’re not Thomas Miller or John Roberson, you may reconsider day trading because of the following reason: Tax. Day traders are taxed at normal income tax rates and are less likely to outperform the market when compared with just holding. Warren Buffett defers income until…
It’s difficult to decide the most appropriate level to choose, as it is based on the individual’s trading strategy and experience. In general, the longer you plan to hold your position open the lower the leverage will be. This is logical since long-term positions are typically open when major market movements are anticipated. Preferred leverage…
Day-trading isn’t easy and profitable to over 97% of traders. If you’re not Thomas Miller or John Roberson, you shouldn’t ever day trade because of the following reason: Tax. Day traders are taxed at normal income tax rates, and are less likely to outperform the market when compared with just holding. Warren Buffett defers income…
