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A comment on Almost 80% of Private Day Traders Lose Money. Parent comment

Re:Almost 80% of Private Day Traders Lose Money by jdmichal on Monday August 22, 2016 @10:28AM (#12336546)
With commissions per trade, brokerages love day traders. The more activity, the more money they make. They hate people that buy a stock with 3% dividend yield and don't touch it for 10 years.
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Re:Almost 80% of Private Day Traders Lose Money by manishsharan on Monday August 22, 2016 @10:40AM (#12336617)
Its not just the trades that generate fees; the application enables you to borrow money with a click of button ( kind of like how they place ATMs near slot machines). The trader pays a borrowing fees plus interest.
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