Re:Day Trading for a Living?
by voldacar on Wednesday September 11, 2019 @03:05PM
(#20943582)
>If, indeed, the client is trading based on no information whatsoever, then the broker wins and the client loses.
If this were the case, wouldnt both sides just make 0$ on average over a long period of time? (or whatever the avg growth of the market was during this period)
I guess the broker would earn fees, but that still doesn't exactly sound lucrative
Re:Day Trading for a Living?
by amluto on Wednesday September 11, 2019 @05:02PM
(#20944675)
For the kind of trader that clicks on a computer all day, fees and spreads (which are not always easy to tell apart) can easily dominate price movement.
If this were the case, wouldnt both sides just make 0$ on average over a long period of time? (or whatever the avg growth of the market was during this period)
I guess the broker would earn fees, but that still doesn't exactly sound lucrative