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The question is can you make $700 every trading day consistently. Sometimes you win and sometimes you lose. Statistically, most likely you will balance out, however, after tax, and commission, you may end up with a loss. Ideally, if you look at the daily chart, you will see stock had day low and high , of course , if you are lucky enough and buy low and sell high you can make quick money by day trading , the question is how many people in the market can be so lucky , " every trading day" , and buy low , sell high consistently every day ? ? |