Understanding the High Cost of Frequent Trading | The Motley Fool
Understanding the High Cost of Frequent Trading | The Motley Fool
Jul 17, 2017
fool.com
Let's explore the three main types of traders 🤫 Firstly, there are day traders who trade every day using very fast timeframes. While it's possible to make significant profits, such as $2000, $3000, or even $4000 in a single day, there is also a higher risk of losing money. This is because day traders enter multiple trades daily, increasing the likelihood of making mistakes ☝️ The second category is swing traders, like myself. We typically trade once or twice a week and aim for smaller percentag
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