Why Day Trading Doesn't Work (Top Ten Reasons) | 2021

Day trading is usually seen as a glamorous way to make millions in the stock market, while travelling the world - and nowadays everywhere you look people are selling courses that pretend you can strike it rich with their "secret strategy".

The problem is that day trading sucks. I'm not saying that anecdotally, I'm saying it based on data, where almost every single piece of research has proved that it's a terrible way to get involved in the stock market.

In this video, I'll beak down some of the reasons why, including transaction costs, psychology, technical analysis, missing out on growth & dividends, technology, taxes, capital requirements...you get the picture.

Hope you enjoy and see you next week