The trading mechanism does inhibit day trading to some extent. True, there's no commission, but it's hard to unload a large position without driving the price down as you're doing so, which can erode any gains. Of course, when a stock gains over 50 points, that's not a huge issue. You're probably right about it being volatile right now, but the incredible gains probably caused it.
5
The trading mechanism does inhibit day trading to some extent. True, there's no commission, but it's hard to unload a large position without driving the price down as you're doing so, which can erode any gains. Of course, when a stock gains over 50 points, that's not a huge issue. You're probably right about it being volatile right now, but the incredible gains probably caused it.