In this edition of The Motley Fool's "Ask a Fool" series, Motley Fool analyst Jason Moser takes a question from a reader who asks: "What's your Foolish take on day trading? Can investors make money doing it?"
While there's no question that investors can make money day trading, Jason is quick to note that the biggest challenge for investors is being able to do it on a sustainable basis. The daily gyrations of the market are too difficult to predict with any kind of long-term success, and the added frictional costs of day trading in the form of commissions and short-term capital-gains taxes can be a bigger burden than many investors think. We Fools prefer to "get rich slowly" by investing in quality businesses and then letting time (and good management) do the rest.
Watch the video below to find out more.
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