Buy low and sell high. That's the core sequence of events required to make money in the stock market. Traditional investors can wait years between the buy and the sale. But day traders, well, they try to get the job done in a single day.
The appeal of day trading isn't hard to grasp. Well-timed trades can easily produce double-digit gains faster than it would take you to commute to the office. And thanks to apps like Robinhood and TradeStation, you can buy and sell with no transaction costs -- making the road to profitability even shorter.
Unfortunately, the lure of quick gains can easily distract you from one simple truth: that day trading just isn't worth it. Here are 10 reasons why.
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