RE: Lovely day folks26 Jan 2021 21:04
Patient, I am not talking about overall profit or loss, I talking about profit or loss on the single deal as a day trader. If you buy & the sp falls, at that point have lost. If you sell & the the sp rises, at that point you have lost, in that if you hadn't sold ,your holding would be worth more. This is just basic maths common sense, however if you can make money buying & selling after 1/2 stamp duty + costs then you are either very clever or very lucky. If you worked out over a year how much you have paid in these costs,it would a lot of money. But good luck. Of course if you bought at 93p then of course that was good, but if you held on & not sold ,you might be even better off. Like any business you have to watch your costs, & I suspect your's are off the radar. Cheers mate.