Aethlon Medical Inc (AEMD)

[tellmenolies]

To the DAY traders.
Please help me understand how you guys make money buying and selling stock short term (most time the same day, in/out).

The Negatives I see from my brief experiences was;

A) When selling a stock and you want to reinvest back into it your having to re buy back in at a higher price each time losing shares.

B) Your tax rate for short term holdings is +30% opposed to 15%.

C) At the end of the tax year you have a huge amount of data buy/sells that have to be accounted for.

D) You miss out on the long term investment at the end since unexpected news events pop up unexpectedly and you may not be able to get your shares in a cost effective time.

Advantages for Day trading?