That's called "day trading" basically ... in and out fast ... and most who do it lose money; its really making stock purchasing/selling more like gambling.
Remember also that you will not get long term capital gains, favorable tax treatment, if you don't hold it for 6 months, it will be ordinary income.
Yes of course you can do this, but remember if you are doing this then you must be aware about the market trend, so that you can be ready for the next day market opening.
Moved to the Hive platform.
That's called "day trading" basically ... in and out fast ... and most who do it lose money; its really making stock purchasing/selling more like gambling.
Remember also that you will not get long term capital gains, favorable tax treatment, if you don't hold it for 6 months, it will be ordinary income.
View this answer on Musing.io
View this answer on Musing.io
Yes of course you can do this, but remember if you are doing this then you must be aware about the market trend, so that you can be ready for the next day market opening.