Trading is risky, and most day traders lose money. Ross's results are not typical. All information provided is for educational purposes and is not investment advice or buy/sell recommendations. Read our full disclaimer.

Blog Posts

ECN Fees

ECN Fees and How They Can Affect Your Profits

  Technological advances have made it possible for day traders to trade the financial markets efficiently and securely, much like the big financial institutions. The electronic communications network (ECN), sometimes also referred to as alternative trading system (ATS), is one such facility, a computerized system that matches buy and sell orders for market securities. ECNs are […]

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LIFO vs FIFO

LIFO vs FIFO: Which is Better for Day Traders?

  For day traders, both profitable and unprofitable, tax concerns are one of the most criminally overlooked issues. Why? Because aside from trading itself, taxes have the most material impact on your profits than anything else.  FIFO (first-in, first-out) and LIFO (last-in, first-out) are inventory accounting concepts. Your local grocery store probably utilizes FIFO to […]

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