Are you a trader, an investor or maybe both?
The answer to whether investing is better than day trading will depend on your goals and mindset. If you have time, energy and interest in tracking economic and market news on a regular basis (daily if you’re day trading), then trading can be a fun, exciting and challenging way to make money. Keep in mind there are upfront and ongoing costs to consider with trading, including trading fees, research and subscription costs, and more. Proceed carefully, and first things first: our guide on how to invest in stocks. Go in with your eyes open, and understand that you might lose money, too. If you’re unable or unwilling to spend the time and energy researching the market and individual investments, then passive long-term, buy-and-hold investing is better than day trading. It’s less risky, less expensive, and less of a time suck.