Much of the anti-day trading discussion has really been thinly disguised complaints from the Wall Street elite who are scared to let mainstream America join their club. Personally, I would recommend only the most sophisticated, educated, experienced, and well capitalized investors consider day trading. It is surrounded by danger and offers commensurate opportunity. Amateur investors should not even consider it. However, Internet-based investing represents freedom and opportunity for individuals to invest nearly on a par with Wall Street elites and therefore also represents an economic revolution that can have enormous positive impacts.
Opportunity brings risk.
Let the investor beware. And long live Internet-based investing. All rights reserved.