Just wondering and sorry if this is asked a lot new here, but what prevents a day trader from just trading stock on small stock gains.
Say a trader buys at $40 and sells at $40.02 multiple times a day. With enough money that adds up quite a bit. Its sure to cause major issues to stocks if that was a normal practice no?
Edit: Google is amazing: Found out its normal and called scalping. https://www.investopedia.com/articles/trading/05/scalping.asp
Submitted February 27, 2019 at 09:08AM by zeldabluess https://ift.tt/2tH7nBP
