Day stock trading – If that is what you prefer, there are two or three ways you can do it.

Some brokerage firms have an advisory service. They will, on your instruction, make all decisions to buy and sell and hold the securities for you. Many people handle their investment thus, either placing entire reliance on the broker or conferring with him on each particular investment decision to buy or sell. Many commercial banks and trust companies have departments not only for custody of securities but for supervision and management of portfolios as well. There are standard charges for this service (around %% of the principal amount of securities under supervision). The advantage of this arrangement is the client's complete freedom from decision and detail.

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