are you day trading stocks for the short term gain? If so, aren’t the profits ate up by taxes?
As the old saying goes, there's good news and bad news about paying taxes on short-term gains.
"The bad news is that you’re paying taxes. The good news is you’ve made money worth taxing!"
As an aside, my focus as an investor is on companies that act as disruptors within their industries. To me, AI represents the most transformative disruption in history—greater even than the steam locomotive, the automobile, the airplane, the PC, and the internet combined.
For ETFs, I favor QQQ because it includes many disruptive companies while offering the added security of asset allocation. Although I don’t diversify extensively across other industries, I’m cautious about becoming too concentrated in a few key stocks—something I tend to drift toward when I select companies like Nvidia (which has been my favorite for a very long time).