Well in that tax bracket I guess it will make more of an impact. But basically if a stock is volatile there are a lot of movements where you can make money and the long term movement will be a small fraction of all the swings. You don't need to be greatly accurate to get a decent portion of them.
How one dairy stock became a cash cow, page-15
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$5.70 |
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| Open | High | Low | Value | Volume |
| $5.86 | $5.93 | $5.34 | $93.50M | 16.28M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 526 | $5.69 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.71 | 23970 | 3 |
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