http://www.telegraph.co.uk/finance/personalfinance/investing/11152406/The-DIY-day-traders-I-lost-250k-but-made-it-all-back-and-more.html "It's a bit like professional gambling. Trading in seconds is the opposite of genuine long-term investing."
Mr Dampier explained that it is impossible to predict short-term movements in the market unless you have inside knowledge - which is illegal. "There are far more losers than winners," he said.
UFC Markets, InterTrader Direct, ETX Capital or IG,