To clarify: I still have to execute the orders to buy and sell, but the thinking for when to buy and what to buy is automated.
I just sell after the earnings or when I gain the desired amount (5-10% return)
I just sell after the earnings or when I gain the desired amount (5-10% return)
2) Broker fees are $0 as I use Robinhood.
Like I said, I made a ~44% return. If a $7 trader fee is your argument for it not being viable then you are most likely not investing enough money, or not getting a decent return.
...and if your business is really killing it, and you're also killing it in the stock market, I am certain you won't have a problem paying a few dollars to the US Gov. It's still better than other investment avenues :-)