Can you share what day trading expenses you incurred in 2024, excluding losses from trades and 2024 tax liabilities? Estimates are welcome. Please explain your choices and mention any free resources you utilize, as this could be beneficial for mutual learning.

Day trading involves several expenses beyond the apparent ones, such as the costs of the trades themselves. For 2024, the main expenses a typical day trader might incur include:
Trading Platform Fees: Though many brokers offer free trading platforms, some advanced platforms with additional features can incur monthly fees ranging from $100 to $300. These platforms may provide advanced charting, algorithmic trading capabilities, or live market data.
Data Feed Subscription: If you require real-time or level 2 data, you might pay $50 to $150 monthly, depending on the asset class and market exchanges.
Brokerage Commissions and Fees: While many brokers have moved to a commission-free model for specific asset classes, there might remain fees for trading futures, options, or certain international markets. This can vary widely based on your trading volume and the specific instruments you are trading.
Professional Advisory Services or Subscriptions: Traders may subscribe to news services, signals, or advisory opinions costing anywhere from $50 to several hundred dollars a month.
Internet and Technology Costs: High-speed internet is a necessity, potentially costing $60 to $100 monthly. Additionally, investing in reliable hardware like computers, monitors, or backup systems can be a significant one-time expense or a regular upgrade cost.
Education and Training: Continuous learning through online courses, seminars, or coaching can range from a few hundred to a few thousand dollars annually, depending on the level of engagement.
Other Software Tools: This includes expenditures on analytical tools such as Excel plugins, specific trading algorithms, or scripting languages, which may range between $20 to $200 monthly.

Free resources often utilized include platforms like TradingView for charting, Yahoo Finance or Google Finance for basic data, and free online communities or forums for peer insights. These tools support traders in minimizing costs while staying informed and optimizing their trading strategies.

By sharing these details, traders can better understand cost management and explore alternative resources that can enhance their trading potential efficiently.