After HFT, day trading has become intraday or short term.
I would be really happy to do 2-5% per WEEK!
If I did that since the 1st day of investing/trading, i would literally be a billionaire by now. BTW, I invest for a living. That is my main source of $$$, and I kid you not, it is easier to make $10k or even $450k as an employee than a stock market.
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Originally Posted by N55
Day Trade the stock market. That's what I do, great returns (if you know how to play it right).
With $100k you can easily rack $2000 - $5000 / day. (Don't ask how i know ;-))
You can lose big too......
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Quote:
Originally Posted by NemesisX
Wow! No kidding?! People can easily make 2-5% (initially) per day through day trading?
Congratulations on easily achieving a level of performance that far outpaces even the top hedge funds on earth at the tender age of 18  |
Quote:
Originally Posted by Ben2k9
lol...
Let's do the math on that one...2-5%, so let's say an average of 3.5% per day. If the money compounded you'd have $97 million dollars by the end of the year, assuming 200 trading days.
If you just took out your profits everyday and traded with the $100k only ever day, then that's just a mere $700k per year in income.
Hey look, a unicorn!
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