Hey dumbass, So you get an idea. That's 1 to 1.5% day in day out daytrading profits on 300K account. 1% return is $3000. Now times that 20 trading days. $3000*30days=90K a month. I dont expect you to get it. I made about 60 trades today. The point is to be consistent taking profits, protect and build yoru capital. You keep buying stocks on the way down and HOPE they make a come back in weeks/months/years?. Average down!!! Good luck. LOL
One has to ask why does a man who is profiting, "..90K a month.." "day in day out daytrading" only have a 300K trading account?
Compounding 1 or 1.5% per day "day in day out" is unheard of... really unheard of... why not get yourself some real fame by going on CNBC fella? Instead of trying to impress all of us little folks who don't have any money <COUGH> Seriously though, if you only have 300K but are making those kind of returns, you can get that kind of money in salary for running a show or fund...
Sounds like a good place for applying Occum's razor.
You are still playing in the short grass. Good luck to you.
Golly KtYde7, your some smart guy. Your the trader of this and last century.
Now lets' examine your stated calculations...
20 trading days /month = 240 trading days per year You earn 1.5% per day, everyday, day in/ day out So 2 years ago you would have had to start with only $596 to build to $310k today.
WOW. As I said, you da man, you da master...
You don't pass the smell test.
Just high school math buddy.
$596 to $310,000 in 2 years at 1.5% per day return. hahahahahaha
hg_engineer please check my math, I might be wrong. My response was to KY not Ank. Ank just stuck his nose in.
My point is KY was dissing me for making 25% in 1 day since it was a small amount of money. I called him a putz. I was being polite. Actually anybody who disses a trader for making 25% in 1 day is a JERK! But I'm more polite than that.