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Have you found it profitable to day trade
Posted on 5/18/15 at 12:06 pm
Posted on 5/18/15 at 12:06 pm
How was your progression, were you successfull at first?
What is your average, and highest percent made in a short period.
What is your average, and highest percent made in a short period.
Posted on 5/18/15 at 12:14 pm to Rust Cohle
I cleared 5000% in 2008 day trading, this was from March to December.
But that was an anomaly, every other time I have done it I have lost money.
So I quit doing it.
But that was an anomaly, every other time I have done it I have lost money.
So I quit doing it.
Posted on 5/18/15 at 12:22 pm to Rust Cohle
If by day trading you mean actual day trading (in and out the same day) you have to have a very large amount of money to make it worth the effort and transaction costs. If you mean investing for short periods of time, yes, I have made money. I have also lost a lot (40% of my portfolio in one year). It's not worth it if you are in it for the money. I do it because it's fun. You have to be prepared to lose a lot when you go on a cold streak.
Posted on 5/18/15 at 1:59 pm to TheHiddenFlask
Does the sec require 25 grand to day trade?
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