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re: $500 a day keeps the day job away

Posted on 8/29/20 at 6:22 pm to
Posted by cgrand
HAMMOND
Member since Oct 2009
40315 posts
Posted on 8/29/20 at 6:22 pm to
quote:

but once you start talking large sums (250k and more) it becomes extremely difficult to maintain large returns due to shallow market liquidity.

I have 250K in individual stocks right now, that ain’t shite.
I buy and hold not trade but still I’m only making 10-15K bets at a time.
of all the ways to make 500 bucks a day I’m thinking trading 250 large at a time is the worst way to do it
Posted by Decisions
Member since Mar 2015
1514 posts
Posted on 8/29/20 at 7:47 pm to
quote:

I have 250K in individual stocks right now, that ain’t shite.


I was talking individual trades. I would agree, 250k as an account isn’t massive, but you should only be trading that much a pop if you have an account in excess of.....likely 10 million imo.

It’s definitely not the easiest way to get 500 a day. I’d just plop that money down on some managed investment property and watch the cash roll in.
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