View Single Post
  #10  
Old 01-24-2005, 03:50 PM
siriusradio siriusradio is offline
Member
 
Join Date: Oct 2004
Posts: 55
Default Re: Anyone Day trading?

Day Trading and poker are completely different when it comes to how much you can make. You can build a bankroll to 50k playing 20-40 but if you continue to play 20-40, your bankroll has no effect on how much your expected return will be. You will still be makin 1BB an hour. Now say you start with 10k in the market and can make 10% a month day trading. You'll start with 1k a month profit, but as your roll builds you will make larger purchases so your profits are almost unlimited until you get to the amount of money where you start to move the stock yourself if the particular stock isn't that heavy in volume. Im a fairly new "swing" trader.. started with 1k and now have 7k in just over 2 months. I'm looking to take a home equity loan out to get me a real bankroll like $50k+ and you will be reading about me in a couple years... how I turned 1k into 2 million. IT'S A LOCK!
Reply With Quote