How much do day traders make

Discussion in 'Trading' started by newdog, Jan 27, 2017.

  1. Vindago

    Vindago

    So I am.
     
    #161     Jan 30, 2017
  2. Last edited: Jan 30, 2017
    #162     Jan 30, 2017
  3. Pekelo

    Pekelo

    Oh, never explain a joke....

    Obviously I was joking. Menendez brothers>>>killing their parents>>>jailed for life>>>not regretting anything
     
    #163     Jan 30, 2017
  4. The amount you make depends on two simple factors:

    1) How much is your capital
    2) How much risk are you willing to take

    If you have a working capital of 1M you would be needing to make ~15% return per year to meet your present salary. If you bump up your capital to 5M you would only need to make ~3% (and therefore could buy some bonds/dividend ETFs and relax).

    However, a lot of people only have a small amount of capital (25k?) and therefore need to take a LOT more risk in order to make your present salary.

    We can 'safely' ignore everyone on this board and go with well published/documented numbers on returns of Hedge Funds, known Investors, mutual funds, and various ETFs. If you need to consistently beat 'the professionals' by a large margin in order to meet your financial goals, you may have your work cut out for you.

    For those who suggest they are getting 200%-300% on average over the long term (10+ years), then the question begs:

    1) Why do they need to still make money (they should be billionaires by now)
    2) Why do they spend time posting here? :)

    Be wary of those who suggest high returns -- chances are they were during ideal market conditions and will easily/quickly loose it all as soon as the market turns against them.
     
    #164     Jan 30, 2017
  5. Ryan81

    Ryan81

    ^^^ This +100
     
    #165     Jan 30, 2017
  6. Mtrader

    Mtrader

    Why is Warren Buffett living in such a small house? Maybe he is not a billionaire.


    [​IMG]

    Why is Warren Buffett not driving Ferraris, Lambo's, Rolls Royces or Bentley's? Maybe he is not a billionaire.
    Why does he not own private islands, big yachts... Maybe he is not a billionaire.

    You probably don't even understand the stupidity of your posting. I tried to lower to your level in my posting. So maybe you will understand my posting.
     
    Last edited: Jan 30, 2017
    #166     Jan 30, 2017
  7. #167     Jan 30, 2017

  8. Everyone has a style
     
    #168     Jan 30, 2017
    rajesheck and lawrence-lugar like this.
  9. 1-1.5 a day everyday ? And how long has this growth been going on?
    At that rate your making 250% a year
    Is that correct?
     
    #169     Jan 30, 2017

  10. At that rate your gonna be the richest man
     
    #170     Jan 30, 2017