How Realistic? $50k account, $500 / day

Discussion in 'Trading' started by AFChao, Jun 3, 2012.

  1. courage, patience, flexability

    Those are the main ingredients for success

    I don't know about dealing

    But if you're making it you also need some distilled water

    (I found that out when they stopped me when I had quite an impressive aquarium)
     
    #231     Jun 17, 2012
  2. Nice traits, I think a successfull small stock trader = passion + focus + hard work + unique stock trading plan + independent thinking/research + Zen-like simplicity + open-minded flexiblity + patiance/timing + discipline + risk management + a little luck + ....
     
    #232     Jun 17, 2012
  3. Hager

    Hager

    Can you teach me please?
     
    #233     Aug 8, 2016
  4. ...1% a day is possible. -- if you trade the right instrument and know what you are doing :sneaky:o_O
    I quickly skimmed this thread...I can't believe how many negatives and naysayers there are -- I assume all of them are failed/jaded traders.
     
    #234     Aug 8, 2016
  5. %%
    To put it another way; much easier to make $2,500 a week than $ 250k per year.Sorry my comments do not apply to his day trading for making $500 per day.But since his headline says $50k account/ $500 day[singular, one day] great question.Wisdom is profitable to direct
     
    #235     Aug 8, 2016
  6. K-Pia

    K-Pia

    1% per day may not be realistic. But an average of 1% per day is doable.
     
    #236     Aug 8, 2016
  7. One thing is certain, There are a lot of dreamers in this forum.
     
    #237     Aug 8, 2016
  8. K-Pia

    K-Pia

    It's Romantic to be constantly Deceived then Sick.
    You end up beating your own self to death.
    It's like ... You're your own assassin.
    That's pretty comforting =D
     
    #238     Aug 8, 2016
  9. Simples

    Simples

    1% per day means in 15 years you'll own everything on this entire planet and more.

    Of course, everyone on ET owns at around 100-1000 planets each, so their advice will vary by quite a bit.
     
    #239     Aug 8, 2016
    FreakofNature and K-Pia like this.
  10. K-Pia

    K-Pia

    Actually the OP said 500$ a day ...
    There's no compounding in action there.
     
    #240     Aug 8, 2016