Which trading strategy/method makes on avg the highest profit per month?

Discussion in 'Trading' started by Quanto, Mar 10, 2024.

  1. 2rosy

    2rosy

    Easy. Stand top step in high volume pit next to a high volume filling broker who happens to be your relative.
     
    #11     Mar 10, 2024
  2. Quanto

    Quanto

    @2rosy, you better should klick on "Reply" and quote the posting you are referring to, as otherwise nobody knows to which posting you do reply.
     
    #12     Mar 10, 2024
  3. I would say buy stocks like ENVIDIA or GameStopp. Forrex and bitcoins are good too.
     
    #13     Mar 10, 2024
  4. deaddog

    deaddog

    Are you actually achieving 1.3% per day or is this just theoretically?

    I also have done both and found that swing trading was just as profitable without the stress of sitting in front of a monitor all day. I'm happy with anything over 20% per year.
     
    #14     Mar 10, 2024
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  5. Quanto

    Quanto

    @deaddog, I need at least 30% per month for World Domination :)
     
    #15     Mar 10, 2024
    deaddog likes this.
  6. 30% per month :D:D:D

    It will be more like -5% per month.
     
    #16     Mar 10, 2024
  7. Sekiyo

    Sekiyo

    Depends on the risk.
    I do risk 5% (max loss) per day and achieve +1.3%.
    I day trade news and the opens, for about an hour every day.
    If there is not enough volatility then I don't even day trade for the day.

    Everyone has his own personality, preferences.
     
    #17     Mar 10, 2024
    Quanto likes this.
  8. I am quite content with day trading, the best strat.
     
    #18     Mar 10, 2024
    SimpleMeLike likes this.
  9. nitrene

    nitrene

    2230% gain per year is a bit much. The highest fast return I ever made was buying LEAPs on all low price housing stocks near the end of last October. I had Zillow March 2024 60 calls when it was in the 30s and it went up 22X in 4 weeks. The same for Redfin, Rocket, etc. That was an anomaly due to the Fed pivot and rates going from 5% to 3.8% in like 2 months.

    I didn't do it but if you bought LEAPs on NVDA AMD SMCI last summer you could have made upwards of 100X in 9 months. I like the massive leverage of LEAPs if you get the direction correct. I bought LEAPs on EL when it was near the lows and it went up like 50% in 3 months and the option went up about 10X.
     
    #19     Mar 10, 2024
  10. schizo

    schizo

    Seriously, did you believe those who make that amount of money would share their secret with you? :rolleyes:

    [​IMG]
     
    #20     Mar 10, 2024