Quote (BlemBlem @ Dec 25 2021 09:43pm)
Alot of day traders fail because of greed … gotta be happy with them 2-3% gains get in and out quick it will add up
But that's the thing. It does not really add up unless you're trading with significant sums of money and successfully doing it. You're likely far better off in putting your efforts into increase your two week return on your time, a pay cheque.
The at risk amount to earn 2-3% and make it worthwhile is likely the OPs entire savings.
Most people are far better in spending time on their own education that will have a direct pay increase. If your an Eng. Go get your Peng. Same with P Bio, P Chem. If you have a two year program, go get the courses necessary to get a 4 year undergrad. If you have nothing search our a two year program, etc, etc. There's something for the majority of people who have the time to learn something new and have some disposable income ready, which I assume the OP does because he's planning to day trade. '
Anyway that's my rant. So many young traders being influenced by Reddit right now. For the past 5 years you could toss a dart at the dart board and win. It wont always be like that and to think you're successful because you're marking a return right now is very misleading. If you're young you should think about a long term career. Too many young people getting sucked into the haha I can trade for a living because they're making money off the market. An ape can make money off the market when all the market does is go up.