Are there people who actually make money off of day trading?
Are there people who actually make money off of day trading?
With the exception of Goldman Sachs using HFT to game the market, profitable day traders are like unicorns. You've heard of them, but you've never seen any proof of one.
We already told you, it's not GoPro's fault their stock went down, so you have no standing to sue.
You're not going to get any of your money back.
Yeah, most of my trades are daytrades. I'm up 27% last year and 40% this year.
However, I'm a collegefag so I've only made ~4K in profits, but I'll hopefully be a richfag in the longhaul.
Correct me if Im wrong but from what I understand, if you have enough capital to dump into a stock and then that stock jumps up 2-3% and you sell, then wait for it to drop and then rinse repeat. You can make decent income?
Look at SKLN for example, it repeatedly jumped up and down between 0.14 to 0.15 a share. Could you not just buy the dip and then sell 20 mins later then buy the dip again and do that all day?
Honest question:
What's stopping you from doing just that?
I make 120k a year and then just dump it into ETFs, index funds, mutual funds, and bonds.
I couldn't be bothered to be an active day trader... seems like a shitty way to make a living.
A trade has to be a minimum 1k to offset the fees of buying and selling cause its usually 10 dollars a trade or 20 dollars total to buy and sell one time
robinhood?