Yesterday i knew absolutely nothing about any of this shit, now I'm aimlessly looking for stuff on youtube to explain as much as possible, not necesarily in order to take part in it, although I'm definitively considering

  • wantonviolins [they/them]
    ·
    4 years ago

    You don't day trade blue chip unless you're trading margins and obsessively following the news around those companies in an attempt to time the market. It sounds like he made a bunch of conservative moves and mostly made small profits and losses.

    Day trading is about losing $15,000 on Monday and making $38,000 on Wednesday and losing $18,000 on Friday and coming out $5,000 ahead for the week. It requires a vast pool of capital to draw from in order to make real money because you will lose and you will lose hard. You just play enough that it trends positive.