Hi everyone, wanna ask a question, if let say want to be trader, how much capital need to fork out and how much can earn everyday (target around 200-300)?
STOCK MARKET DISCUSSION V150
STOCK MARKET DISCUSSION V150
|
|
Apr 1 2020, 12:58 AM
Return to original view | IPv6 | Post
#1
|
![]() ![]()
Junior Member
232 posts Joined: Jan 2009 |
Hi everyone, wanna ask a question, if let say want to be trader, how much capital need to fork out and how much can earn everyday (target around 200-300)?
|
|
|
Apr 1 2020, 01:48 AM
Return to original view | IPv6 | Post
#2
|
![]() ![]()
Junior Member
232 posts Joined: Jan 2009 |
QUOTE(mr_tuzki @ Apr 1 2020, 01:16 AM) How much you capital you need is up to you. Trading is all in percentage terms & is the same (excluding fees). I'm more clearer right now with your metaphor helping. Yes I'm new to trading, all the while I prefer long term investment, buying divided paying stocks. But right now it seems bear market anytime...wanna get ready to trade..If you invest $1000 & stock goes up 10%, you profit $100 If you invest $100k & stock goes up 10%, you profit $10k You're targeting to make 7.5k/month = 90k/year. If you're investing, assuming a 7%.p.a. return over the long term, you'd need $1.28 million in capital. But if you're chasing short term gains, there's no answer. You could put 1k today and tomorrow becomes 2k, or becomes 0. There's more risk involved. If you're not experienced day trading is pretty risky. |
|
|
Apr 1 2020, 01:49 AM
Return to original view | IPv6 | Post
#3
|
![]() ![]()
Junior Member
232 posts Joined: Jan 2009 |
.
This post has been edited by QQHTJ: Apr 1 2020, 01:51 AM |
| Change to: | 0.0954sec
0.80
7 queries
GZIP Disabled
Time is now: 19th December 2025 - 11:25 AM |