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 STOCK MARKET DISCUSSION V150

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QQHTJ
post Apr 1 2020, 12:58 AM

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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)?
QQHTJ
post Apr 1 2020, 01:48 AM

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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).
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.
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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..
QQHTJ
post Apr 1 2020, 01:49 AM

Getting Started
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This post has been edited by QQHTJ: Apr 1 2020, 01:51 AM

 

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