The Make Money Online Thread

Bboystyle

Bboystyle

FIRE MATT LAFLEUR
Joined
May 2, 2012
Messages
48,562
Reputation
6,130
Daps
81,789
Reppin
So. Cal
Learning day trading now. Only need 2k to start. Up to $3720 since the 11th. These are quick in and outs. For a portfolio my size, i make about 10 to 30% gains and dip. Do this 5 to 6 times a day. Goal is to make $200 a day at minimum but will go for more if the market is right and never chase losses and never lose more than $100 a day. I know im not gonna win every day so losing half a days winnining is my strategy to build. So far ive had 8 wins and 4 losses. I check back in a month
 
S

Skillz

Rookie
Joined
May 12, 2014
Messages
208
Reputation
30
Daps
250
Bboystyle said:
Learning day trading now. Only need 2k to start. Up to $3720 since the 11th. These are quick in and outs. For a portfolio my size, i make about 10 to 30% gains and dip. Do this 5 to 6 times a day. Goal is to make $200 a day at minimum but will go for more if the market is right and never chase losses and never lose more than $100 a day. I know im not gonna win every day so losing half a days winnining is my strategy to build. So far ive had 8 wins and 4 losses. I check back in a month
Click to expand...
What's the time commitment like for you? Want to look into this if I can do with my full-time job.
 
Doomsday

Doomsday

Superstar
Joined
Feb 19, 2014
Messages
10,367
Reputation
2,634
Daps
24,952
Artificial Intelligence said:
I need a new product/hustle.. got shut down by the video game retro console makers lol
Click to expand...
:mjlol:Could you talk about that if you don't mind? I've been curious about the retro console market. How did you get set up and what were the profit margins like? Also, how did you get shut down?
 
Last edited:
CopiousX

CopiousX

Veteran
Supporter
Joined
Dec 15, 2019
Messages
15,167
Reputation
5,308
Daps
74,825
Bboystyle said:
Learning day trading now. Only need 2k to start. Up to $3720 since the 11th. These are quick in and outs. For a portfolio my size, i make about 10 to 30% gains and dip. Do this 5 to 6 times a day. Goal is to make $200 a day at minimum but will go for more if the market is right and never chase losses and never lose more than $100 a day. I know im not gonna win every day so losing half a days winnining is my strategy to build. So far ive had 8 wins and 4 losses. I check back in a month
Click to expand...
Id be horrified of being addicted if i moved like this.

Ive considered it, but only if the whole process was automated and running on a program . Activey making decisions and watching the ups and downs sounds like crack. I'd need a system where i could code parameters into a trading algo and then walk away. Then Check back in a few days a later after the system has ran hundreds of trades like :ehh:



What ive heard is you get reeled in with the good days, but then when a bear market hits you end up stressed out trying to make back losses.


Ive looked into coding such a model, but if im being honest my math skills arent up to par. Id need better regression analysis, statistics, linalg, etc skills. Its not so much about gains, but quantifying the loss potential of a trade which is hard as hell. Any yokel can see upside potential in a biotech or tech stock, but limitting the loss potential is the goal. Its doing this on dozens of daily trades that makes me scratch my head
 
Last edited:
You must log in or register to reply here.
Top