God Lord. I wish I could pull of a daily gain like that!
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So he is a day trader. He pumps stuff up pretty bad, talks big expectations and gets new investors wound up and end up bag holding, but if you watch the candles and get in and out you can make good money.
Here is the chart of the one he pumped all weekend, telling how it was gonna shoot up. It went crazy early premarket, and too many people jumped in on the rise and got stuck. You wait for a good pullback, then buy and watch it live the entire time, don’t leave your computer for these. Easy buy in, 1 hour hovering around $1.70, then boom up to $2.40-2.50 range. Quick 50% profit.
Just don’t gamble with your entire portfolio, 10% is a safe range to use. 90% in long term growth stocks, 10% to play with. Stock to it. I watched a 2 hour day trading course the other night, average retail stock trader lasts 3-4 months before they lose most of their money due to gambling with too big a chunk of their money. Keep it safe, supplement your safe funds with a few day trades.
If you don’t have $25k, you can do 3 day trades per week, pick your 3, make good calls, don’t use emotions. Make a plan, I’m shooting for 25% etc, then get out. Don’t look back and regret it when it goes another 50%. A 25 percent gain on 10% of you portfolio is 2.5% total. That’s smoking. As you can see he made .43% for the day. Keep making those 2.5% increases and it will multiply fast. Don’t have unrealistic expectations of doubling your portfolio in a day, that’s how you end up a statistic.