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Old 10-09-2006, 01:53 PM
earsha earsha is offline
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Re: Realistic daytrading

In my opinion, it is very possible to get your 1.5 to 2 percent per day. The variable is all in your ability to find the right stocks, get the right entry, manage the trade with a balance of fear and greed (risk to reward), and finish with a timely exit.

I have made more than 2 percent in a day before, but I am not yet consistent. I have also had a profit and let it drift away, greed making me think it would come back. I have also exited too soon, fear limiting my profits. It's all in your skill and the balance you achieve between all the variables.

Bottom line, yes, it is very possible, however, you will probably not achieve that right away. I consider myself an intermediate trader as far as experience goes. I would ask that some of the more advanced traders on the board give you some input as well. I have spent a lot of time watching stocks move. There are plenty of them out there that can provide what you seek. It's all a matter of finding them and working them with finesse. My wish for both of us is that we achieve that rapidly.

Earsha

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