Timeline for Day/swing trading: Making 30 USD per day with 10000 USD capital possible?
Current License: CC BY-SA 4.0
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| Nov 24, 2019 at 15:58 | comment | added | Bob Baerker | 198% represents earning 0.3% daily, compounded for 365 days. The OP asked about making a flat amount of $30 a day which would mean a return of 75% (251 trading days per year). One would not have to take massive risk to make .3% per day. One would only need to deploy a small amount of the $10k to do so. | |
| Nov 22, 2019 at 18:43 | comment | added | RonJohn |
Since he's asking for daily returns, and you can't trade on the weekend or on holidays, when computing 198% annualized (compounded daily, should you only use the 251 working days in the year? (Not that it'll change the ultimate answer.)
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| Nov 22, 2019 at 17:43 | history | answered | D Stanley | CC BY-SA 4.0 |