How many of you make over 100k/day regularly day trading?

Quote from kalikahuna:

100k/day consistent profit day trading sounds extremely tough and I would expect him to be in Trader Monthly's top 100 traders or something then.
More...

Ask him how many contracts he trades daily.
 
just the fact that the original poster is asking this question, will make you say HUH?

100,000 a day, 500,000 a week, sure no problem.

Just dumb....
 
Quote from Port1385:

Listen everyone. Everyone makes $$$ on Elitetrader. There are billionaire fund managers on this board. Dont doubt it, they are here everyday making $$$. Only the best traders come to this board. Why isnt that believable?

The best advice I can give you is to worry about your own situation and not someone else's. Focus on improving what you drive and dont look at someone else's ride...
More...

Great advice
 
Quote from kalikahuna:

So, I am not a day trader...solely do option trades that are usually held 2-5 days so not too familiar with what kind of capital and expectancies ppl have to day trade full time.

But a friend of mine, her new boyfriend told me and my wife that he avgs. 100k/day day trading in addition to earning 1mil/yr in long-term capital gains. Is this common? or is he likely full of BS? He does seem to be well off with a nice house in Century City and a ferrari...but 100k/day consistent profit day trading sounds extremely tough and I would expect him to be in Trader Monthly's top 100 traders or something then.
More...
100k per day?

Supposing they make an average of 1% per day (the 100k), by the way a very incredible feat; they'll need 10 millions of capital, to make $36.5 millions per year, without compunding profits.

Only losers state daily, weekly or monthly performance, as figures may vary greatly over time.
REAL Pros only state yearly performance. At most quarterly performance.
 
Quote from kalikahuna:

So, I am not a day trader...solely do option trades that are usually held 2-5 days so not too familiar with what kind of capital and expectancies ppl have to day trade full time.

But a friend of mine, her new boyfriend told me and my wife that he avgs. 100k/day day trading in addition to earning 1mil/yr in long-term capital gains. Is this common? or is he likely full of BS? He does seem to be well off with a nice house in Century City and a ferrari...but 100k/day consistent profit day trading sounds extremely tough and I would expect him to be in Trader Monthly's top 100 traders or something then.
More...
Ask him how who enters the trades.

To DAYTRADE to make 100k, he will need to hire people to enter trades for him.
 
Quote from crgarcia:

Ask him how who enters the trades.

To DAYTRADE to make 100k, he will need to hire people to enter trades for him.
More...

Why do you think so ? Maybe he pulls in 3-4 ticks daily in the ZB with 1k cars, or trades forex. All a matter of account size.
 
You must log in or register to reply here.
Back
Top