Day trading, does anyone actually makes money doing it...

First learn english

>Day trading, does anyone actually makes money doing it.
Some do, most don't. Most of the successful ones worked as brokers or in the industry in some way, and know how to gauge the markets.
>Why do you need 25k to be able to buy and sell without restrictions
Because Robinhood doesn't want to waste time and effort on someone with no money.
> is it better to buy one stock or multiple ones ?
If you're asking that, you should not be buying stock at all, you have no clue about the basic fundamentals. Go read Investopia for 6 months. Don't even think about buying stock until then.
>Like what prevents people from throwing 30k on a stock, it goes up 1% and you just made $300, it seems to easy to be true.
See above. You're also discounting the trading fees and taxes on capital gains for 1% in profits. You're probably to ignorant to do the basic calculations to determine the profit margin on 1% in a real world scenario, so see above - go read Investiopia. Go take a remedial math class, because you probably scraped a D in math because you spent more time fapping over your Magic: The Gathering cards than paying attention.

You are in no position to day trade. Even people who know what they're doing aren't. Day trading is not a get rich quick scheme, it's actually a lot of work, and requires more than just Robinhood. You are not capable.

If you only got some pocket money (

Telling someone as ignorant as the OP to Forex trade is hilarious. Good troll, would read again.

I have occasionally done high frequency trading on the forex market for very small sums of real money and lots on demo accounts for fake money. Towards the end I started to become consistently successful.
Took a long break from it to finish school and plan to go back to it once my job and housing situation is more stable than it currently is.
Forex is the best market there is for pure auction theory traders and people that are comfortable with widely ranging markets.

there is a thread dedicated for crypto daytrading... wait for OP to post his analysis and entry point.

get laid dude

Robinhood didnt make the 25k rule you mongoloid, FINRA did. It's broker agnostic

Only people that have enough money to waste and people investing with other people's money are able to do it. Active investing is a rich man's game and you need to build secure assets before attempting it.

LOL. REEEEEEEEEEEEEEEEEEEE

Simply put, day trading is for people who have the time to warch price action, indicators, and their positions like a hawk. 90% of people lose money because 90% of people trade with emotion and not empiricism. Buying and hodling is for people who already have massive $200k stacks to put down and sit on. You're not going to "make it" if you're trying to hodl with anything short of $50k.

Day trading is far superior for the task of growing small account sizes into larger ones. Hodling is if you want low risk/low reward slow growth over time

How can 90% of people lose, I just don’t get it, like if you let’s say buy a stock like McDonalds it goes down 1% don’t sell it until it goes up

You probably won't get it until you try it and lose money because of how hard it is.

Yeah but most people lose money or make less than they would with a simple long term investment

flipping stocks and making gains on daytrade is parasitic, mentally unhealthy and detrimental to your confidence because in the end, you realize that you aren't creating anything of value. stop doing it user, daytrade kills.

Who says it will go back up 1% in same day or even same week. Maybe it dips 5% and goes up 1% and you have to wait. Its not as simple as just yoloing a stock. If it was lots of people would be throwiing savings at anything.

That 90% figure is a rough estimate that accounts for dollar amount lost over time, not percentage of trades. Basically, you can win most of your trades, but if the dollar amount of your losses is greater than your wins, your percentage of wins don't matter. And usually, this happens because most people that try trading don't actually manage risk on a dollar basis and end up trading sizes they can't afford. The common forex institutions and advice given on forums are especially guilty of this when they tell people to trade no more than 2% of their account on a single trade, as if that means anything without also defining a stop loss and take profit. Every trade you make, regardless of what market you're not, needs to be predefined in dollar amounts, not percentages.

90% of people can't into stop-losses, and a huge portion of trades occur with FOMO.
>Don't sell until it goes up
That mindset is WHY people get fucked. The market moves in the wrong direction, and people don't have the discipline to cut their losses. Everyone just wants to "ride it out" and hope the that market bails them out in a major gamble.

You're not wrong that it's a good move to wait for a stock to recover. But that assumes that the stock will recover and that it won't dip more and that your equity is best spent holding the stock. Day traders want as much of their money as possible moving up in value at all times, and if you bought a stock expecting it to go up and it's not going up but you have another pick, what are you going to do? You're describing long term investment- which most people don't lose on. Day trading is attempting to come out ahead of short term variations in price, which is a whole other ball game

day trading seems stupid

swing trading is way better

i just made 40% in a month on Citi, JPM, and USB

now i owe a fuck ton of taxes though

Not a lot of people can do it, how many people actually have 25k saved in cash ? 68% of people in USA don’t have 750 in cash for emergencies ! So I think maybe only 5% of people in USA have saved 25k, this is a lot of money and I’m not talking about your property value that you paid on for 10 years or your credit card limit or your 401k, I’m talking about pure cash saved up

bumping this thread because fuck niggers and fuck jannies

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