Day Trading FAQ #9 – How much money can I make?
It depends on the amount of capital you are prepared to risk, and your natural aptitude. Risking $2000 a day with a 5% return will produce $100/day before commissions. In about a month, if you maintained this rate of return, that would mean about an extra $2000. You can then start to increase your daily investment until you are earning the amount you need. You must not forget to allow for commission costs. There are some seriously cheap discount brokers online nowadays, typically in the $10 per 1000 share range. This make a million link will take you to a page where you can play with the Camarilla {b} Equity Curve game, and experiment with different scenarios.