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Post# of 19131
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Upset Wookie

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Upset Wookie

Re: $Parabolic2030?$ post# 10238

Friday, 03/31/2017 4:45:39 PM

Friday, March 31, 2017 4:45:39 PM

Post# of 19131
You can make pretty solid money flipping intraday movers.

Say you bought a million late at .0022 and sold early at .0026. Thats a tidy profit of $400. Fees at TD would be a grand total of $13.90, for an easy profit of $387.10. With an average of 252 trading days per year you will net out $97k. Even assuming a %50 win rate you are still looking at 48k ish. Not bad at all considering that most of us are trading when our bosses aren't looking. People bash flippers alot until they realize it's an easier and safer bet to make "beer" money every day instead of waiting for the next 100 bagger. YMMV, I do both.

My posts are my opinion only. I do not and will not give investment advice.

I am probably the worlds angriest and most skeptical bear trader.

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