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Dennisb68

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Dennisb68

Re: Go_Getter post# 1665

Wednesday, 04/24/2019 8:26:14 PM

Wednesday, April 24, 2019 8:26:14 PM

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"2019 has 252 trading days. Averaged out earning of $500/day is $126 000 of earnings in one year + your original 10k."

Believe me, the average day trader is not making $500 a day. And on many days they lose money. In fact stats show that most day traders lose money about 50% of the time. And then you may have commissions and other fees.
Day trading is like playing these sub penny stocks. Occasionally you win but more often you lose.

If someone tries to convince you to buy a stock they usually have a personal agenda to do so. Not because they are concerned about you making money but about convincing you to buy so they can make money. Same is true for those yelling sell.

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