As an example SLJB is up 6.67% today.
As an active trader, I am satisfied on a swing to take 5% and clear out of town. Just so you can learn what such a return can do. Let us say you divide your portfolio into 10 equal portions and place each one into a different stock, chosen to be a likely short term winner.
if you sell at 5% gain on any given position and then let that money lie fallow the rest of the week, then assuming you don't incur losses on that position, then at the end of the year, the math works out to:
1.05 ^ 50 = 11.5
In other words, just taking a 5% return per week on each portion and lying it fallow the rest of the time gives you a ten bagger. I don't know about you, but for me, an APY of 1000% seems to be a reasonable rate.
if you would like a more in depth explanation of such an approach, just let me know. In the meantime, rest assured that there is nothing wrong at all with a 6.66% single day return.
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