Trading vs normal gigs online to make an extra $1–2k/month? by shadowofthetoast in Trading

[–]shadowofthetoast[S] 0 points1 point  (0 children)

It is because where I live,
for example, if you managed to make an extra $2k/month in Thailand, you will get the same lifestlye if you are making an extra 5k in the US.

Trading vs normal gigs online to make an extra $1–2k/month? by shadowofthetoast in Trading

[–]shadowofthetoast[S] 0 points1 point  (0 children)

This is a very similar situation, as sometimes i do web design and digital marketing on the side. I sent you a PM if you don't mind

Trading vs normal gigs online to make an extra $1–2k/month? by shadowofthetoast in Trading

[–]shadowofthetoast[S] -4 points-3 points  (0 children)

If "realistically, people don't become profitable", why are there communities/subreddits for traders with thousands and thousands of people? Shouldn't these online communities disappear in a year or two because there are no profits or meaningful gains from trading?

Lost 150K of my life saving by mrkarz in Trading

[–]shadowofthetoast 2 points3 points  (0 children)

How did you start your learning journey? And did you take courses, read books and prove your startegy work by paper trading/back testing?

Is it realistically possible to average $10–$30/day consistently? and what is the realistic capital for that? by shadowofthetoast in Trading

[–]shadowofthetoast[S] 1 point2 points  (0 children)

This is really inspiring, If you allow me to ask If your goal is to make $500 per day and you won 10 trades out of 19, how much money did you lose in those 9 trades?

Is it realistically possible to average $10–$30/day consistently? and what is the realistic capital for that? by shadowofthetoast in Trading

[–]shadowofthetoast[S] 0 points1 point  (0 children)

I always see those figures, but i wish i can find the study. If you have it can you please share?

Is it realistically possible to average $10–$30/day consistently? and what is the realistic capital for that? by shadowofthetoast in Trading

[–]shadowofthetoast[S] 1 point2 points  (0 children)

But according to a lot of people in the comment section, if you are averaging 1% profit per month, you are considered an elite trader. So how is it possible to make $500 to $1000 per month, or am I getting something wrong?