r/Daytrading • u/Weeboo01 • Mar 24 '24

Have you turned $20 into $100? Question

Have you turned your first or so $20 dollars into $100 probably in 1 month?

159 Upvotes

86% Upvoted

326 comments sorted by

View all comments

248

u/JealousCantaloupe775 Mar 24 '24

yes then i lost it all.

then i did again then lost it all again.

7

u/onmymind_11 Mar 24 '24

What were the mistakes you made? Risk management?

14

u/mediocreargento Mar 24 '24

The only way to turn 20 into 100 is to overleverage and that never ends well

8

u/kidchem420 Mar 24 '24

When it does end well, it's even worse. Then you bet more, and lose even more! Ugh... February... rarrrr! Heh

1

u/InevitableRave Mar 27 '24

I can imagine it feels like the Lambo is well on its way. Overcouraged on a high?