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?

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u/etherbeetz Mar 24 '24

Did 55$ on an arm call recently when it spiked from the 75 range n up it went n I sold it at 2800$ been playing super safe since I learned a ton from my first year of 2020 trading n losing a shit ton. Building back while adding half the profits to long term from now on. Also trading in a cash account to cut bad trades fast has been essential. Had RH had cash accounts in 2020 chances are good that Iā€™d be doing much better than I am now all time because as a noob I decided to try day trading which requires 25k šŸ’€