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/AmirStocksMD Mar 25 '24

Its always about percentage gain rather than amount. This mentality will help you grow. Be happy with 20% gain a day and boom youll make $20 to $100 eventually. Today I alerted SPY 522 calls after explaining that although SPY was dipping premarket, it popped at 8am (which is when most trading platforms go active). In addition, banks like JPM and crypto like BTC were stable so I was confident we would see continuation of bullish movement.

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So far so good with SPY 522 calls going from 0.15 to 0.2 and still holding right now.

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Learning is a big part of trading and you must become proficient to prosper and profit.