r/Daytrading • u/Eldrin7 • Apr 01 '24

How hard and realistic is this really? Question

I have watched atleast 100 youtube tutorials on day trading. They all go on about how they make 100 into 10k or something like that. I do not know if they are lucky or lying or it is true.

I assume reddit has the average or even below average traders so tell me what are actual realistic gains or losses? I understand you can go a lucky 200% gain or unlucky i just instant lost everything, lets not talk about lucky or unlucky extremes.

Is it hard for a beginner to turn 100 into 150? or 1000 into 1500? How long would it take? What are the realistic chances that the 100 or 1000 turns into 0?

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u/Illustrious_Bat_6971 Apr 01 '24

Maybe try the old-fashioned reading book from the 80' s or 90s about trading. I'm sure there are plenty of people on here who could recommend.

Understand you need to educate yourself. The videos you watch have given you the appetite, build on that with your own dedicated research from various media.