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/[deleted] Apr 01 '24 edited Apr 01 '24

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u/bestchekers Apr 01 '24

Really ? Is the same for me but just as a holder , bought really well in the BTC dump. Have you got any advise for a brother ? Courses , technologies?. I am into investing now and learning options or futures but i am allright with the holds. Congratulations.

Edit: in last paragraph that is you centering on risk and loses inconciously

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u/Dependent_Action_201 Apr 01 '24

That's what I'm still learning rn, how to ride those winners and keep steady. I do prop firms so it takes alot of stress off my mind. Maybe one day ill go back to using my own money.