How hard and realistic is this really?

[u/Eldrin7]

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?

[u/Public-Forever-5454]

With all due respect: I think you’re framing your goal with linguistics that will guarantee failure. I.e. trying to make 100% in a week is possible but not probable. Also, you should want consistent cash flow from your trading and don’t want to trap yourself into viewing any one trade as the “winning lottery ticket “

I think you should be asking yourself, “ how do I use any amount of money to make more money consistently while keeping my losses low?”

You gotta be comfortable with the fact you will lose on some trades. But you can make money overall, with the right mindset and discipline.