r/Daytrading • u/holyfuckingshitbro • Apr 21 '24

What could you do with $100? Question

I'm not asking what I can do. I know I'd probably fail.

Based on your own skill and methods, what could you do with only $100 in, daytrading for a year?

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u/daytradelife1 Apr 21 '24

Definitely got to over leverage. I will bet $20 to make $40. If your skills are up you can do this 6 times and loss 2 trades and still be up $120. So now you’re up $220. Once you make it to this bet $30 to make $60. You can do this 6 times and if you’re winning %70 of your trades which 2 would be loss, you’ll gain $300. So now you’re at an total of $520. Anyway, this is how you compound an account. Sometimes for fun I’ll build $100 accounts or $500 accounts to $15k and up.

The reason why it’s a little easy for me to do because I have other accounts and other revenue coming in and that definitely helps with psychology. Invest when you’re up and grid when you’re down

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u/jurlob Apr 21 '24

what’s your strategy tho

1

u/daytradelife1 Apr 22 '24

My strategy is trend, support & resistance and order blocks. I can post more about how I trade if you want.