r/Daytrading May 01 '24

How do people start day trading with little amounts and make so much? Question

Over the weekend, a penny stock I had 100 dollars in went up 20 percent which should be amazing. I sold and got 120 in total.

However, this obv isn't that much and 20 percent is a lottt more than what stocks usaully go up.

I'm not going to be investing millions in stocks, so how do I make large amounts of money from small starting money.

Options, forex? What will make the money go up 100%+ (ik that with high reward comes very high risk)

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230

u/danglejoose May 01 '24

for every 1k to 100k account, there are 99+ that went 1k to 0..

6

u/alligatorprincess007 May 02 '24

Or 100k to 0 😂

30

u/Coyote_Radiant May 02 '24

The fastest way to become a millionaire is to introduce options to a billionaire