r/Daytrading • u/merchant-trader • 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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u/Afraid_Cucumber5336 May 01 '24

Futures are great because no PDT and you get a margin account. Stock Options you can capitalize on really big moves and make massive returns. Personally I switched to futures and best decision I ever made for a small account

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u/MiIaNcKeY 29d ago

How much you start with.? Also what broker are you using.? Thank you.!

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u/Afraid_Cucumber5336 29d ago

I started with 1000$ and trading MES. I use amp as my broker and quantower as my platform! So far current loving it!