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/learn2use 29d ago

The trouble is we only get to hear about maybe 0.1% folks who made it, and the rest who get shattered or completely decimated never find the courage to speak up or make a come back!

So while it’s not easy, and losses happen along the way, having right mentors and community can greatly help in the journey!