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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	11/5/2001 9:47:03 PM
From: mish5000	Read Replies (2) of 37746

$70 million a year from day-trading? Where did you get this figure from?? $500 a day = ~$120 k a year $5000 a day = ~$1.2m a year A margin enabled 25k portfolio has a buying power of 100k.... To earn $500 a day totally depends on your appetite for risk. If you trade in lots of 1k - obviously you need 50 cents to reach your daily target..... 500 shares = $1 point... 100 shares = $5 - Which imo is not possible. There are a lot of factors which need to be taken into consideration before you can even begin to set a daily target for yourself - and the first is analyze your tolerance for risk. Obviously the more capital you put at risk - the higher the potential gains and more importantly possible LOSS.

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