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RE: Day Trading 1% Profit Every Day? $1,427,587 in two years!
Nice tips, focusing on what is manageable and having an strategy are key elements to be successful trading. And compounded profits are amazing, for sure.
Just remember that to get to your goal after 2 years you need 1% daily over your entire stack. Trading hundreds of thousands or millions during the second year will certainly be very different from trading 1k when you started.
Exactly. I'm on a good way there, so will keep doing updates how it goes.
What indicators you mostly use when u day trade?
I go with RSI, MACD, Bollinger Bands
Will be looking forward for the updates during the year :)
I would say these are the indicators I use the most, but also the TTM squeeze.
I'm still learning, though, so I just use them to learn how they work as the market changes. I'm mostly trying to explore different strategies to see what works for me. But it takes time...