I'm did 10% last month and at 13% so far this month. I'd have to really look at it prior to that but some of those numbers are out of wack. Like I made a bunch of money buying stuff at stupid low prices Microsoft at $150, JPM at $85, KSS at $18, CDR at $0.79. Those aren't typical returns.
I wouldn't say I'm a day trader as much as a swing trader / options seller.
I don't have enough time to watch the charts throughout the day to do a lot of day trades. If I do, it is stocks that I watch an awful lot and see the patterns, then I set limit orders and trailing stops to help me. I did a trailing stop on GE today for example which locked in my profits at 10.11 price (purchased at 9.64 last week). Maybe I sold GE too early (wouldn't be the first time), but I'm banking it will go below 10 again.
If you're interested I can link some Youtube channels that I've learned a lot from. There is a lot of information out there and I'm still learning myself.
I’d be interested to learn more thanks
Look up projectoption on youtube. He has some good videos to start with, although some are a bit long. I'll try to put together a more comprehensive list later.
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