Cryptocurrency Q&A
Can you make $1000 a day trading stocks?
Can you make $1000 a day trading stocks?
CryptoPioneer
Sun Nov 10 2024
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6 answers
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I'm wondering if it's possible to earn $1000 per day by trading stocks. I'd like to understand the feasibility of this and what it might take to achieve such a goal.
6 answers
WindRider
Tue Nov 12 2024
Achieving a daily income of $1,000 through trading requires careful consideration of account size and risk appetite.
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Tommaso
Tue Nov 12 2024
The size of your trading account is crucial in determining your potential earnings. For consistent returns of $1,000 daily, your account balance must be substantial.
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Valeria
Tue Nov 12 2024
Risk management is equally important. A moderate risk level of 1–2% per trade is often recommended to protect capital and ensure long-term success.
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Alessandro
Mon Nov 11 2024
With a 1% risk per trade, a $50,000 account would allow you to risk $500 on each trade. To reach $1,000 in daily profits, you would need to make successful trades that yield at least a 2% return on your risked capital.
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mia_anderson_painter
Mon Nov 11 2024
For a 2% risk per trade, a $100,000 account would permit risking $2,000 per trade. Achieving $1,000 in daily profits would then require trades with at least a 1% return on your risked amount.
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