Let's assume they have a reasonable amount of money, maybe $100,000, and they have to sell everything they buy at close. No holding.
What could a good trader with a $100,000 bankroll make in a day by simply buying low and selling high all day long?
Could they make a good living for themselves? I'm talking six figures for a year. That would mean they'd have to make about $400 for every work day, if you consider capital gains tax.
That would be doable, wouldn't it? Or not?
What could a good trader with a $100,000 bankroll make in a day by simply buying low and selling high all day long?
Could they make a good living for themselves? I'm talking six figures for a year. That would mean they'd have to make about $400 for every work day, if you consider capital gains tax.
That would be doable, wouldn't it? Or not?