How much can a day trader make in a good week?

Well, the old addage is true...it takes money to make money. The more you have to invest, the more you can make. I've made $30K in one day based on one buy of $100K worth of the stock.

One word: RESEARCH

Remember, the more you invest, the more you can LOSE too!!!

The minimum by Law to daytrade is just $25,000.00 and you will get by Law a $100,000.00 Credit Line (It's called Margin)

Asuming you make just $1,000.00 on each daytrade (1%) and asuming he just daytrades one time every day from monday to friday. (International Daytraders trade 7 days a week) he would make $5,000.00 in a good week.

Over time he will have $50,000.00 and then he can daytrade 2 times every day (Asuming the same $100,000.00 per daytrade)

And that will double their money to $10,000.00 per week and then $20,000 per week and then $40,000 per week and so on.

Asuming he limits the risk to 2.5% ($2,500.00) he would have to be wrong 10 times in a roll to lose all his money.

Over time he will increase his risk to 5% ($5,000.00) and finally 10% ($10,000.00)

Most daytraders do not go beyond the 10% mark.

As you can see it's very easy to lose all your money (You only have to be wrong 10 times in a roll) which in the worst case scenario it would mean you lose all your money after just 2 weeks.

On the other hand, if you survive without mistakes long enough then you eventually make millions each year.

Most amateur daytraders lose all their money in less than a year.

I have been daytrading for over a decade. (I now have daytraders working for me and my customers)

Top 3 Answerer in Business & Finance.

don't day trade. You'll lose your a$$!