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/biz/ - Business & Finance

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1476920 No.1476920 [Reply] [Original]

Just added $100 into my robinhood account about to buy 2 shares of a stock.
I have a good feeling it's going to go up I'll probably at least make about $2 a day doing this for the first week.
Then I'll make $4 a day the next week and so on doubling up my money.
About to be fucking rich /biz/ about to be rich.

>> No.1476967
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1476967

>>1476920

>> No.1476979

>>1476920
Two $50 stocks or just two shares of stocks worth significantly less than $100 total? Either way, this will assuredly not happen. If you put the whole $100 into stocks, you'll probably eat shit and have $50 at the end of the week depending on how dumb you are. If you invested way less than $100 then don't worry about that but you also probably will not make $2-3 this entire week, let alone this month. If you are not retarded you will have at least $125 at the end of the week.

>> No.1476986

>>1476979
Just so you know OP, 2% a day is 500%+ a year. No one gets those returns on stocks.

>> No.1476989

>>1476986
Wasn't supposed to link to that post

>> No.1477030

>>1476986
I've been trading for only about 3 months, I had 400 trades in July. I started with about $500, and am at $800. I was at $1,000 but this month I kept trying to force shit and I shaved off lots of my gains. At my peak two weeks ago, Over the course of ~45 days I was up 60% (1.06% compound interest a day) but am, as of right now, up only 0.383% a day compounded. It feels bad man. But 2% a day is doable. This was consistent growth (and then consistent loss for these past two weeks, until yesterday), it's not sudden swings. If you try hard enough you can make 5% a day, in 5 different overnight trades. I've done it in several of my better weeks.

>> No.1477034

>>1477030
no, you can't maintain 2% a day. please do not listen to this person. if you're that desperate to throw money away please just send it to me in bitcoin and ill withdraw it and flush it for you

>> No.1477052

>>1477034
(Not with that attitude you can't)