how much money and skill/luck do you need to do profitable day trading?
>>1622903
This ought to be good.
>>1622903
>Money
Tree fiddy
>Skill
69pts
>Luck
420pts
the good ones cheat see gordon gecko
>>1622903
If you have the right software it practically tells you what to do. You just need to be quick, have decent instincts and sufficient volume.
>>1622903
depends. how long do you plan to hold?
>>1622903
What kind of skills is also important.
If you obsess over meme technicals and other useless things you heard from shills over the internet you are unlikely to make much money.
The success stories often found some kind of (often temporary) niche like these.
http://www.bloomberg.com/news/articles/2014-09-25/mystery-man-moving-japan-made-more-than-1-million-trades
http://www.telegraph.co.uk/news/uknews/crime/11557755/Flash-crash-trader-Navinder-Singh-Sarao-sat-on-27m-fortune-while-his-mother-worked-two-jobs.html
Usually these kinds of people are savants at what they do and they got lucky. If you have the right skills you can still get a decent career if you apply yourself. After a few years experience you will be in a better position to make your fortune. This is probably a more feasible way of doing this.
>>1622903
All of it.
>day trading.
More meme teir than stocks or shillcoins.
>>1622903
30k minimum
2 years of daily practice minimum
>>1624569
>daily practice
Are you telling me the people in /rhg/ are getting better over time? Because it certainly doesn't seem like it.
>>1624574
daily practice is about paper trading blue chips, not real-trading penny stocks.
10,000 hours.
So probably 4 years.
Don't think of it as money/luck. it will just hold you back and set you up for failure.