Submitted by sneakysammy89 t3_11dikn3 in wallstreetbets
sneakysammy89
sneakysammy89 OP t1_j9q4ted wrote
Reply to comment by defnotabot_bot in I’m going to do a 100k in 100 day challenge by sneakysammy89
I posted it the 15th, the Dow Jones has dropped straight down over 1,000 points since then. My next post was ironic about a bull rally
sneakysammy89 OP t1_j9q4cvv wrote
Reply to comment by cryptoguy66 in I’m going to do a 100k in 100 day challenge by sneakysammy89
It’s a fact. If you’re trying to make a lot of short trades and get down to an exact cent figure, the more shares you have, the much harder it gets to go through. That’s why you don’t grow exponentially forever when you daytrade, almost everyone reaches a plateau once that point happens
sneakysammy89 OP t1_j9q3wpx wrote
Reply to comment by BBags15 in I’m going to do a 100k in 100 day challenge by sneakysammy89
You don’t have to worry about PDT if you have a cash account, or over 25k, but I’ll be using the cash account I guess
sneakysammy89 OP t1_j9q3pxa wrote
Reply to comment by Spidaaman in I’m going to do a 100k in 100 day challenge by sneakysammy89
But a crash did happen, half of my positions doubled. You just don’t understand how meta my thinking is
sneakysammy89 OP t1_j9q3bo0 wrote
Reply to comment by h_lance in I’m going to do a 100k in 100 day challenge by sneakysammy89
It’s way easier to go from 1,000 to 100,000 than 100,000 to something like 10,000,000. You can close your action significantly faster and you don’t run into any liquidity problems
sneakysammy89 OP t1_j9q2wju wrote
Reply to comment by Samula1985 in I’m going to do a 100k in 100 day challenge by sneakysammy89
I could grind at least 50 dollars a day and stay at or above 1,000. The only way I’ll lose the 1,000 is if I miss too many swing points early on and have to start risking more to catch up
Submitted by sneakysammy89 t3_11a680h in wallstreetbets
sneakysammy89 OP t1_j9q5e4f wrote
Reply to comment by skedditgetit in I’m going to do a 100k in 100 day challenge by sneakysammy89
Taxes mainly