Not a $1,000+ hourly trader (with all the ups and downs), but for the average person, the answer is, not that much. While some can earn more per hour with some specific accounts, in the long run, daily profits are usually very low. It’s hard to make a profit if you don’t have a good understanding of what’s going on and how it functions.
For example, if your daily profit is $12, then you might only earn a few hundred dollars over the course of several weeks. To get that amount of money out of the bank in a matter of weeks, you’ll probably have much more to do than just trading every day. Your main focus will likely be on buying/selling stocks.
I can tell you that it’s very difficult to make $12 per hour in today’s market. A $1-$3/hour hourly trader would have a similar amount of money. The difference is that if you’re doing it as a hobby, you’ll generally have more time to train. A long trading career on a full/partial-time basis will put you out of your depth.
How much money can I realistically earn day trading?
Your daily results won’t be anything impressive, but don’t be afraid to put your day trading skills in the limelight. You’ll get compliments from everyone you meet, so make sure you show everybody that you can trade. Most traders find that if they look their best in the trades that are most recent, the more time they’re likely to be in the market.
The main thing you’ll have to do on a regular basis is work on building your trading skills to the point where you can outperform your historical results. Even if you can’t achieve a single day trade, you can still make more by developing your knowledge, getting better tools that you can trade with, and understanding how to trade in terms of time and volume ratios. You might not even need to trade any longer than 4 hours per day. By trading in fewer trades as a hobby, you’ll have the advantage of training more muscles and strengthening your hands when it comes to dealing with the volatility of an individual stock.
How much money can I realistically make day trading? $1/hour. The average person can’t make that much. Don’t get discouraged, don’t give up! It’s possible with some hard work and good tools. Just don’t lose sight of that big picture in the day-to-day grind, because
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