The simple answer is yes, of course, it is possible to make money day trading. I have done it myself and made enough to become a F.I.R.E. But can YOU make money day trading? That depends on many factors.
In this post, we partially reveal our numbers to show it’s possible to make money day trading. Furthermore, we explain why you are unlikely to make money day trading.
This is our key numbers from January 2002 to May 2012:
In total, I have traded 2545 days
2182 days have been profitable (net after commissions), ie, 85,7% (2011 and 2012 make the average lower)
Two losing months: January 2012 and April 2012
Worst day: 16th of August 2007, 22 154 USD in losses
Best day: 21st of April 2006, 37 246 USD in profits
Best year: 2008 (only eight losing days that year)
Best month: October 2008, 220 000 USD
Total number of shares traded: almost 170 million
Value of shares traded: approximately 5.1 billion USD
Below is a graph showing our accumulated profits since the start (number of days on the x-axis, 2002 until May 2012)
You can find more info about this trading strategy here:
https://www.quantifiedstrategies.com/is-it-possible-to-make-money-daytrading/