How to Make $100 a Day Trading Stocks Successfully?

TL;DR

To make $100 a day trading stocks, focus on locking in profits from a few well-researched trades, even on slow days. Ricky managed to make over $100 with trades like DNR and CROX despite aiming for higher daily goals. He emphasizes sticking to sound setups and being patient rather than forcing trades when conditions aren't favorable.

Transcript

hey what's going on guys it's Ricky with technical solutions hope you are all having an amazing Monday so first of all for those that aren't familiar with who it is that I am my name is Ricky I have 250,000 subscribers a little bit over that we run one of the fastest growing private sharing communities out there called tech but solutions if you guy... Read More

Key Insights

• 🥶 Ricky's trading community, Technical Solutions, has over 250,000 subscribers and offers a free Facebook group and Discord chat.
• 🥳 Ricky's daily goal is to make $500 to $750, but on this slow day, he only made a little over $100.
• 🧘 Ricky highlights the importance of staying consistently profitable and not taking positions when setups are not proper.
• 🥳 During the slow trading day, Ricky had success trading DNR and CROX but missed out on potential profits from EGAN.
• 👱 Ricky plans to dye his hair back to its original color and mentions an upcoming trip to Las Vegas with his community.
• 🥳 Ricky acknowledges that he could have done better by researching stocks that were performing better during the day.
• ™️ He mentions potential swing trade opportunities and the importance of simplicity in trading strategies.

Questions & Answers

Q: How did Ricky perform during his trading session?

Ricky made a profit of over $100, which he considers a slow day compared to his daily goal of $500 to $750.

Q: What stocks did Ricky trade during his slow day?

Ricky traded DNR and CROX, making profits of $71.47 and over $40, respectively.

Q: Why didn't Ricky take a position on EGAN?

Ricky was distracted by other stocks and felt that EGAN wasn't offering the best entry position, so he decided not to trade it.

Q: What is Ricky's trading strategy during slow days?

Ricky focuses on locking in profits and only takes positions when setups are proper. He emphasizes the importance of staying consistent.

Summary & Key Takeaways

• Ricky had a slow trading day but managed to make a profit of over $100.

• He discusses the stocks he traded, including DNR and CROX, and explains why he didn't take a position on EGAN.

• Ricky mentions the importance of staying consistent and only taking positions when setups are proper.