Is it possible to make $30 a day on the stock market with limited funds?

By limited, I'm talking $200-$300, max. Any good strategies?

Best Answer:

Joshua: $300 no $1000-maybe. Try on a real-time sim first and see how it goes. Consistency is key http://www.dastrader.com/form-sub-das.html , $150/mo for data. My daytrading account hovers around $3500 and i avg $230/week net. I'm small time for sure-but no stress. https://mlacoco.wordpress.com/2014/09/05/5-principles-for-trading-for-a-living-with-a-small-account/ &https://www.google.com/url?sa=t&source=web&rct=j&url=intent://www.youtube.com/watch%3Fv%3DNidHzIevNhk%23Intent%3Bscheme%3Dhttp%3Bpackage%3Dcom.google.android.youtube%3BS.browser_fallback_url%3Dhttps%253A%252F%252Fwww.google.com%252Fsearchurl%252Fr.html%2523app%253Dcom.google.android.youtube%2526pingbase%253Dhttps%253A%252F%252Fwww.google.com%252F%2526url%253Dhttps%253A%252F%252Fwww.youtube.com%252Fwatch%253Fv%25253DNidHzIevNhk%3BS.android.intent.extra.REFERRER_NAME%3Dhttps%253A%252F%252Fwww.google.com%3BlaunchFlags%3D0x8080000%3Bend&ved=0ahUKEwj-39Stqf3KAhUY32MKHS5VDnUQjjgILjAA&usg=AFQjCNF1RB_loPPohWfdhwvaEeAXwFrk1A

Other answer:

Joshua:
With only $200/$300 you should not be trying to play around in the stock market.

Most reputable firms require you have $500 in order to open an account With the amount of money you have, there's no way you'll be able to make any decent return. Commissions alone will cost you 5-10% of each transaction.

It's fine to try to want to be in the market, but at least use enough common sense to be realistic with your goals

Spin:
If you're lucky and win immediately, it's possible for a day or two or more but what happens when you lose $100 the 3rd and 4th day? You're nearly wiped out. And what if that happens on days 1 and 2? Bye-bye.

In reality, you will not win regularly and commissions will eat you alive. Your probability of achieving this are almost nil.

Biff:
you will NOT make 50-70% return per week and you usually need more than $300 to get stated and you will have to wait 3 days after selling a stock to be able to re-invest that money
Wayne Z:
No.

That would be a 10-15% daily return which even the experts can't do.

Besides, the commissions on small buys and sells would eat you alive.

SETI:
Not even a $1000 is enough.
Depending on your age, put it in a DRIP with a decent company.
Quato:
No, that will only cover brokerage fees on a couple dozen trades, you need much more than that to get started.
Rakesha:
No, Firstly Get a trading plan & education.
kemperk:
horrible way to invest that $
do accounts receivable financing instead.
Love big words:
You can't predict outcomes. Do not try it.
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