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Daytrading Expat?

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Light
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Posts: 41
Joined: May 29th, 2018, 6:29 am

Daytrading Expat?

Post by Light » June 5th, 2018, 2:03 am

Can an expat do day-trading to make money on a $30,000 account?




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thighlander
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Joined: April 2nd, 2018, 7:36 pm

Re: Daytrading Expat?

Post by thighlander » June 10th, 2018, 9:29 am

that is kind of thin....would be a good hobby in Thailand with low cost of living, but a 20% return which the pros will not do this year, will get you 6000. True day trading is kind of like FX traders...few make real money, but active stock traders might occasionally buy and sell the same stock several times in a week, but never take huge positions and sell rapidly. most of the online workers can get something going to pay bills, but then have visa problems. I don't because I am 50 in Thailand, but I have to keep about 30k use tied up in a tha ibank at less than 2%.

BTW, there are a number of people selling courses on how to make big money daytrading..like a lot of their crap; there is more money selling how to, than actually doing it.

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