If you’re asking the Internet how much money day traders make, you’re likely new to trading. You’ve probably heard about traders magically making thousands of dollars in a day by doing and investing fairly little. If yes, then you’ve probably thought that you can do that, too.
Sorry to burst your bubble, but trading is actually hard work and takes a long time to raise the first substantial income (unless you get extremely lucky, of course). It’s best not to leave it to chance, as this approach can easily backfire on you. Instead, if you’re patient enough, try to learn how day trading and scalping actually work (we’ll talk about it later on in this article). Leave your emotions behind, as it won’t be a ‘game’ but rather a mixture of calculations, risk management, and strick discipline. If you put enough effort into it, it’s all going to be worth it in the end.
Some of the readers who came across this article probably do understand the true nature of trading and want to deepen their knowledge of it. You might already know that there are two ways you can go: regular day trading and scalping. Below, we'll explain how each method works, how they differ, and will give you a hint on how much you can earn (although we’ll be talking percentages, not absolute numbers).