This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
The answer depends.
It depends on what your particular objectives are for making money.
If you are a day trader, you obviously can make quick money during the day.
If you are a swing trader, you can make money over the course of typically two to five days. Most swing trades are closed within 30 days.
If you are a long-term investor, it takes longer to make money in the stock market since the rate of return is slower with index funds or mutual funds.
The biggest caveat for the average person to make money with stocks quickly is they buy at the wrong times and sell at the wrong times.
Everyone has heard the mantra of buy low, sell high. Right?
Sounds simple enough.
However, the amateur investor does not understand how the overall market moves, the momentum of the day, and their particular stock of choice.
Personally, I know I can make money with stocks quickly. For me, I average $300-500 in a day easily (and way more using options). But, I have moved from novice investor by taking this investing course. I have practiced with paper trading (simulated account) and I have worked hard to get the results that I see on a consistent basis.
My mantra is… I need to be consistent enough to achieve remarkable results in the stock market.
That is your answer to how fast can I make money in the stocks.
Even Jean-Jacques Rousseau, a philosopher, writer, and composer has a perfect quote when it comes to making money fast in stocks, “Patience is bitter, but its fruit is sweet.”
If you don’t understand what patience means, you are not prepared to make money fast in stocks.
You have to be disciplined enough to pull the trigger at the right time and exit before you get greedy or lose everything.
Your results will vary. Trade at your own risk.
How Fast Can you Make Money In Stocks?
You can make money quickly in a matter of seconds. You can also lose money in a matter of seconds.
The brutal truth… day trading is not made for everyone.
However, you can make consistent income to supplement your paycheck. And that right there is enticing for anyone.
As a day trader, you close out all of your trades on the same day. Thus, you will have a realized gain or loss at the end of the day. This is the fastest way to make money in the stock market.
As a swing trader, you will hold your trades until the stock moves to your desired price. Once you close your trades, that is when you have a realized gain or loss.
For long term investing, that is normally a buy and hold strategy of holding a stock, EFT, or index fund for longer than a year.
The best part is you can design what type of trading style works best for your personality and maximize the profits you are capable of.
In order to have the highest success rates of making money in the quickest time possible, I highly recommend that you take this course.
Trading has been a life-changing event for her, as well as her 1000s of students that have all made over $1,000 per day. That is a testament to the quality education that you would receive on how to trade.
So, if you were wondering can you make $1000 a month trading stocks? The answer is yes and you can make $1000 a day if you take the course I have taken.
Is Day trading worth It?
Can you make a living day trading?
Yes, it is very possible to make day trading a viable career path for you.
There are many benefits to being a day trader because you set your own hours. Since you are your own boss, you do not have to answer to anybody else. And in many cases, you could possibly work fewer hours than a regular salaried position.
On the flip side of being a day trader is you will have highs and lows. Until you fully grasp the concept that as a trader you will not win 100% of the time, you will struggle. In fact, most traders are probably executing trades with 50% wins and 50% are losses; that is what they call their batting average.
As an active trader, you must be careful to protect your account balance through the proper execution of risk management. (If you don’t understand this risk concept, then you must watch this video).
The goal for a day trader is to lose small amounts of money and reap a bigger reward of profit at the end of the day.
According to Glassdoor, the average day trader makes $71,260 a year. Thus, day trading is a very viable career because this is a higher potential than the average salaried $60000 per year that somebody else can provide for you.
Now, let’s break down how much does the average day trader make in days, weeks, and months.
The stock market is open for trading for about 252 days per year. This can fluctuate slightly based on holidays, Leap Year, or major events.
|Average Trader Makes|
Now, what if you love your job and just want to supplement your income with trading? That is completely possible and something many people do today.
Serious About Learning How Fast You Can Earn Money In Stocks?
The stock market can be tricky. The stock market can be a beast to try to understand. That is why so many financial gurus are always making predictions and a very small handful actually pan out.
In the most simplistic form, a stock price is when a buyer and seller agree on a specific price. That price can move up and it can move down throughout the day. But at that particular moment in time, that is where the buyers and sellers agree on a price.
Once you move from a novice investor to a beginner investor to a good investor to an advanced investor, you are able to increase how fast you can potentially earn money.
The biggest mistake is to just jump into the market and start trading without any clue to what you are doing.
To have a greater probability of success, then you must take a top-notch investing course. The other option is to skip the cost of the course and lose even more in the stock market. Your choice.
I picked this top-notch investing course and am very happy with my decision. Thus, I highly recommend it to others who are serious about trading to supplement their income.
Check out my Invest with Teri Review – Join the $1000 in a Day Club!
If you don’t have cash for the full course upfront, just start with the basic Trade and Travel course. You can always upgrade to VIP once you begin profiting off the stock market and move to advanced trading strategies of shorting and options.
On top of that, you need to spend time practicing your trades in a simulated account; also known, as paper trading.
Practice everything you are learning from the course without losing money. You are trading with fake money until you can get the hang of day and swing trading.
- Learn how the stocks move.
- Learn how the market reacts.
- Master your trading plan.
- Refine your trading mindset.
Once you are comfortable and ready, then you can move on to a live trading account. That is where you actually start reaping what you have sown.
Day trading or swing trading is not a waste of time or a bad idea if you know how to execute properly and know your long term goal.
Plus it helps you find time freedom in your life.
Best Stocks to Invest in 2021
Are you trying to find the best stocks to invest in the current year? It may remind you of looking into an eight ball, taking your best guess, and then throwing a dart to hit a bullseye.
There are over 6000 stocks that trade on the NYSE & Nasdaq (source)!
That is a lot of companies to search through to find the best stocks for 2021. Typically, day traders look heavily on technology stocks and growth stocks.
So, how do you go along and pick the best stocks?
- One option is to listen to the big financial gurus on TV or in the news telling you to buy this or that stock. They may have some good ideas, but they also may have a few misses. Plus those stocks may be at all time highs.
- Another option is you copy what your friend has done. See the stocks they picked, and hopefully, you don’t get burned by a bad stock pick.
- Look around your house and find products that you use and believe will continue to do better. (Buyer beware… your favorite products may not be the best stocks in their sector.)
If you truly want to be a savvy investor, then you need to find an easier way for you to pick stocks that fit within your financial portfolio. Even better to find stocks that align with your values and ethics.
More importantly, do this research without spending a ton of your own time!
If you are looking for the best stocks to invest in right now, you can use the Motley Fool’s services to help you pick the best stocks right now.
The other option is to do all of your due diligence and time picking your own company.
Personally, I use Motley Fool’s Stock Advisory. It is an easy way to start with a group of solid companies and less time for me to search out all other detailed information provided.
Is it possible to make a living trading stocks?
Most aspiring day traders will never become profitable.
Sad, but true.
That is because they do not have a system (aka trading plan) in place. They were not taught how to trade effectively, manage risk, and happily close a trade for a profit or a loss.
Unfortunately, trying to trade by the seat of your pants and whatever fits your fancy, will not work. The same goes for trading with you you hear on popular Reddit forums, Discord groups, or Twitter.
You have to know when to buy, how much to buy, what your risk tolerance is, when you plan to sell (win or lose), and your potential profit.
Just because you calculate a potential profit of $1,000 does not mean that it is a great trade since you may lose 3000 dollars to make that $1,000 profit happen. And in that case, that trade is not worth it.
There is a consensus out there that day trading is not worth it. Probably because those people lost a ton of money in the market because they were clueless on how to trade.
The question becomes are you willing to advance your knowledge more than the average person to make a living trading stocks.
To be successful at making money in stocks, you must understand how the market moves, be able to make solid decisions on buying or selling the stock or option.
If you struggle to make simple decisions on what you are going to have for dinner, then day trading might not be for you. So, stick with long-term investing with index funds.
Day trading is a good idea if you are looking to change your personal finance situation and find freedom by increasing your net worth.
Think about how your life and how your stress level can be transformed by short term investing. What can you possibly accomplish by using the stock market as another stream of income?
Are you Ready to Make Money Fast in Stocks?
In conclusion, the real answer is yes, you can make money fast in the stock market. Even more when you have successful trade options (VIP level). The market comes with risk and you can also lose money fast in the stock market.
Yes, now is a good time to invest in stocks.
The determination will be decided by how much time you spend truly learning about how to make real money in the stock market.
- If you’re following Twitter, discord, Reddit groups, or just following the trends, you may have some success, but it is not guaranteed for a long time.
- If you have a proven reliable trading system, like I have taken I you can make the progress you need to start making real money in the stock market.
But remember, nothing is guaranteed.
Nothing that I have said in this post is a promise that you are guaranteed to make money in the stock market. All I’m saying is…it is possible.
You just have to put in the time, the dedication, and the desire to do it.
Just remember, do not start trading with real money until you have made significant progress in a simulated account and feel confident in your ability to make money in a live account.
You must be able to take money away from other people in the stock market and not have them steal your money.
Your results will vary. Trade at your own risk.