SYA 6.90% 3.1¢ sayona mining limited

Well my style of trading is day trading or scalping, so I guess...

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    Well my style of trading is day trading or scalping, so I guess if your trades are over a long time period thats great, its a passive trading approach, however the gains are quite small considering if it gains 20% in a month, youll make more money by selling at the intra day highs and buying the lows, for example if your target was 1% per day then sell out and reinvest the next day you will make around an average of 1300% a year. Say i invested $500 in the beginning and did that for a year id end up at around $7000 in a years time, now if you were to gain 20% over a month compounded 12 times that would equate to around $4500 in a years time. So thats around 35% less, that gap continues to widen over time. for example if you continued at 20% a month then after 2 years you would be sitting at around $40000, however if your target is 1% a day youd be sitting at around $93,000 at the end of 2 years.
 
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