A short YouTube explanation (Kardec Trader, Mar 22, 2024) on how day traders calculate their net worth from intraday trading. The speaker contrasts intraday P&L—buying and selling within minutes or the same day—with long-term portfolio changes, and gives a numeric example: buy at $10, sell at $12 → $2 profit per share; with 1,000 shares this equals $2,000 realized profit.
And as a trader, how do you actually calculate how much you're worth? So you're trading intraday movement. So it's like you're buying something at $10 and you're selling it for 12, so you make $2 on the transaction. Now if I buy a thousand shares, I'm making $2,000. So it's like at the end of the day, if I buy something, I'm selling it at the end of the day or within minutes or seconds. So I'm able to have the profits or losses extracted immediately. So it's not like a long term portfolio play where I'm buying Apple and holding it throughout the year and seeing what my network goes up and down. You're actually making transactions, buying and selling, and you the net return of beta, loss or profit.
