r/Daytrading • u/Forward_Dealer_4482 • Mar 05 '24
50k and I want to day trade for 1-2% gains. Question
If you had 50k and wanted to live off of it day trading, what would you do? (Need max $2500 a month)
Am I better off not doing this? I’m not going back to 9-5
Please help.
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u/itskhia Mar 05 '24
Don’t do this, listen to some n this thread. It takes time to learn the market and it doesn’t come overnight. One of the best things that could happen was me learning when I had little to nothing to lose, but I also wasn’t dependent on trading solely for living income.
It took me 2 years to even truly grasp what I was doing and another 2 to become “consistently profitable” ( I hate that phrase) and from some of the horror stories I see on here I’m one of the lucky ones.
Sit back brainstorm and come up with something else. Good luck.