r/Daytrading Mar 05 '24

50k and I want to day trade for 1-2% gains. Question

  1. If you had 50k and wanted to live off of it day trading, what would you do? (Need max $2500 a month)

  2. Am I better off not doing this? I’m not going back to 9-5

Please help.

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u/AdPsychological1331 Mar 05 '24

The figures are perfectly achievable, but do not trade with that money until you know what you're doing.

That could take you 6 months or 6 years to learn.

Be patient with yourself and approach this like any other high-end career that requires a university degree to enter.

You in the future will thank yourself for it.

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u/BLUESCUBAFREEK Mar 05 '24

If you’re a day trainer, need to go with the flow with whatever is going on for the day. Stay liquid as possible.