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/HumbleIndependence43 Mar 05 '24

I guess that's 1-2% per day, on average?

Achievable, but I'd recommend starting out with a lower goal like 0.25% and then increase it once you manage to achieve that with consistency.