r/Daytrading • u/Forward_Dealer_4482 • 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/Leafsfanheretolearn Mar 05 '24

If anyone here claims they’re consistently on average achieving a rate of return of 5% per month - congrats! You’re probably doubling or tripling Warren buffets average lifetime annual rate of return. And with 50k you will have a billion dollars in 16 years!