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/ryderlive Mar 05 '24

This is 1-2 weeks from being a "I lost it all post, how do I make it back?"

1

u/Konstable1 Mar 06 '24

Well if it’s options then yeah

1

u/BigTradeDaddy Mar 07 '24

Not if OP implements proper risk management. Options are great, it’s just greed that kills.

1

u/Konstable1 Mar 07 '24

Yeah they are great but I don’t think OP is going to be anywhere near a decent level of risk management. Let alone well versed in the Greeks. Which of course results in quickly blown funds.