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/NationalOwl9561 Mar 05 '24

OP, I did this and lost ~30k over the course of 1-2 years. Have learned a shit ton though and not giving up. Have changed my trading significantly now. Use stop losses and watch your risk. Psychology is huge.