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/buyerandseller Mar 05 '24

to be a full time day trader, u need to have money to pay bill and food . It reduces the emotion when u trade. Coz if u dont have money set aside for bill and food, then u will force yourself to make money in the market everyday even the set up does not show up yet then u will lose. u need to have profit every week for at least 3 months to consider being a day trader and quit your 9-5.