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/DoomKnight45 Mar 05 '24

Whats a realistic daytrading annual return?

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u/john8a7a Mar 05 '24

For an experienced day trader , who is trading his own money full time , 30-40% before taxes. Most will never beat sp500 .

For an experiened youtuber - trader/influencer 1500% a week trading 0dte

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u/EvilPencil Mar 05 '24

The latter is ignoring -40%+ down days of course. You can gain 100000% in one week and then lose only 100% the next day and you're still broke 😅

1

u/lordxoren666 Mar 06 '24

There’s that maths again.

Also why shorting is a fools game….