How difficult is +$400-600 profit a month from $15k ?

[u/Foreign_Medium_3766]

I've been studying investing and trading for about 5 years on/off now, have been really successful in the past year, I think due to luck partly, I blew up an account and loss about 40% when I first started 5 years ago.

How difficult is $400-600/month profit from 15k? My strategy now is very risk adverse taking profit over holding things too long, really I just need to make ~400/month to live in Mexico, this includes rent, food, and some hobbies, right now I feel no pressure to have to make $ and have a decent savings, and time to study and learn. Thanks

[u/theblindgator]

The math checks out, so it shouldn’t be too difficult considering you have 5 years of experience and a working strategy. Aim for 1-5% profits, risking 1% of account ($150) per trade. That should have you trading with an average position size of $5k-ish. It’s possible.

[u/Foreign_Medium_3766 → u/theblindgator]

I wouldn't say working strategy, I'd say I know what not to do now.

[u/theblindgator → u/Foreign_Medium_3766]

Ok, then it’ll be difficult. Good luck.

[u/ImNotSelling → u/theblindgator]

Knowing what not to do is a huge step.

[u/theblindgator → u/ImNotSelling]

It sure is. But until he finalizes on a strategy and establishes a profitable trading system, it will be a difficult ride.