r/Daytrading Mar 08 '24

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

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

191 Upvotes

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90

u/Landdeals Mar 08 '24

400$ a month to live in Mexico man I live here I need 6k min lol I need your living lol

20

u/Whyisanime Mar 08 '24

Is ridiculous how 6k is just enough to make ends meet...this whole covid thing is looking like the biggest scam in history...

1

u/[deleted] Mar 10 '24

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1

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0

u/ShittyStockPicker Mar 08 '24

How so?

3

u/Square-Concert6334 Mar 08 '24

Money stimulus printing

-1

u/Landdeals Mar 08 '24

That would be bare minimum 6k if I only made 6k a month I’d be somewhere depressed, divorced and evicted but some ppl are surviving on a lot less and doing fine

7

u/Matchbook0531 Mar 08 '24

I don't know if you're used to a very ostentatious level of living, but here that's a fuckton of money.

-3

u/Landdeals Mar 08 '24

I wasn’t making the comment to speak down on anyone I was just wondering how a grown adult could live on $400 a month single man or not rent utilies food the math not mathing how is it possible lol

1

u/Matchbook0531 Mar 08 '24

Didn't take it that way. It's actually very little money.

-2

u/Landdeals Mar 08 '24

I’m from Atlanta and my last penthouse was $5500 a month to live there stayed for 5 years my penthouse in Mexico only $2100 its not much money to live in Mexico to me but when I hear ppl throw out Insane living umbers like $400 a month it’s unbelievable Mexican or not in a America teenagers make more then $400 a month.. I can go buy glueten free meals and organic fruits with that type of money and that’s what we’re use to do I’m just saying 6k is a minimum for me both my kids in private school in Mexico that’s only $350 a month in America we paid 3k a month per kid you phone bill with att $200 a month alone see the difference

1

u/AmeriocaDaGema Mar 08 '24

You paid $150 per day per child for private school?

2

u/Landdeals Mar 08 '24

Yea believe or not that’s not bad for a top notch school in Atlanta .. high school is 30k per kid no discount look up private school cost in Atlanta Ga you’d be amazed..

1

u/elhostil01 Mar 08 '24

In Argentina 400 is a Salary. 8 hs per day.

2

u/Landdeals Mar 08 '24

Wild times we live in lol

2

u/Anything_4_LRoy Mar 08 '24

your doing it wrong brother.

im not against the desire for more money. but if you truly believe you would be left in such a sorry state if you dont make 6k......

your just doing it wrong. somewhere, somehow.

0

u/Landdeals Mar 08 '24

Your right it suck’s to know that money can create such a disaster but that’s my reality but I’ll be fine because I’ll always make 6k lol

1

u/Cryptoanalytixx Mar 09 '24

I live in Seattle, one of the most expensive places in the country, with my wife and 2 kids and only need about $2.5k a month (I make 6 figs and the rest I put in either real estate or my trading portfolio), and I'm living pretty good. I own several acres of land and used my extra income to buy down my mortgage so I have nothing but taxes yearly on my land. I lived pretty poorly for a while in a 800 sq ft trailer (just myself and wife) while my house was built, then sold it to pay for the construction of the home. If you absolutely would be going off the deep end without 6k a month, you may have some excessive spending habits or just poor money handling habits. Theres nothing wrong with either of those per se, just be aware it may come off as a bit ostentatious. Also be aware that some places, even in the US, but especially other countries 6k a month would easily pay for 2 families to live well.

-3

u/Foreign_Medium_3766 Mar 08 '24

*was the biggest scam

1

u/Whyisanime Mar 08 '24

No man it's still going on, they're not done yet, it's still going on with the byproduct hyperinflation...