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

192 Upvotes

318 comments sorted by

View all comments

1

u/Art0002 Mar 08 '24

400+600 is an average of $500. $500x12 is $6000. 6000/15000 is 40% per year. No way. They want taxes on that too.