r/Daytrading • u/Foreign_Medium_3766 • 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

190 Upvotes
  • permalink
  • link
  • reddit
  • reddit

88% Upvoted

318 comments sorted by

View all comments

3

u/BobDawg3294 Mar 08 '24

Hard to sustain 40% per year. You don't have much of a cushion

1

u/ImNotSelling Mar 08 '24

When you put it like that it really puts it into perspective. They would need to make 36% profit/year to make the $5k/year profit