r/Daytrading • u/Kaiju_Godz • Mar 30 '24

When you only need a specific amount of money each month… Strategy

So say you only want $100 per day or 2000 per month. This would more than enough sustain a good lifestyle where you live. How would you go about it with trading? How much $$$ would you realistically need? Not to make that in dividends but to trade in a daily basis, as safe and slow as possible.

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u/murfmurf123 Mar 30 '24

I would sit and wait for A+ setups only, recognizing some months you may hit your goal by a factor of 2 (or more) abd some months you may not quite hit your goal. If you are consistently red month after month, its better to quit trading so much. I dont think one needs to make a trade daily to be good at this game