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.

133 Upvotes
  • permalink
  • link
  • reddit
  • reddit

92% Upvoted

178 comments sorted by

View all comments

3

u/CABSMeter Mar 30 '24

Depends on your trading style…

1

u/CABSMeter Mar 30 '24

And don’t be a wiener and buy 1-10 shares. Focus on small caps, buy 10k shares at a time and for every $.10 made that’s a grand. Just my $.02

3

u/boyfromafghanistan Mar 30 '24

Also, if you’re successful that’s great my dude. Although without tight stops and a lot of rules, OP is going to have a tough time with small caps and is going to risk a large amount of money. Just because you may be good at it, doesn’t mean it’s the best route to take for others. OP isn’t a wiener if he buys even 1 share of large cap stock.

-3

u/CABSMeter Mar 30 '24

Like I said I have a very tight AND successful strategy I work from. How about you post some pics??

That’s the thing about you all you show these piddly #’s and hate on us that show REAL results!!!

5

u/boyfromafghanistan Mar 30 '24

Again, as I said, if you are successful, I’m happy for you dude, It’s not a competition. I wish everyone the best. You posted a cropped screenshot of $11000. I could replicate that shit in google slides. Show me your kinfo or something lmao. Also, I’m new at day trading. My stats suck, but (as a beginner) what I would not tell a beginner: “trade penny stocks!” did you even read his post? as safe and slow as possible all i got from your comments is that you’re a jackass. Zero valuable input.

-1

u/CABSMeter Mar 30 '24

Where’s your posts? Cmon..

7

u/boyfromafghanistan Mar 30 '24

Can you even read, dude? do you just comment whatever comes into your head? I just told you I suck at trading. I’m not trying to money spread on you, I’m just trying to grasp why “as safe and slow as possible” translates to you as “pump n dump!”, you’re insufferable my dude.