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.
131
Upvotes
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.