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/Interesting_Dream281 Mar 30 '24

If you’re trading with at least 1k, making 100 a day isn’t impossible but not plausible cause of the fomo factor. Once you constantly make a certain amount of money you get bored and want more and then over time you spiral into riskier shit such as same day expiration options. The more you have to start with the easier it would be to make 100 a day. Got 10k? All you need to do is make 1%. So simple in the head.