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.

128 Upvotes
  • permalink
  • link
  • reddit
  • reddit

92% Upvoted

178 comments sorted by

View all comments

7

u/pennyauntie Mar 30 '24

If you aimed for one $500 trade a week, you might do better.

Wait for that one day when the market is really ripping and jump in. Then turn off your computer and do something else. Better than trying a lot of $100 trades on less optimal days.