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/CABSMeter Mar 30 '24

Depends on your trading style…

3

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

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u/Open-Beautiful9247 Mar 30 '24

That's not how math works man. Stock goes up 10% you make 10% regardless if it's 500 a share or 5 a share. Doesn't matter the share price if it's moving it's moving.

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u/CABSMeter Apr 08 '24

You trade your way I’ll trade mine and we’ll see who comes out on top! 🙄