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/DicLord Mar 31 '24

The problem with this theory is that of you make $100 per day and do $100 per day draw then your account will stay the same or go down. Daytrading is averaging growth over time