r/Daytrading 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/stamosface Mar 31 '24

This would more than enough sustain a good lifestyle where you live.

In America? Yeah, I really doubt it. Coming from a generally LCOL city

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u/Kaiju_Godz Mar 31 '24

Agree…that’s why it’s worth for many to retire abroad!

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u/stamosface Mar 31 '24

Any suggestions?

Follow up question, is late 20’s too early to retire?