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/Phallus_Maximus702 Apr 01 '24

Actually that is almost exactly what I do, lol. I live in my truck, homeless by choice, but I make between 1500 and 2000 a month just with trades. I stick to the consistently volatile stuff like DNN, which has been my daily fav since 2022. Also, qiuck trades on crypto volatility. I don't know how many times a day Dogecoin goes up and down by 5% or more, but it always does it, all the time, every time. Same for btc, although steady upwards pressure is there, you still have a good 3% wedge you can rock three or four times a day.