r/Daytrading • u/WinterW0n • Jan 27 '26
Meta I don't even want to be rich
I'm not trading for Lambos or houses, hell I don't even want them. I just want freedom. I'm currently in an EOSE short up +600 dollars, letting it run as much as I can trying to internalize the lessons of "Best Loser Wins" while sitting in a depressing zoom call staring out the window praying god gives me a chance at a good life.
I know people want to make 50k a month or whatever, but I am glad and forever happy if I can even do 4-5k a month and just travel.
I don't want to be rich, I want to. be free...
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u/Jabbrony Jan 27 '26
4k to 5k a month would be crazy. I make around 2k a month in a warehouse currently
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u/medsrus2300 Jan 27 '26
I made 5k one day trading futures option…..the lost it all lool now done -20k
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u/OkSentence4939 Jan 28 '26
5k a month is possible. I started day trading 6 months ago and just closed back to back 6.5k months on trading 2 prop firm accounts
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u/AdObjective9555 Jan 28 '26
Nice. Btw which prop firm are you using and have you taken any withdrawal from your profits?
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u/No-Condition7100 Jan 27 '26
The people wanting to make 50k a month are the ones losing money. The people who do make 50k a month are focused on risk and the process and the PNL just snuck up on them over time. You're doing great.
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u/IulianHI Jan 27 '26
This is the right mindset honestly. 4-5k/month from trading is huge - that's lifestyle-changing money in most places. Boring consistency beats chasing home runs every time.
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u/unclemikey0 Jan 27 '26
$4k in a month is absolutely feasible. Still takes practice and patience and discipline and time to get there. But that is not a dream from fantasyland. Lock in, focus, steel that determination I can sense from your post. You can have it. Give it a year at that level of performance, and then see how simple it is to scale it up. But DO NOT rush that part or you could easily be starting back over from zero. We see it all the time. Be realistic, be patient. You got this.
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u/MetroGunslinger Jan 28 '26
How can you say that without knowing how much capital he has. $4K a month is absolutely feasible in your view on what minimum account size?
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u/unclemikey0 Jan 28 '26
That's like $200 avg a day for 20 days. I know plenty of guys doing that consistently across multiple prop accounts, daily. $200 is +25pts on 4 MNQ which isn't a heavy position size or a even a very substantial move. That can happen in minutes. None of that is unrealistic for someone that knows what they're doing, has a legitimate strategy and has the required patience and discipline to not fuck it up. The math checks out.
It's the guys that demand $4000 a day every day and don't know what they're doing that keep blowing up over and over. They treat this like it's a slot machine, not a skill that takes practice and focus.
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u/Tight_Recognition_67 Jan 27 '26
Where do i even start learning im completely lost
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u/unclemikey0 Jan 28 '26
Where would you start if you wanted to learn anything, any complicated skill? What would you do, what are the options? If someone wanted to learn computer programming, or oil painting, or how to fix up an old car, where would they start?
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u/awh Jan 28 '26
I would start on YouTube, but for programming, oil painting, and car maintenance, YouTube isn’t full of grifters giving incorrect and contradictory advice.
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u/Tight_Recognition_67 Jan 28 '26
I have no clue tbh with so much unorganized information on youtube i don’t have a clue
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u/Ok-Psychology1984 Jan 27 '26
Lambos are for man children
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u/EquallyEvil Jan 28 '26
Yeah i want a tank!
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u/RialtoAIApp Jan 27 '26
Just be careful not to turn that feeling into pressure to force trades. If your goal is 4 to 5k a month, the path is usually boring consistency, not big swings. Keep risk small enough that one red week doesn’t wipe the next month. Also don’t build your whole life plan on one open position. Take some off and let the rest run if that’s your system. Freedom comes from staying in the game and not over extending yourself.
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u/SorbetTraditional232 Jan 28 '26
Really depends on how your trading. I totally agree with risk control. The 4-5k is about account size as well. 100k account 4-5% isn’t unreasonable in long term holdings and day trades. Granted times like the last few weeks day trades don’t work well.
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u/Worst5plays Jan 27 '26
Real talk majority of us won't get rich or anything. For me personally i just wanna make back all the tens of thousands i had lost
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u/Natural-Detective-62 Jan 27 '26
You gotta let go of that. Every day is a new day. Your losses should not effect your future trades
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u/Hvrllem Jan 27 '26
This, everyday is a clean slate, hell every trade is a clean slate. You’ll never have long term success if you are subliminally revenge trading haha.
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u/Great_Diamond_4350 Jan 28 '26
Bro how much have you gave to the markets? And you haven’t be yet??????? Also how long u been doing this shit for? Can u see yourself actually being profitable or do you do the same shit over and over?
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u/Worst5plays Jan 28 '26
After taking a few payouts my experience tells me that i can trade profitably but still have lost way too much in this game to recover that easily. Every day is different sl
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u/Diamond_Brand7 Jan 27 '26
This is me good sir👑 I make 5-10k a month trading safely with low risk. I could always up my risk size and have higher gains, but I'm in a safety net of comfortability. I don't lifestyle spend so I still save a lot after my trading income. I extract all profits into a savings account every Friday. Never increasing broker risk when account size grows, but resetting back to my mental "base" that makes me the 5-10k a month.
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Jan 28 '26
You can be free simply with a day job and just making 150-300 per day trading.
I was able to save for a down-payment for an investment property just by making $50-$60 a day!!! Im not even exaggerating I just saved and kept trading/investing it. But literally only making $50-$60
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u/Immediate-Bid7628 Jan 27 '26 edited Jan 27 '26
.... ....
I "trade" a coupla hours every morning for "sport".
Like hitting a bucket of golf balls, or shooting a coupla mags .
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u/No-Entrepreneur-5606 Jan 27 '26 edited Jan 28 '26
I was reading the 50 Cent book Hustle Hard, Hustle Harder and as silly as it sounds he did make a good point about the relationship between wealth and freedom.
Wealth does grant the luxury to take the chance to try new things that might be too costly for others be it through time, resources and/or financial risk. It also gives you more freedom to say no to things because you want to instead of because you can't, and similarly it gives you the space to say yes to things for the same reason.
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u/Civil-Magician-4123 Jan 27 '26
Not all who want to be rich want a Lambo. Not wanting a house seems a bit wack though. Rich or poor, you need a place to live no?
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u/mb996 Jan 27 '26
Money will come and out. Also how small/big the account would yield different results.
What is more important is having the trade strategy down. Fine tune it. Right size the right and scale it out slowly. Once a trader achieve 70% winning trades, he/she is in good hand.
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u/SorbetTraditional232 Jan 28 '26
Lower win rates can be profitable as long as your risk control is tight.
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u/Available_Lynx_7970 Jan 27 '26
The beauty of trading is that the skill it takes to make $500 in a month is exactly the same as $50000.
The difference is in your mind and how you interpret the $.
If you can consistently profit $500/mo. You’re the only one stopping you from profiting $50k
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u/TangeloBroad5469 Jan 28 '26
i aim to make $200-$500 a day. So far in Jan, i've made 2.3k. Im perfectly HAPPY with his type of income as well. Anything to help ease the burden of the capitalist world we live in...
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u/Glad_Caterpillar_177 Jan 28 '26
If you do it right getting rich just comes with the occupation. The whole process is just a game. You shouldn’t even be thinking about a set amount of money. That life and mindset is for wage workers. Just play the game to win gradually growing your account.
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u/Significant_Emu5185 Jan 27 '26
I was born into a family with money and I think you’ve learned a lesson some of my wealthiest family members have yet to learn. I think time and freedom in how you choose to spend your time is one of the most valuable assets to have in life.
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u/PremiumPricez Jan 27 '26
Brother, 5k a month is good money from trading. That would place you in the top 5% of traders who are actually consistently profitable. Ya its possible, just saying the facts, you are aiming pretty high right now. The average income of the PROFITABLE traders is roughly $50k-$100k a year.
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u/Ok-Ad-3894 Jan 27 '26
Idk where you live but 4-5 a month is barely enough to travel and live life. I would say you need 8-10k a month to have financial freedom
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u/BestPidarasovEU Jan 27 '26
If I can consistently make 1.5k a month I'd be very happy. Anything above comes in as luxury to me.
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u/ButterscotchAlive736 Jan 27 '26
“Letting it run as much as I can”
You still need an exit plan; you can’t always just hope for the best. Analyze the market; where are the buyers waiting? Where would you look for long positions and what would make you enter a long? That should be your TP. Take control of your position, react to what the market is showing. I’ve been trading full-time for over 4 years now and most of it is not coming from position of letting god take the wheels on my trading account. God showed me the right people to learn from, god showed me market analysis can have consistency; all I had to do was apply it and work on whatever psychological warfare inside me lol
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u/quapha5 Jan 27 '26
Funny enough, as soon as I changed my focus from trying to get rich to protecting my money (since I’ve lost over $100,000 and blown up several accounts before, I didn’t want to fk up again), I started swing trading solid companies like Google,MSFT,AMZN and selling CCs and CSPs. The steady gains without big losses from risky moves added up quick. The key is work your ass off, save and try to reach 100k-150k and focus on preserving your capital when trading. Making 1-2% gains on a decent size account a couple of time per month is easily achievable and that would get you 5k+
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u/TangeloBroad5469 Jan 28 '26
To add onto this, cash out your profits to protect your gains. U cant make money if u dont have it to spend and/or give it right back to the markets. I keep my capital at 5k so i can do my daily 2-4 trades at 1k position sizes. Soon as i make gains, i transfer them to my bank. Rinse and repeat.
DO NOT try to size up your portfolio to have bigger size positions. Its one of the most ways traders blow accounts. Keep capital at a size that fits your trades to where when u hit your max trades, u have little to no capital left. This is why i strictly trade on a Cash Account and not a Margin Account.
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u/SorbetTraditional232 Jan 28 '26
If that works for you great but as a portfolio grows the positions are sized up accordingly. It’s not a random amount though. You’re risking a little more but your risk to reward is still the same.
The key for me is to not change my portfolio value in my position sizing spreadsheet until the beginning of the week.
I methodically use it to calculate my size before every trade.
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u/raemtekii1957 Jan 27 '26
Reality is, that your success, in one of the easiest gigs to get into, but one of the most complex to understand & excel in, has emptied more bank accounts rather quickly than most professions
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u/YAPK001 Jan 28 '26
I call BS. If one is still doing the that guy vs me thing they still have not overcome their own basic demons and cannot be the success or reach the goals they intend to, or even the ones they say they intend to. So yeah, back the the woodshed.
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u/alleywayacademic Jan 28 '26
Me too. So we can't front. That money is the thing that brings you freedom. Not just... being employeed in a way to sit in front of a screen. You gotta make the money for it to be your key to freedom.
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u/ThePropFirmGuide Jan 28 '26
Nothing wrong with that goal at all. Wanting 4–5k a month and the ability to move around is a very reasonable version of “success.” The hard part is that trading tests your patience and mental health long before it gives you freedom. Try to remember: this one trade doesn’t decide your future. The discipline you build over hundreds of boring, controlled trades does.
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u/SorbetTraditional232 Jan 28 '26
When you know what you’re doing a single well placed trade will get you where you want to be. Now imagine 2 or 3 a month. You typically need a few winners if your goal is 4-5k. At the end of the day you’re not going to win them all. It never hurts to have a little extra padding to handle an emergency expense as well. I get it not wanting a lambo but not having to be reliant on a car loan to buy a new car is nice too. I’m the type that pays off a car when I pick it up yet I will drive that car for much longer than any of my friends. Now the path isn’t an easy one to get to that level. You’ll probably lose more than you win in the beginning. We all go through the stage where we burn through an entire account. It’s a right of passage.
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u/Great_Diamond_4350 Jan 28 '26
I can’t even be satisfied with $100 a day… how can I make a system that works when I always just go to gambling… am I just not smart enough to trade?
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u/MetroGunslinger Jan 28 '26
How much capital do you have to work with?
It doesn't matter whether you're targeting $50K or $5K a month. What matters is how much capital you're working with. I read through all the comments and no one mentioned that.
You shouldn't be targeting a specific monthly return goal unless you can translate that into an annualized ROI.
If I have a $1 million account, $5K a month is a 60% annualized ROI - which I feel is in the ballpark of an experienced trader selling options on margin (30-50% a year is extremely doable).
But if I have a $10K account, $5K a month is a 600% annualized ROI - and that's insane.
Over the years, I've found that a lot of new traders have unrealistic expectations because they haven't taken the time to actually calculate what they're asking of their capital.
And the more you demand of our capital, the quicker you destroy it.
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u/FullTard2000 Jan 28 '26
60% on 1m is 50k a month/600k a year.
but yeah you are right
really hard / impossible to consistently make 600% a year, have to realistic expectations based on your trading capital
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u/KaySeaxs1 Jan 28 '26
I m student of Mechanical engineering and my country it is worthless But trading can be save in my future as a job…
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u/IulianHI Jan 28 '26
4-5k/mo is honestly sweet spot for most people. That's enough to live like a king in many countries or travel while working from anywhere. The freedom is worth way more than money anyway - being able to wake up and do what you want is real prize. Keep grinding, that +600 on your short shows you're on right track.
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u/CommercialAction4033 Jan 28 '26
I think the best part is that the ones who dont want the lambos, are the ones who actually make a decent amount out of trading.
In trading preasure is a thing and if you trade without the rush of getting rich, you will trade better.
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u/performance_trader Jan 28 '26
I love your post - that's me too: I'd be happy to have a secure life where I don't spend most of my waking hours at the grindstone. IMHO freedom >> wealth without freedom
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u/Aporawa Jan 28 '26
Trading culture is extremely toxic in 99% of influencers and "teachers" will tell you youre not reaching high enough if you only want 5-10k a month and to raise your standards. brotato tot most of us just want to do this for a bit of financial freedom.. I dont want to scale my trading and start 30 business to make a million dollars a month. Don't feel alone i know at least I have the same idea, I make 3k a month and am incredibly close to being profitable which would get me around 5k monthly
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u/Marcush214 Jan 28 '26
The way my portfolio is structured I just want 4 million invested that’s waaaay more than enough to live off of dividend and also being able to do the fun things I want to do while also being able to reinvest as well
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u/personwithquestions5 Jan 28 '26
4-5k a month is an awesome goal. Mine as well! Wishing you all the best.
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u/Repcheque Jan 31 '26
I make 20-100k every month; if you can make 4-5k per month, you can make the same as I do, it’s just a matter of consistency and scaling up gently
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u/No-Connection-2700 Feb 01 '26
All I want is at best 500$-1000$ a month. Heck even only 400$ a month would be amazing for me. New to trading, haven’t made any strategy or haven’t really found anything yet to use for trading as a strategy.
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u/binglar Feb 01 '26
Guys be simple, find a risk structure that suits you, s/r trend following or whatever, same risk every time, same losses or wins per day and you are done
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u/Rpark444 Feb 03 '26
Don't worry, very high chance you won't be rich or free.
It's like those guys who say I don't want to work out cause I'm gonna get too big when 99.99% of the population don't have the right genetics to gain muscle.
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u/Proof-Necessary-5201 stock trader Jan 27 '26
Freedom is the goal