First of all, congrats, Jim on reaching the 300 mark. Just from personal experience, 300 visits a day wasn't enough traffic for me. I believe I tried at 300-400 visits. Also, it depends on your site and niche. If you have a very specific / narrow niche then I don't think you need as many visitors as someone with a broader niche.
It's really hard to say. In general, I usually recommend your traffic to be in the 4 digits before trying to launch a forum but that's definitely not a rule of thumb.
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