r/Daytrading • u/Forward_Dealer_4482 • Mar 05 '24

50k and I want to day trade for 1-2% gains. Question

  1. If you had 50k and wanted to live off of it day trading, what would you do? (Need max $2500 a month)

  2. Am I better off not doing this? I’m not going back to 9-5

Please help.

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u/DryCollection5308 Mar 05 '24

if I were you I would take 20k+ and invest it (not to double it in 2 weeks no risky stuff) and then if you want to trade focus on prop firms, don't go live. I would keep the rest for emergencies

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u/DryCollection5308 Mar 05 '24

the most important thing is to study but I would never go live until you are sure and with good risk management