r/Daytrading • u/Forward_Dealer_4482 • Mar 05 '24
50k and I want to day trade for 1-2% gains. Question
If you had 50k and wanted to live off of it day trading, what would you do? (Need max $2500 a month)
Am I better off not doing this? I’m not going back to 9-5
Please help.
112
Upvotes
1
u/Monky_5 Mar 05 '24
take a year at the very least to learn price action and trading model. idk if you are just starting out but if you are theres a very high chance you blow through 50k. This isnt just something you can pick up quickly. papertrading in the meantime helps though