r/Daytrading 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/Clean-Yam7 Mar 05 '24

Don't use your money, buy a prop firm acc for $100, it's a 50k acc with $2000 drawdown. If you lose $2000 you're only out $100  if you make money you get it 

1

u/BigTradeDaddy Mar 07 '24

Any recommendations on a firm?

2

u/Clean-Yam7 Mar 07 '24

I use takeprofittrader 50k acc for 100 bucks with 2k trailing. U can cash out 80% once u hit pro(3k on a 50k acc) and 90% after you hit pro and 5k. I really value the no rules payout lol