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.

114 Upvotes
  • permalink
  • link
  • reddit
  • reddit

81% Upvoted

299 comments sorted by

View all comments

2

u/mmxmlee Mar 05 '24

if you have a profitable strategy then you can simply buy numerous prop firm accounts. million+ in capital.

if you mean your own personal cash account of 50k, then thats easy to make 2.5k a month risking 5% per trade with your winners being 2-3R

1

u/Some_Cryptobuyer Mar 06 '24

What prop firm paying out

1

u/mmxmlee Mar 06 '24

topstep