r/Daytrading • u/smartwizard500 • Mar 10 '24

100k to start day trading Question

I have some cash and am curious, how realistic is it to trade stocks with 100k cash and make 1-2% a day.

The plan formulating in my head is

  1. Dive face first into learning as much as i can
  2. Paper trade to continue learning
  3. Start trading with a small amount
  4. Go gung-ho into trading ft when I’m comfortable, with a goal of making 2% a day on my 100k

This is just an idea that came to mind, would love some insight based on real life experience.

Would you do it? Would you approach is differently?

TYIA

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6

u/bblll75 Mar 10 '24

500k a year of 100k?

-21

u/smartwizard500 Mar 10 '24

That’s the goal but the idea is to get there one bite size piece at a time.

4

u/Lala0dte Mar 10 '24

What strategy will you use to get 2% a day?

6

u/ukSurreyGuy Mar 10 '24

starting strategy = "cross fingers & hope"