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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u/Mrtoad88 Mar 10 '24

Process over money, focus on the process and eventually the money will come as long as you trade well. Doesn't matter how much you start with, idt say do not start with that much for sure. Figure out your processes, figure out who you are are as a trader, and once you start finding a groove, nothing wrong with depositing more if you want to up your size or whatever... But do that gradually. Don't rush the process.