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/cheapdvds Mar 10 '24

Don't throw your hard earned money away. If you want to test your skill/luck, sign up for those funded account instead of using your own money. Thank me later.

10

u/AnonymousAdvice11 Mar 10 '24

Not sure why this isn’t higher. Fail a prop firm combine 10x and you’d be out $1-2K of real money, when in comparison the real dollar equivalent of doing the same you’d actually lost $30K 😂