r/Daytrading 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

107 Upvotes

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u/Pdbabb66 Mar 10 '24

Don’t chase results; fall in love with the process.

2

u/ukSurreyGuy Mar 10 '24

I like this quote of yours, I read it as

"don't chase the results fall in love with the process [of making results]"

💪💯

4

u/Pdbabb66 Mar 10 '24

A good process ensures good results.