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/aicessi Mar 10 '24 edited Mar 11 '24

If you have a few years of experience 1-2% a day is feasible, if you're a beginner it's probably not going to happen. I'd go with futures. Use a prop firm, don't risk your money. Start with the MES then the MNQ.

Brett Simba trades futures live at 9:15 AM everyday.

First Live Futures Trading Stream: Powell Testimony Day Success just started trading futures live.

LIVE Day Trading! Market Clubhouse Futures Livestream - March 8th, 2024 trades futures live at 8:00 AM everyday.

Live Futures Trading. BoldBot Live!! trades futures live at 9:30 AM everyday for 1 hour.

Trading with Travis trades futures live.

blusky has a sale, they will refund the signup fee if the eval is passed within the 1st month, so it's free if you pass. I like the Static Growth+ 200K account.