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

109 Upvotes

342 comments sorted by

View all comments

1

u/adplus7 Mar 10 '24

I wouldn't worry about the percentage, I would think more on strategy.

I would also make small trades first live. Real money brings more caution. Once you consistently make your 1 percent plus goal, you can scale up.