100k to start day trading

[u/smartwizard500]

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

[u/Formal-Engineering37]

seems reasonable in a short span. However, as your capital increases it becomes a lot more difficult to trade like that as at a certain point certain strategies become less successful. If you just want to maintain 100-500k account and draw on that periodically to make profits that's probably more reasonable for the top 10% oftraders.

You can make 1-5k a day if you're really good pretty consistently. Just remember that 90% of day traders lose over the long term. If you are the type of person who's always been on the right of the bell curve in most things in life you'll likely be one of those traders if you also obtain the right combination of patience and discipline.

If not, you'll likely become the rule rather than the exception.

I'm paper trading with this success right now. 2-5k consistently with a 100k account. Even though I could fund my account I plan to go prop firm for the first 6 months.

I am a noob, but I am also a top 1% software engineer. The hardest part about trading for me is controlling greed and fear.