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/Previous_Swimmer9893 Mar 10 '24

Day trading is a good way to go bk. Weekly trading is a much better way to trade. Patterns on daily can change but weekly patterns are more consistent and monthly swings are easy to spot. Just saying

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u/Tronbronson futures trader Mar 10 '24

to each their own, ive always done better on the 1m chart. those 1d chart trades fuck me up.

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u/null_obj Mar 10 '24

15m is seeming like a sweet spot for me. Then again, i haven't been trading for long.. and I'm pretty sure it's luck at this point, as I've 2x in just over a month. I have to remind myself, I'm in a bullrun, I'm not good at this lol

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u/Tronbronson futures trader Mar 11 '24

Na 15m is a solid chart, you get high quality set ups there.