I believe any good day trader should be able to live off a $10,000. cash account.
Use $5000 to trade one day and $5000 the next and trade 5 days a week if needed.
All you need to do is average 10% gains per week.
Then take out $ every week or so.
So that's $52,000 a year.
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You re speaking to the majority of us that hope to get there
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That’s my goal but I’m still developing a system that reliably provides profitable trades. Been trading SPY or QQQ mostly. I’ve been able making $ most days but not enough to live off of.
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When I first started started following your Twitter account, I thought you w were throwing around these massive dollar amounts on small caps. I didn't understand the mechanics so I was stunned the amount you traded with was much smaller than expected. Now I understand why.
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