How much money do you need to live off of day trading?
Asked 4 years ago
Is it possible to live off of day trading?
Andia Rispah Igobwa
Monday, November 15, 2021
The stock market has a legal minimum capital requirement of $25,000. Day traders should start with at least 30K as an account balance to provide flexibility and the potential losing trades if they do not win on their single trade.
It's recommended that day trading participants risk no more than 1% per share when investing all funds into one investment vehicle such as stocks which usually range from 0-100 shares or "bulk lot" quantities where there is much less chance of being margin called by brokerages if something goes wrong during purchase process because these investments have lower margins attached unlike buying individual bonds ETFs ETNs etc., so you can earn higher rates.
Please follow our Community Guidelines
Related Articles

Best Indicators for Forex Day Trading
Filip Dimkovski
December 23, 2024

AJ Bell 2025 Review: Everything You Need to Know
Jason Taylor
January 16, 2025

Top 10 Technical Analysis Chart Patterns for Effective Trading
Joel Taylor
January 19, 2025
Related Posts
Filip Dimkovski
Best Forex Day Trading Strategies for Beginners
Filip Dimkovski
Are There Any Advantages to Daily Stock Checking?
Andia Rispah Igobwa
What Counts as a Day Trade With Robinhood?
Andrew Moran
Best Brokers for Day Trading in 2022
Filip Dimkovski
Using Platforms and Brokers for Day Trading
Can't find what you're looking for?
