Re: Thinking about day trading.
At least $30k. You need $25k, by regulation, to open a daytrader account. Then you need a little buffer for downturns.
That would be an adequate amount if you already knew how to successfully trade. If not, you're going to burn some money learning it. In the current environment with a lot of volatility, a skilled trader should be able to average around .5% to 1% a day, which translates to $37.5k to $75k per year. I've seen talented guys do much better than that.
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