[basic]

Well your situation is similar to mine when I made my last deposit about a month ago. I had $46, started playing $2-5$ MTTs (playing at a not-so-major site) and 10NL ring games. It took me about a week to get up to $100 and after that I played the $10 MTTs and 20NL. I cashed at about 50% of the tourneys I played, went to cash tables to grind when I was losing at the MTTs. I'm now up to $640. Although I'm not placing ITM at every tourney I play at, I have consistently improved my BR throughout November.

So yes, it is possible but it's pretty hard at first. The only thing I would recommend you doing is playing at stakes your comfortable with and w´here you can win. When you're a winning player try the next level, if you succeed there you can move up, if not just return to your previous level. At least that's what I've done.