how much money do you need to live like a day trader

#1 label your personal expenses.
#2 Match your expenses to a percentile of a larger sum
#3 find a system that can match that percentage
#4 work that system until you have at least 4X the needed capitol
#5 Invest remaining funds into a dividend reinvestment portfolio that returns an amount equal to the max loss per moth
#6 Be perfectly sure your system works now and in the future(very important)
#6 quit your day job
 
Last edited:
you better start with small money. When you feel more experienced you can put more momey. Its very ricky to have Forex as a main job without good experience at trading.
 
Top