How much capital do i need to trade for a living? the answer obviously depends on many many factors. one of the most important being the cost of life in your city. hey, after all you can survive with 100 usd a month in cuba!! hehe. you would only need to make 1200 usd in profits per year to be able to make a living off trading.. How much capital for longer-term forex trades/investing? how much money do i need to trade forex – final thoughts $100 per day. to realistically day trade forex for a living, you need at least $50,000 in the account. then, $250 per day is a reasonable expectation. reply. cory mitchell, cmt says:. Currently, i would say some time in 2013 i plan to go full time, trade for a living but the only catch is i earn $150k in my day job so i have to work out wether being able to trade whilst retaining a full time is a more sustainable..
There are traders that i personally know who support their desired lifestyle with only $5,000 in trading capital. yes, you read that right. five thousand measly dollars, but that is because they trade with a prop shop that gives them 10:1 leverage on their money.. Aspiring traders often ask me whether or not it’s really possible to make a living trading the forex market. the short answer is yes. the longer answer is, yes you can make a living trading the forex market but you have to consistently do a lot of things right.. I am new to forex, but have calculated that if you have a large enough initial deposit to handle 1 lot per trade ($10 per pip), then to get, for example, a $4000 a month income in forex you would only have to aim for 20 pips a day 5 days a week..
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