Is 50,000$ Enough to set up a trading account to earn a full time living?

[RogueTrader92]

I HAVE EXPERIENCE & KEEP IN MY MIND I DONT LIKE LEVERAGE

 

[MrMuppet]

no

 

[maxinger]

If you trade options / futures (with leverage), that amount is more than enough.

If you trade stocks with no leverage, then the answer is no.
So don't be a full-time trader.

 

[twstn]

Trade crypto!

 

[RogueTrader92]

and

no

and what do you think the minimum is ? and what do you do yourself ?

 

[globalarbtrader]

No

GAT

 

[wartrace]

If you have the experience you should already know if it's possible for you. Also, the definition of earning a full-time living is subjective. What do you need to make a year to live?
With 50k you would have to make at least 100% per year for a mediocre living after taxes. If you do not employ leverage it is going to be nearly impossible. If you DO manage to make 100% per year I expect to read about you in the next "Market wizards" book that Jack writes.

 

[d08]

It depends on your circumstances. If you're very young, living with parents and have virtually no expenses, it's feasible. But that's with leverage, without leverage I don't see how one could do that.

 

[MrMuppet]

and

and what do you think the minimum is ? and what do you do yourself ?

well...you can calculate that for yourself.
if you need 5k/m in expenses then you need to make 20k from trading.
half goes to the IRS and retirement savings, 5k to grow your account and 5k to pay the bills.
If you make 20% a year you need to have 1m$ to start with

 

[traider]

Yes if you are in top 0.1% of traders.
You need to use leverage on $50K
Also go watch some gambling shows for inspiration.
Good poker players can make a ton with 50K starting capital