Now hold on, I know this is a often hashed question, so please don't get mad. I have another spin on this question that I haven't seen addressed. What is the minimum required capital to successfully daytrade as a career/living when one brings FINRA Rule 2520 and NYSE Rule 431 into consideration? I have heard people here talking about $1000 and $2000 and being able to do it. I can't see that as a possibility considering that accounts below $2000 are required to be cash only and subject to rule 431, trade day+3 days for purchase settlement. Therefore you could only accomplish one purchase every 3 to 4 days. If you have a margin account (greater than $2000 cash balance, not including funds lost to trades), you have only so much purchasing power. i.e. you can only make so many trades before your account is subject to a day trading equity call which you can't cover UNTIL all your trades have settled which takes 3 days. So forget growth potential and all that if you could day trade with $1000 because truth is, you simply can't daytrade with $1000, you aren't allowed, and with $2000, you are allowed, but severely limited to the number of transactions you can execute while awaiting settlement. So my question is, what is realistically the minimum required to make or start a career in trading when the above rules are applied to the equation? Or maybe the question really should be...."How do people with claims that they can be a career trader with little to no money reconcile the fact that the law prevents one from doing so?" I realize this only applies to people trading in the USA, so those across the pond or else, please don't bother to answer, the question doesn't really apply to you. Thanks kindly for the patience with this oft repeated theme, but I had to hear what the responses would be with the inclusion of the regulations.