That's clearly your interpretation of the opinions with which many people are presenting you, but it's perhaps somewhat curious, to start off a thread to ask for opinions, and when almost all of them turn out not to be what you hoped to hear, to comment that people are "criticizing". However, you probably have a point, too: I was criticizing, I suppose. Anyway, I wish you nothing but well with this.
Dude...don't even be "thinking" of quitting your job. I am 23 and make $60k base (I do have a wife and kid to support though) as well, that would be a lot to give up by quitting. Not sure where you live, went to school, or do, but in my area for my age $60k is great unless you went to a great school and majored in something that pays very well. You would be much better served figuring out how to trade around your work schedule without letting it interfere with your work much. I place trades occasionally while at work, but ultimately just log in to check a few times throughout the day. Unless you have some great edge in the shorter time frames, figure out how you can both work and trade and maybe focus on slightly longer term stuff. You will be able to grow your account so much faster this way. Once you have enough saved up to cover living expenses for a year on top of what you need to trade, maybe then consider doing it full-time. Not sure if it has been suggested by anybody else (haven't read all the thread) but maybe look into Topstep for funding as well. By all means take a loan if you are willing to risk it, but I think you would be much better served figuring out how to trade on a slightly longer time frame so you can work as well. Having to depend on withdrawals from your stake will be a nightmare without having a big stake or some insane returns.
overwhelming chances are that you are wrong about your trading abilities.... imho you know nothing and will loose everything very soon (even if you have a talent for trading - talent is not enough) but the good thing in this country is a bankruptcy law i would recommend to paper day trade (forget simulators) until you build a method (that may take many years), and then (if you will ever build a method) to borrow not 10k, but 200k... but probably you won't listen now the good thing about being 27 y.o - you have time, ...but you'll never listen by the time you will be 57 y.o - you will listen,... but you will not have time
Time. Is on my side. Yes it is. Unfortunately, we think we run out of time. Too often, to let it grows, slowly, our souls. We bifurcate, cut it short. To never grow. Stagnation comes from going too fast. It's like the Hare and the tortoise. I'd say, keep your job until you've beaten the apple. It's a nice hedge. Then if and only if it works. You won't experience any doubt anymore. Everything's going to be crystal clear. If you wonder. It's because you're uncertain. You've got nice plan but still not saine. What do you need to be confident? Surely not Ex Ante nice Sketches. But that's everything you have... Protect your downside ! While keeping the doors open, And tending toward specificity, your dreams. Oh, no ... You've got more than shaky plans, Since you've borrowed "a lot" and took an expensive loan. You have confidence in yourself, you proclaimed to be successful. However you're in doubt. Because success is a mesure of resilience. It's in play when things go bad. As Successful ships brave hurricanes. So you know you can't trust that confidence you feel right now. It's based on a small and peaceful sample. You ain't have enough experience. That's what we read through your lines. We can't help you. Let's trade. Reframe your options, Expectations, Potential... And choose.
Not sure if this is a troll thread but here is my 2c and it is similar to what others have said. You should definitely NOT borrow money, stay in your job and save whilst you swing/position trade studying the markets a couple of hours every evening. I would even go further and say do not put your career progression on hold at all to try and be a trader unless you are well capitalised AND are joining other seasoned professionals. I say this from experience. What I have noticed from the pros who have been in the game a long time is most of them have transitioned from day trading into swing/position trading, yes they still day trade but only when the conditions are right. They do not sit there all day watching ticks and the algos fight it out. Learning this game will take years, possibly 10+ years to completely master. For most intelligent people the best route is to stay in their current career and develop that as much as possible at the same time as learning how to swing trade, holding positions from 1 day to weeks. The thing is people don't want to trade longer timeframes when they start out, they want action, they want to watch the algos fight it out. This is especially true of men in their 20s. You will have to go through psychological pain to master trading, trust me on this. If you are borrowing money then this pain will be amplified. Ask yourself the difference between someone who is willing to lose $10k but has $100k in the bank versus someone who borrowed $10k. its huge. GL