What is good amount to start day trading is 100$ enough??

[Bvvvp009]

^[1]How many times one can loose all his trading accounts ^[2]before really start trading and earn.

^[1] Can't really predict this.
All depend on the knowledge and resource of each individual.

^[2] You cant determine someone can start earning/trading based on "how much he loosing" went doing a trade. All factor like, Management Money, Trading Analysis, Fundamental Analysis, Psycology and etc, what makes them can really ready to earn by doing trade.

Before entering in to trading i thought it was easy now i am getting to know need strong mindset

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[bitgolden]

Shouldn't that depend on where you live, how much money you need, and what is your goal? I mean if you live in a third world country where 100 dollars is a lot of money, sure you can start with that, and if your goal is to make 10% per month that could be achievable, not really something you can do EVERY month but still doable for many months.

However if we are talking about 10-20 bucks is not a goal, then 100 dollars may not be enough at all, I mean the max you can do is 100% return which is very very unlikely but even with that you are getting 100 dollars and nothing more which is not really that much of a big number in many nations and that is something you can rarely ever do so it doesn't really make sense to start with that amount. You can also start trading to learn to be better trader, in which case all amounts are alright.

[rose9696]

How many times one can loose all his trading accounts before really start trading and earn.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

So the way your transactions are problematic. you should learn to manage capital and learn to accept getting rich will be a long time. I know that many people have their accounts burnt for the same reason only because they don't accept small profits. They always place orders with large amount of money while their total account is very small. Just times of strong market fluctuations can dissolve your account in a moment.
So you should start with small amounts and practice managing small amounts. You can read the 2% and 6% rules of Dr. Alexander Elder, I'm applying it and it's really great.

[ScamViruS]

How many times one can loose all his trading accounts before really start trading and earn.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

Amount doesn't matter everything depend on you. First you need to see if you have the ability to do day trading. If you do not have trading knowledge, you will lose small or big amounts in few trades. However, if you are an expert in trading, then you can increase your capital. You can increase your trading knowledge by trading with small amounts. Which will help you in the future.

[Twentyonepaylots]

How many times one can loose all his trading accounts before really start trading and earn.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

Amount doesn't matter everything depend on you.

Actually mate it matters, the profit will depend on the capital, you cant't gain a thousand dollar with a dollar unless a miracle happens.
 

First you need to see if you have the ability to do day trading. If you do not have trading knowledge, you will lose small or big amounts in few trades. However, if you are an expert in trading, then you can increase your capital. You can increase your trading knowledge by trading with small amounts. Which will help you in the future.

Knowledge is the foundation of your skills, every one can day trade but not every one can win in day trading. $100 for me is enough, I don't know it is just maybe for me coz I can make that $100 into $300 after a good trade in a week or two, depends on the market situation. Make it a habit, the longer you are trading the more you add money to it. Invest on your trading life, no one knows what it could bring to you but the risk is worth, perhaps.

[Mrengage]

If you are having loss, that means you definitely have problems somewhere, and secondly trading is not about winning all through and when losing you count your loss and not letting it over come the winning. I will advice you still go back and have some studies over trading.

[Utoy101]

How many times one can loose all his trading accounts before really start trading and earn.

To be honest, with the volatility of the cryptocurrency market and the risk associated with trading,one will continue losing until he stops being a newbie and finally learnt both the basic and the advanced concept of trading which includes even risk management. I've seen folks lose way more what you lost and at the same time, there are lots of other people that barely lose any amount reason being that they understand the market perfectly before they started trading

[Kelvinid]

How many times one can loose all his trading accounts before really start trading and earn.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

It is really depending on how a trader learns in trading and how they learn from their mistakes. It can be a month, a year or it never happens and quit.
Losses are a common thing to happen in trading and even professional traders suffer such losses also. But having those straight losses will signify something that there wrong with your strategy or in choosing coin/s for trades. A lot of factors to consider the reason for this that you should have to look and focus on how to eliminate these mistakes, otherwise, you'll still be losing all the time.

[JeromeTash]

First thing you should ask yourself is what is your goal? Do you want to make a profit of $100 per week or 10% profit of your portfolio per week? Your goal determine how much you need to start off with. For example for a profit of $100 the larger the amount you start off with, the easier it is to make that in a week.

However since you are a bigger, start off with smaller amounts until you master the art of trading and risk management.

[Stedsm]

Trust me @OP, this shows that you come nowhere to be tagged as a "trader" if you've lost around $1k and are still learning how much you need to put in ^before^ you can actually start making profits. Your experience seems to me as a novice one and you're just losing and intended towards losing more. You know? Day trading in crypto is only possible when there is enough volatility in the markets with higher volumes. So, stop thinking of doing it at days when you can't even expect these two things. Another thing is that, you can also start with $10-$20 or even $50 max if you wanted to test it out whether you can do it or not, but you didn't and you just jumped in with some ^small for you, yet big for others^ kinda capital and lost everything. You need to learn money management because that's the highly possible reason you've lost this much as of yet.

[DevilSlayer]

You lost your 4 portfolios, anyway for sure that you learned a lot from it after all. If you did not learn from then maybe if you will do paper trading first or virtual trading in order for you to practice more. You are vulnerable to losses and you should be aware of it and day trading is really a risky strategy. There are certain criteria that you need to fulfill first if you want to do day trading.

You need to know also your strength and weaknesses in trading because your winning rate is too low and you must be aware on what is wrong for you to focus on what you should improve and in order to make money in trading.

[Bvvvp009]

You lost your 4 portfolios, anyway for sure that you learned a lot from it after all. If you did not learn from then maybe if you will do paper trading first or virtual trading in order for you to practice more. You are vulnerable to losses and you should be aware of it and day trading is really a risky strategy. There are certain criteria that you need to fulfill first if you want to do day trading.

You need to know also your strength and weaknesses in trading because your winning rate is too low and you must be aware on what is wrong for you to focus on what you should improve and in order to make money in trading.

Thanks for replying,I will now try with practice account from now onwards

[btc78]

How many times one can loose all his trading accounts before really start trading and earn.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

after losing those small losses mate you should realized that you are not ready yet and better start trying to use free trials of trading in some exchange and i think Binance offers such .

remember that trading is not form everyone since more than the profiting in this strategy are losers so better not to pursue if you think that there are no chances that you can adopt with daytrading and try Holding instead.

[Kasabus]

How many times one can loose all his trading accounts before really start trading and earn.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

after losing those small losses mate you should realized that you are not ready yet and better start trying to use free trials of trading in some exchange and i think Binance offers such .

remember that trading is not form everyone since more than the profiting in this strategy are losers so better not to pursue if you think that there are no chances that you can adopt with daytrading and try Holding instead.

If you keep on losing from day trading  either  small or big amount, better to take a pause from day trading and try long term holding. Atleast in long term holding, you won't keep on losing your capital. As long as you are patient enough, you will still make profits in long term holding but it might take a long time of waiting. Day trading will only be profitable if you have special skills on it.

[CarnagexD]

I this haveing a 100$ dollars for trading is too much because some of the platform today for trading just giving over 10$ only for make a trade and also be aware it is trading, it is earning of money and the same time it is risky. Also, it is quite good to have a gold market strategy for trading some of the makes more knowledgeable first because trying to entering into the world of trading and also it is a huge loss for you immediately for that hundred dollars, it is better if you strengthen your mind and techniques first to avoid getting too much loses to be aware about your mistakes too.

[Gyfts]

Go throw the 100$ into a blackjack session and I promise you that you have better odds at ending up profitable than day trading with 100 bucks. It's already a risky game to dabble in and you're just asking to get railed if you come in with no experience and start placing bets down as if you truly know where the market's going.

[maydna]

If you still new in trading, using $100 is enough for day trading, but you need to learn more about trading and how to analyze the coin because it is not easy to do day trading now. The market still unpredictable, and if you use $100, the suggestion will be to analyze the low price coins with having the potential to increase. It's okay if the coin cannot rise so high, as long that coin can have a good move in the market, it is enough for you to buy and sell that coin. Use your losses in the past as your lesson, and you need to search for something that can help you to make a profit this time but don't greedy to expect for making a big profit in one trade if you think that is difficult.

[Negotiation]

^[1]How many times one can loose all his trading accounts ^[2]before really start trading and earn.

^[1] Can't really predict this.
All depend on the knowledge and resource of each individual.

^[2] You cant determine someone can start earning/trading based on "how much he loosing" went doing a trade. All factor like, Management Money, Trading Analysis, Fundamental Analysis, Psycology and etc, what makes them can really ready to earn by doing trade.

Before entering in to trading i thought it was easy now i am getting to know need strong mindset

You must adjust your mindset before starting trading Always have to think positively that everything negative will hurt. Always keep your head cool and be ready to earn money by trading.

[isaac_clarke22]

I started way below your amount, OP.
I can't remember how much but since I was still starting up yet that day like I was still learning from tutorials, I didn't bother to invest just a tiny amount from it and hey I chose Binance.
To tell you from my experience, there ain't a "minimum" amount to start day trading. Don't know if there's still such an amount if you're getting hang of it, because I already stopped because that strategy doesn't apply to me.

[SirLancelot]

How many times one can loose all his trading accounts before really start trading and earn.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

For day trading, $100 must be too small capital and because of inappropriate capital there is no wonder why you have lost all of your trading accounts so far. You must focus on two things: first one should be increasing your capital up to ten fold and the second one should be back-tracking where you went wrong in your each of previous attempts.

Even you will be trying with bigger capital, there will be no guarantee that you will keep on consistently making profits out of day trading because day trading is highly dangerous one and losing all the capital in day trading is a common scenario, most of the traders are facing. It would be much better if you change your style of trading into long-term-based one so that there will be plenty of chances to recover all of your previous losses.