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Author Topic: What is good amount to start day trading is 100$ enough??  (Read 2825 times)
jostorres
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May 10, 2020, 09:14:38 PM
 #141

For a person confident enough in their trading skills even starting with $50 would be enough since the matter about gaining profit is knowing when to buy and or sell. These are pointers that would often determine your moves as a trader, but of course, it takes a long time and a lot of experience to develop an eye for these trends as these are not always obvious, or even if they seem obvious they might not be necessarily real. So knowing your game, is all what trading is about which unfortunately comes on the back of having lost a lot while learning.
Correct! The amount involved does not account for anything because as a newbie or naive trader you will face a lot of problems where you will have to put stop loss and other things and all those need some money to back yourself because like some wise old man said "The goal of a successful trader is to make good trades, money is just secondary" and this has a deep message behind it.

Basically making good trades will give you success in long term and no matter how lucky you get if you are making bad trades more than the good ones you will eventually be on the losing side.

I always try and read lessons given by successful traders and from what I have learnt so far is that your primary focus must be about making better decisions and not always the best decisions are profitable decisions because in long term you can't survive in trading unless you are making good trades. Consider reading some books about trading not crypto but in general, you will find a lot of essence in the books.
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May 12, 2020, 10:24:12 AM
 #142

The good amount to start trading can be from $100-$200. Since with a small amount of deposit you can see how things work and you will be more familiar with it, then if it goes well you can make a deposit with higher amount.
quality.crypto
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May 12, 2020, 12:46:07 PM
 #143

The good amount to start trading can be from $100-$200. Since with a small amount of deposit you can see how things work and you will be more familiar with it, then if it goes well you can make a deposit with higher amount.

For a new trader, the investment should not exceed more than 200$ because without little experience in trading it is impossible to survive in the crypto market. But for the experienced trader, it completely depends upon his capacity and based on his skills. There is no specific amount for an experienced trader.
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May 12, 2020, 01:18:33 PM
 #144

100$ is enough to get profit and to start. but losing at 100$ many times is not good.. amount is not important to start in daytrading but lot of experience.. before entering in daytrading study will and practice before invest so even in small amount you can profit if you have a lot of experience...

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cassavachips
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May 12, 2020, 03:26:35 PM
 #145

Trading capital can be as long as you can trade in exchange, $100 is enough for me. Depending on the trader can manage or not. If several times have experienced a large loss or several times, it means that the sign must be more diligent in learning
royalfestus
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May 12, 2020, 03:42:55 PM
 #146

The risk remains the same for any amount, just stay with reliable coins. This is one of the best time to take risk, the time to take your profit wont be as long as with the bottom in 2018 December. No amount is too small but some risk can be unpredictable with life changing reward and dont be jealous, some in 50x, 100x which could be very hard for bitcoin to achieve with the present price.
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May 12, 2020, 03:56:01 PM
 #147

$ 100 is enough to start trading, but don't expect too much profit, if you are lucky from a capital of $ 100 can make $ 1 + per day is good enough, but in fact traders sometimes get stuck in the disposal zone and can not get income.
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May 12, 2020, 04:19:28 PM
 #148

The amount does not matter that much what matters is strategy. What is your trading strategy? Open condition? Close? S/L trailing or regular? Have you backtested it? Can you be watching the markets 24/7 or automate it?
Ideally when you have something you will paper trade it to see how it performs on real market data.
$100 is good enough to start trading and experiencing having skin in the game. You'd be waaay ahead of the curve if you spend it testing out your strategy than playing red/black with x50 leverage.
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May 13, 2020, 07:14:44 PM
 #149

It depends on your skills. How much do you know about trading. The more you know about trading, the less you lose. It doesn't matter how much you start with 100$. So if you are new to trading, you should learn more about trading. Then you can make a good income from trading.

gantez
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May 13, 2020, 10:15:47 PM
 #150

Since with a small amount of deposit you can see how things work and you will be more familiar with it, then if it goes well you can make a deposit with higher amount.

Nope not correct direction, and not all small account is able to do that. It all depends on the driver of the account. The difference is that if the account holder is greedy, the account might go out soon.
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May 14, 2020, 09:37:05 AM
 #151

It depends on your skills. How much do you know about trading. The more you know about trading, the less you lose. It doesn't matter how much you start with 100$. So if you are new to trading, you should learn more about trading. Then you can make a good income from trading.

Regardless of the amount that a novice starts trading with, you can't use the leverage that the exchange represents. Margin trading can be very dangerous for your balance if you haven't figured out how to trade on the spot market yet. It is possible that you will have to start with a new $ 100 more than once while you figure out how to trade.

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Kelvinid
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May 14, 2020, 10:40:00 AM
 #152

It depends on your skills. How much do you know about trading. The more you know about trading, the less you lose. It doesn't matter how much you start with 100$. So if you are new to trading, you should learn more about trading. Then you can make a good income from trading.
Frankly speaking, $100 is really a small amount in trading. You can't either think of a big return from that amount. I was trying that before and I can tell you, the amount really matters in trading. And that much more difficult of you are still learning in trading and it is possible that your $100 won't last a day and it has gone. If we are planning to be in trading, we have to prepare everything, and most especially, we think about the capital we use.
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May 15, 2020, 07:48:09 AM
 #153

Trading is one of the hardest things to make a decision and it depends on your knowledge and skills how does it will run also we are looking forward to making more earnings with the help of it if you made a mistake and analysis in trading your trades become liquidated it depends on your how it will run out. If you are just starting into the world of trading I think 10 dollars is enough to make a start and analyze all of the process and problem what will happen on your trading platform and you know how to handle it I think you are now prepared into the team world of trading it depends in your skills and knowledge to win your trades also with the help of indicators you can now make a conclusion what are the possible things happen I prefer to you with the help of the candlesticks and MACD indicators to win your profit

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May 17, 2020, 10:47:40 AM
 #154

No, 100$ is very small amount to start day trade. how much you want to get profit from it.you should not expect 1-2% per day. So for 100$ 1-2$ per day is enough for you??

At first you be supposed to be trained to cope investment and gain knowledge of to take in receipt of cloying will be a extensive time. I recognize that numerous natives give their financial statement burnt for the unaffected senses barely for the reason that they don't receive slight profits. They for all time station commands with corpulent sum of cash even as their entire checking account is especially small. right era of brawny promote fluctuations bottle disperse your financial credit in a moment.


I am now only at the stage of training for day trading, using the scalping strategy, under the guidance of several YouTube channels, on the exchange market. my starting capital is much lower than $ 100 and my income is very low, but nevertheless, my primary goal is to learn how to trade correctly and analyze charts. I use a Cardano and Matic coin. But I was interested in your answer and you really believe that investing $ 100 in daily trading, a trader can earn about $ 2 a day? real numbers? I would be glad of that too.
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May 17, 2020, 11:39:10 AM
 #155

100$ is enough to get profit and to start. but losing at 100$ many times is not good.. amount is not important to start in daytrading but lot of experience.. before entering in daytrading study will and practice before invest so even in small amount you can profit if you have a lot of experience...

$100 is very little amount for day trading but if anyone is a beginner he could practice trading with this amount. Also if anyone have less money like 100$ for trading, he /she should do the regular trading as it will be more profitable for him. Day trading is more risky.









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May 17, 2020, 11:43:21 PM
 #156

Day trading with 100$ will mean you have a very low profit gap at the end of each day and could also cause you to be a little bit eager and over confident going into trade.

To day trade, to my knowledge, you can start with a capital of 500$ upward, always do your own research and not be greedy in trading
Tahsin Kabir Kollol
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May 18, 2020, 04:55:32 AM
 #157

Actually It totally depends on your expectation, money management, and trading skill. If you want to earn a little percentage of your total balance, you can use 100$ for your day trading. But trading with a small amount as 100$ is very risky and you need high-quality trading skills. Because no one can surely tell what happened in the future and if your money management is good you can average your trade cost that helps to earn the profit. But In a small amount, One mistake and you lost your maximum amount. So trading with 100$, It is quite difficult for day trading.

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May 21, 2020, 05:26:33 AM
 #158

What matters most in trading is education, if you have the proper education you can compound any amount to a big amount. the education comprises of three different things discipline, patience and not being emotional
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May 21, 2020, 05:45:41 PM
 #159

If you starting with $1000 will provide greater trading flexibility and produce more daily income than starting with $500. The first thing to note is yes, making a living on day trading is a perfectly viable career, but it's not necessarily easier or less work than a regular daytime job. The benefits are rather that you are your own boss, and can plan your work hours any way you want.

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May 22, 2020, 03:23:15 PM
 #160

No, 100$ is very small amount to start day trade. how much you want to get profit from it.you should not expect 1-2% per day. So for 100$ 1-2$ per day is enough for you??

At first you be supposed to be trained to cope investment and gain knowledge of to take in receipt of cloying will be a extensive time. I recognize that numerous natives give their financial statement burnt for the unaffected senses barely for the reason that they don't receive slight profits. They for all time station commands with corpulent sum of cash even as their entire checking account is especially small. right era of brawny promote fluctuations bottle disperse your financial credit in a moment.
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