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

[peter0425]

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.

100 $ is enough for beginners because that amount is tolerable to lose.

and also your consecutive loses are normal for starting.

Just let yourself know the mistakes you commit so it will be use as learn to experiences.

[Neconic]

If you dont have enough experience in trading, it is better to start with smallest amount possible. Check with regulated brokers what is minimum amount to deposit. If you see that you can earn money with $100 than you can easy increase your investment

[balajisi]

...

I want to make it clear beforehand that capital is priority number 3...
the first priority that you must have is the skill/basic knowledge about trading and the second is the mentality that must be prepared with the possibility of loss that will occur in the future. if you already have the thing I mentioned, with capital only $ 20 you can make a big profit.

I do agree about the priority but I don't think that is enough to give you a profit.

Even professional investors or traders can lose, what they can do is just lessen the risk they are taking but then again, skill/knowledge and strong mentality can't always mean a big profit. Loss is inevitable in trading especially if you will be taking the market of cryptocurrencies that is so volatile and unpredictable.

I agree that it is not possible to enter a large turnover of large exchanges without losses.

[DarkDays]

If you dont have enough experience in trading, it is better to start with smallest amount possible. Check with regulated brokers what is minimum amount to deposit. If you see that you can earn money with $100 than you can easy increase your investment

You can even go one step further and just trade on platforms that have a live demo feature, there's plenty of them available—even for spot exchanges, derivatives and margin trading platforms.

Alternatively, you can just plot your entry and exit points using a technical analysis and charting tool like Teamviewer, most of the exchanges have integrated this anyway.

Just google "cryptocurrency exchange demo trading" and you'll find a bunch of platforms.

Be careful though, most platforms only give you a fixed amount of testnet funds to play with. After that you'll need to either recharge it move to the main trading platform.

[bitgoldpanther1978]

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.

Let me share to you my experienced in cryptocurrency, there's a platform where I deposited 10$ only then I tried to make an
actual practice in trading, there's a coin I chose to trade in with that amount. In just 3 days my 10$ became 23$ and I was so happy, and
I continued what I had started then every week my assets was increase until 1 month my 10$ became 281$ and I was so amazed.
Therefore, 100$ is too much for me as my starting trade.

[nelson4lov]

Honestly, if you're not trading with at least $10,000, then you are probably wasting your time.

Remember, you don't need to actually have $10,000 in your account to open a $10k position—leverage exists for a reason, make good use of it.

First, trading with less than $10K doesn't always mean time wasting. I mean, I've seen people who started with about $500 and worked their way to gain about $10K in gains. Even with $100, a lot could be achieved but it'll be slow-paced. Talking about leverages, it comes with a lot more risk especially for traders who doesn't have much experience as any slight turn of the market in the opposite direction could blow up your account.

[Bvvvp009]

You are the only person who can stop yourself from losing, you probably keep losing constantly because you refused to learn from your past mistakes, learn trading from experts, understands the basics before starting all over again, the power to lose or gain is in you, choose one.

Thanks for suggestion i am starting again learning from basics.

[Bvvvp009]

Honestly, if you're not trading with at least $10,000, then you are probably wasting your time.

Remember, you don't need to actually have $10,000 in your account to open a $10k position—leverage exists for a reason, make good use of it.

First, trading with less than $10K doesn't always mean time wasting. I mean, I've seen people who started with about $500 and worked their way to gain about $10K in gains. Even with $100, a lot could be achieved but it'll be slow-paced. Talking about leverages, it comes with a lot more risk especially for traders who doesn't have much experience as any slight turn of the market in the opposite direction could blow up your account.

what ever the size i have blowed up my account, need some learning for me .  i dont want to risk 1k or 10k with out knowledge i will prefer less amount only.

[Savemore]

Starting capital is important to consider and many traders failed in this area, if you are fully beginner then do not put real money and start paper trading first in order to become aware about the movement of the market. After you gain experiences and knowledge, then it is the time for you to open in an exchange with small amount of money first. Remember that you are just a beginner so do not expect that you can easily increase your capital in just a matter of time so start with small amount of money. For me, $50-$100 is a good starting investment but it is should be depends on our risk appetite. Just put a money that you can afford to lose for those who want to start day trading.

[bitcampaign]

if you are still a beginner, the thing that you need to learn is to read charts and always monitor the progress of the coin project you are trading, if the capital should be small to try to use analysis, so you can know how your skills are while trading, the risk is always there and that too must be understood in trade, so start with small capital and study what I mentioned above

[javainn]

losing an account or trading capital can happen at any time depending on how we are performing. Many out there lose up to $ 1000 and it can come back as long as they are consistent in trading and are sure that the assets will come back

[akram143]

It is a decent amount for the beginner to trade with but for huge profits you may need huge capital, and also with small amount it is not possible to trade multiple trending coins.Well its good to make 1 to 5% everyday if you pick the right coins and in a month or two you can actually double if you are mastered in your analysis.

[naikturun]

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.

actually it doesn't matter with the capital, depending on whether you already know the market conditions or not, and know the technical analysis and fundamental techniques pay attention to the movement of the coin the news comes out, not only buy then place a stoplose and profit target if only the price goes up, without knowing the condition of the coin at that time.

[Janation]

losing an account or trading capital can happen at any time depending on how we are performing. Many out there lose up to $ 1000 and it can come back as long as they are consistent in trading and are sure that the assets will come back

Despite your performance, losing is inevitable.

No one can perfectly predict what will happen or what will be the movement of the prices and that is why in this market, losing is normal, this still takes a risk. That is why we have ways to minimize those risks in order to increase the possibility or our chance to get a good profit in time. Even with a small start, as long as you know what you are doing, is is doable.

[KnightElite]

losing an account or trading capital can happen at any time depending on how we are performing. Many out there lose up to $ 1000 and it can come back as long as they are consistent in trading and are sure that the assets will come back

Despite your performance, losing is inevitable.

No one can perfectly predict what will happen or what will be the movement of the prices and that is why in this market, losing is normal, this still takes a risk. That is why we have ways to minimize those risks in order to increase the possibility or our chance to get a good profit in time. Even with a small start, as long as you know what you are doing, is is doable.

Losing is inevitable but we can lessen the losses that we may incur if we are prepared enough. How do we say that we are fully prepared? By knowing all of the information especially when it comes to technical analysis part. Allocation and starting money is important to determine first, I recommend to start small because in that way; a trader should focus first on gaining experience and knowledge than gaining money. If you will start $100, make sure that do not all in it in just 1 token. What I mean is you should diversify it, the ideal is 25% every coin that you wanted to trade.

[Inkdatar]

if you are still a beginner, the thing that you need to learn is to read charts and always monitor the progress of the coin project you are trading, if the capital should be small to try to use analysis, so you can know how your skills are while trading, the risk is always there and that too must be understood in trade, so start with small capital and study what I mentioned above

This is the important thing as a beginner to learn first prior to start trading. Analyze first the market and understand how trading works. Well most agreed start for small funds to minimize the risks. Because once a beginner will start big without knowing anything and about the project of a certain coin that you will invest you will suffer loss. Above all study and analyze the market as this has a vital role in trading and also invest in what we can afford only since this is a risks thing to do.

[Salauddin1994]

How you handle trades will usually depend on the individual trading is easy to make a profit no matter how little capital you have if you have good experience in trade. 100% good for starting day trading but the exact state of the market is very difficult. Due to the rise and fall of the market can not be accurately predicted. If the price goes down there is a lot of loss. It is easy to make a profit by following the trading signals of the market and which currency is going up.

[Rakib395253]

For me ,i think staring amount doesn't matter main think to remember is risk management,

Example: i have 1000$ in portfolio but i don't know anything about risk management then i will sufur in many positions in trading..panic selling is one of then.
But if i have better know about risk management then i will not that much suffer like 1000$.
So i think starting amount doesn't matter..

Be always learned before trade
Be always manage risk before trade
Be always dicide entry and exit point before trade
Then your portfolio 100-1000$ taking no time💪

[Toracee]

It is not about the money you have in your trading account, but about the knowledge you have about trading that makes you excel in trade. Take time out to learn more skill. The reason why most of us lose in trading is our human errors. Once learn to avoid those error you will fly.

[OgNasty]

Losing $100 daytrading seems like a decent financial lesson.  So long as you learn the lesson.