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

[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.

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.

Yeah, that is why I am talking about ways to minimize the risks.

Diversifying is good and all but also beware that these market also have those projects that are just straight up scams that is why you should be really careful. But if we will be talking about those coins with high possibilities of going up, even though we never really know what will happen, you should take it. Diversifying is a good way of minimizing risk. There are a lot of IEOs right now and it is getting popular nowadays, you should check those out.

[1715038560]

1715038560

[1715038560]

1715038560

[1715038560]

1715038560

[1715038560]

1715038560

[bangkecol]

I have experience on daily trade. It is not easy to do it. We must have good money management and understand to analyze the chart.
I recommend to firstly learn about trading by practice with virtual account before trade with real money.

[leyton11]

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 depends on the speed of learning as well as the level of intelligence of each person. There are people who don't have to burn their accounts but they still make money steadily in margin trading. In addition, there are also those who have to go through many failures and a long time about 5-8 years before they can realize the truth for them to trade better. So we cannot bring out the number of burnt accounts to compare, the most important thing is you. If you continue to try and study harder, you will one day conquer it.

[South Park]

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.

100 dollars is simply an amount of money that is too small to think about diversification, in my opinion people should not start their trading or investing journey until they are completely ready, and that means having a decent amount of capital and enough knowledge to be profitable in the markets, after all the markets are going nowhere, the market of cryptocurrencies is going to exist for a very long time, and the same is true for the market of precious metals and the stock market.

I say this because becoming successful with just 100 dollars is way more difficult than it is with 1000, and people will wonder why? And that is because regardless of the amount of capital that you are using the fees are still going to be the same and a fee of one dollar is just 0.1% if you have a capital of 1000 but if you have a capital of 100 dollars then that fee is 1% of your capital which is huge.

[palle11]

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.

You have lost little friend but don't give up because of that. You keep learning and with experience you will get a better knowledge that will help your strategy. Is patients that will lead you to your success. Happy trading experience to you.

[Arkann]

I took part in the SwapZilla project and managed to earn more than 1 bitcoin, which I can only use for trading, since withdrawal will not be possible for this amount of BTC. I believe that for daily trading this amount of starting capital will be more than I could afford at the moment, but the results from day trading with such capital should be excellent.

[Arcas]

It's part of the process and learning that you will lose at some point I think you should made a strategy that will suit for yourself not every trader have the same reference we have different amounts, investments and strategies. I think a $100 is the minimum you should to day trade that's my opinion and can I ask are you just focusing on 1 coin? I think it's better if you divide them and buy different coins not just on one coin.

[Aqcizromencez]

$ 100 is enough to learn to trade but it is not easy for a beginner you will find a loss, but don't give up and continue to learn from previous experience, analysis first before buying a coin is the key.

[Tomcolor]

I can say in a very small way that how you run each business will depend entirely on your personal and how your meditative ideas will work in your experience. If you have good trading experience, you can make a good profit with little capital. Maybe the amount of your profits will be less depending on the amount of capital. But if you are in new then you should also start with a small amount of capital, So that you can bring confidence about your experience and start with good capital later on.

[azmirihaque]

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.

Losing your account more and more proves that you have a lack of knowledge about it. You should gather knowledge first before opening another trading account. If you cannot know how to handle and operate a trading account, you will loss your account again.

[yeamin.rsl]

100$ is not good enough for day trading. If you want an income from day trading, start with at least $1000, and preferably $3,000 to $5,000. This amount allows you to potentially start building a monthly income, which is what most day traders are after.The single biggest reason why most traders fail to make money while day trading is lack of knowledge,so you have to learn more and more to be a successful day trader.

[Mkmanik]

$100 is a good amount for doing trade.But I dont suggest you to do trade now. because as a newbie first try to learn how to do trade. try to learn technical analysis, fundamental analysis etc.how to read chart,how to find out support-resistance, know how to do risk management. without those experiences never try to do trade. you will loss your capital surely

I believe first learning, than earing. so first try to gain that knowledge. after that you can even start with $50. because at leverage trade you can use 100x (+)i dont reccoment to use 100x,just sharing the idea. leverage trade is also very risky,you may get liquidated soon. for newbie 4-5x leverage is fine. Risk management is very essential for every kind of trade. so my suggestion will first try to learn Technical analysis than come for trade
Good luck

[Dorodha]

$ 100 is enough to learn to trade but it is not easy for a beginner you will find a loss, but don't give up and continue to learn from previous experience, analysis first before buying a coin is the key.

You are right that if you do not analyze the market well if you do not have any knowledge about the market there will be a risk no matter how many dollars we start with. This is why you need to know the market first and move forward by trying to learn the trading rules. If traders can master the trading strategies they will easily make a profit and will be able to start with less than 100 and do more.

[mnporter2001]

I have experience on daily trade. It is not easy to do it. We must have good money management and understand to analyze the chart.
I recommend to firstly learn about trading by practice with virtual account before trade with real money.

I don't think demo trading will help the trader. because I tried trading on a demo account for 3 months and after that i was trading with a real account, as a result I still got burned. The reason behind that is that the demo account always makes us feel safe, it will make us not disciplined.
so we still need to use our real money to transact; it takes a sense of loss to find the best strategy to prevent that. That is also considered a motivation trap.

[vSliceDev]

There are no exact rules of capital used to start day trading, because everyone has different financial abilities. Most importantly used
money that we can afford to lose, to start day trading with $ 100 is not a problem. And if it happens losses when day trading like you
experience it is normal that happens to all traders, even myself several times suffered losses. That will be a valuable lesson in order to
find the mistakes we make and not will repeat it again, in the end we can produce the profit we want.

[MWesterweele]

I can say in a very small way that how you run each business will depend entirely on your personal and how your meditative ideas will work in your experience. If you have good trading experience, you can make a good profit with little capital. Maybe the amount of your profits will be less depending on the amount of capital. But if you are in new then you should also start with a small amount of capital, So that you can bring confidence about your experience and start with good capital later on.

A 100$ for me will be enough to start here in crypto but in term of investment A start for an investment but a 100$ for a trading i dont think it will be enough. Well if you are already a knowledgeable trader and know how to play the market well i guess you can make the most out of 100$ but if your a newbie in trading i'm afraid that you only risking the amount you have. A 100$ is a small amount but does your 100$ can already buy a food to fed you right. Just think about it.

[Gozie51]

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

Learning a lesson is to put your emotion on check. This is difficult to do and that is the big problem traders can have from what I have read. It is risky when you see an order that appears good for profit but you have taken a wrong one.

[peterpanda]

$100 is not a little amount but in my opinion, you can star with at least $300 because you will have to pay fees in different sectors. Trading fees, withdrawal fees, deposit fees and so on. So try to enter with at least $300.

[Anyobsss]

I have experience on daily trade. It is not easy to do it. We must have good money management and understand to analyze the chart.
I recommend to firstly learn about trading by practice with virtual account before trade with real money.

I don't think demo trading will help the trader. because I tried trading on a demo account for 3 months and after that i was trading with a real account, as a result I still got burned. The reason behind that is that the demo account always makes us feel safe, it will make us not disciplined.
so we still need to use our real money to transact; it takes a sense of loss to find the best strategy to prevent that. That is also considered a motivation trap.

Demo trading is just there to guide you before you enter real trading. Yes, it make you feel safe and undisciplined since you're not using you own money but it is still effective to gain confidence, experience and to be more comfortable in executing trades. If you're feeling that demo trading isn't helping you to be discipline, maybe you should try considering the demo money as your real money.

[rhodelmabanal]

I think 100$ is enough to start trading, because if you are a newbie in trading you dont need to start in a big amount,  you are still in the learning stage and using big amount to start trading is a quite risky than using small amount because at first you maybe cant do trading perfectly in short you are prone to lossing of funds you need to be careful and learn trading in a slow way and used an amount that you can afford to loss.