Topic: Does it pay off to trade small amounts ? (Read 91 times)
Depends. If you make like 5% profit per trade then sure. You can definitely profit off $5 trades only if you frequently do the right trades. Which if you're a beginner, it's very unlikely for that to happen unless you're really lucky. Just try it out though, if you're new, definitely go with small amounts like $5.
Hey guys
Just a quick question.
When you daytrade ... does it pay off to trade with small amounts ? I´m talking about under 5$ trades.
I´m using Binance and I do have BNB coins and therefor the fee is 0.05% of the trade.
I´m just wandering because I´m trading for such a small amount and if the fees actually will just eat up my gains ... ?
Thanks
Just a quick question.
When you daytrade ... does it pay off to trade with small amounts ? I´m talking about under 5$ trades.
I´m using Binance and I do have BNB coins and therefor the fee is 0.05% of the trade.
I´m just wandering because I´m trading for such a small amount and if the fees actually will just eat up my gains ... ?
Thanks
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