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

Sinjokubhi

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Sinjokubhi

Quote from: Bvvvp009 on April 12, 2020, 07:33:49 AM

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.

I think that $ 100 is more than enough for day trading.

And about how much you lose your account, that's a risk you have to accept. Receiving is not only surrendering to what you have got but, starting again to improve your trading skills. From your experience of losing a sizable amount of accounts, I think you are able to understand what you are missing. Learn what went wrong when you experienced these losses, don't be afraid to start again, because you lose when we don't try again. As we continue to want to learn from our past experiences, I believe you will be able to find a bright spot to solve a problem that is currently happening, such as you losing your accounts.

Because we all must have experienced these times. The more stable you will be in trading the more you learn from the experience you get. Because, if you experience a problem that is almost exactly the same, you will already know how to solve it and it is possible that the experience you got before can solve new problems that will come.

touseefahmad1999

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Bro I start the trading with the amount of 500$ and made 2000$ . I will suggest you you can start with the minimum 100$ it's for better choice for you . Mostly newbies put money in shit coins and loose money in every time so mate you can start with minimum amount as you can affordable and buy those coins whose have good potential for future and learn first before to invest amount in crypto so you can never loose money in this field

JooBra

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Quote from: ilovealtcoins on April 03, 2021, 10:34:16 AM

I usually start trading with minimal amounts. $ 100 is a good start and to turn $ 100 into a larger amount requires a high discipline in trading. If you love the derivatives market then $ 100 is more than enough to get started. I have tried starting a few times with 100 $ and usually end up adding money to the account. Doing a few times like that, I learned my lesson.
For Spot trading, choose cryptocurrencies with small and low-cap exchanges because you can more easily double your account than investing in large-cap altcoins. Patiently waiting for the opportunity to bring you good returns and comfort.

For spot trading with 100$ you can be in profit easy in bull market. Now it won't be much money tho... Leverage trading is more risky but profitable a lot are You need a good understanding of trading.

ilovealtcoins

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I usually start trading with minimal amounts. $ 100 is a good start and to turn $ 100 into a larger amount requires a high discipline in trading. If you love the derivatives market then $ 100 is more than enough to get started. I have tried starting a few times with 100 $ and usually end up adding money to the account. Doing a few times like that, I learned my lesson.
For Spot trading, choose cryptocurrencies with small and low-cap exchanges because you can more easily double your account than investing in large-cap altcoins. Patiently waiting for the opportunity to bring you good returns and comfort.

StartupAnalyst

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If to invest in some risky projects, play in margin trading or won’t be enough patient to wait till the growth of the coin even 1 000 dollars won’t be enough. In fact you could have invested those 900 dollars you’ve lost in Ethereum or in BTC during the correction just to hodl them and to be in pluses now. But it’s nothing to regret. You’ve got an experience and won’t again make such mistakes. Maybe trading shorts is not yours, try long-time trading in BTC, this is the simplest way to get profit.

Mahanton

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Quote from: btc-facebook on March 30, 2021, 06:44:01 PM

Quote from: Bvvvp009 on April 12, 2020, 07:33:49 AM

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

Depending on the type of trading you are doing, trading in futures? option? or spot? futures and spots are very risky and I do not recommend trading there,
spot is a bit risky but requires patience, because to seek profit on the spot depends on increasing prices.
Normally trading on a spot loss of 5 to 10 times is reasonable, as long as you use the right trading management, the ideal presentation is that if you lose 5 times, then you should have made a profit of at least 20 to 25 times.

For $100 amount of capital then scalping would be the best idea but this type of trading isnt for everyone because this isnt something simply on dealing with moving unpredictable prices actively.

btc-facebook

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Quote from: Bvvvp009 on April 12, 2020, 07:33:49 AM

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

Depending on the type of trading you are doing, trading in futures? option? or spot? futures and spots are very risky and I do not recommend trading there,
spot is a bit risky but requires patience, because to seek profit on the spot depends on increasing prices.
Normally trading on a spot loss of 5 to 10 times is reasonable, as long as you use the right trading management, the ideal presentation is that if you lose 5 times, then you should have made a profit of at least 20 to 25 times.

Kittygalore

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Quote from: BIN-BIN on March 30, 2021, 12:52:35 AM

Well one most not lost at first, but to avoid potential lost you need to develop a trading techniques before venturing into it to avoid making avoidable trading mistakes that often lead to loses, and the amount of capital don't really matter in lost or gain once you can properly manage the risk.

I think that the techniques might already be a given so you have to throw it out of the equation regarding this question if 100$ is enough, in my opinion considering you have the skills and you are confident with trading, I think that it will be enough but you won't get that far because you have a small amount of money and to make more you have to put in more money maybe if you don't experience any losses and you are just slowly growing it then you might be able to make more money.

BIN-BIN

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Well one most not lost at first, but to avoid potential lost you need to develop a trading techniques before venturing into it to avoid making avoidable trading mistakes that often lead to loses, and the amount of capital don't really matter in lost or gain once you can properly manage the risk.

TedMosby

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Quote from: Bvvvp009 on April 12, 2020, 07:33:49 AM

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 lost 5 times on some accounts. is it means lost to zero?
trading is not a gambling activity where your open positions depend on the probability.
unless you take trading decisions like gambling Grin

"What is good amount to start day trading is 100$ enough??"
how you define "enough"? because it's subjective.
also, it will depend on which market you will trade, spot trading/margin trading, etc.
if you are looking for a fast return with $100, margin trading could be your choice. but it's mean your chance to lose fast also high.

cheezcarls

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Before you are going to commit with that amount, always put in your mind that you should treat it as a “dead money”. It means you should only invest what you can afford to lose. When I have started copy trading with $100, I already told myself that this money is already “dead”. So even if I lose a lot, it’s okay. But if I win in copy trading, I would only take out the profits and retain the original capital. It’s all about managing your risks properly. Hope this advice helps.

trigger1975

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Quote from: Bvvvp009 on April 12, 2020, 07:33:49 AM

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.

How much risk does your trade plan allow per trade?

A rule of thumb is to risk no more than 5% of you trading capital – I myself risk maximum 1% per trade. Risking 5% per trade takes a losing streak with 20 losses in a row to blow your account. Risking more is putting your account more to the edge of losing all. I'd advise you to learn about risk management in trading.

Rengga Jati

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Quote from: Bvvvp009 on April 12, 2020, 07:33:49 AM

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

If it is future trading, I have lost more than 10x Grin

if it is spot trading, I will prefer to set cut loss if it is possible and also see the trend of the market itself.
But once forgetting to use a CL or SL, I will prefer to hold the coins until the price is getting increased (FYI, this only =for top coins or potential coins for holding, if not, better to set SL)

About what amount to lose, I am sure that everybody has their own ways and amount. But at least, just lose what you can afford, never follow the hype, and always do our own research including how much we are going to put into the coins.

2double0

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If you can manage to get whitelisted in a good project's IDO, then $100 are enough to buy those tokens and wait for its listing. I have been a part of a telegram channel where I see them giving new projects every day that were researched on by them and many of them gave tenfolds to investors who got whitelisted and bought the bottom.

Rasel5209

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Quote from: Bvvvp009 on April 12, 2020, 07:33:49 AM

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 good amount not for starting i say for learning. Also today transfer fee is high. I Don't loss my money when first i start. I think you can not choose good coin. First you need choose a coin that price regularly up and down.

IvanAlexeev

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It all depends on how much you are willing to lose and also how much profit you may want to earn. For example, I don't see it possible to make thousands of $$ if you are day-trading with $100. On the contrast, if you were planning for long term investing, lower budgets could be better. I believe that is best to begin with a few thousands. This will also allow you to use leverage without risking your account.

doctor877

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losses in trading is inevitable as it happens to every trader but a good trader wins more than he loses. 100$ is not too small to start trading, but you have to have learnt some basic trading tips and master them. no matter how much your trading capital is, you need to be experienced to make any profit. you can start with 100$ and build it up.

peterpanda

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Quote from: sniveel on March 13, 2021, 12:08:35 PM

If I am the one to start trading, 100$ is too much for me to handle if I am newbie with it. Without enough knowledge on crypro trading then there is a chance that I will lost most of it in trading. When I start knowing about cryptocurrency, I don't really have a money to start with.

Obviously it will tough for newbie to earn good profit from trading. Trading is not easy and not for all who are not familiar with crypto and trading. For a beginner, $100 is enogh for trading and by this, he/she will be able to learn trading practically.

Oilacris

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Quote from: bitcoin31 on March 14, 2021, 10:09:03 AM

Actually there is no specific amount of losing money before you earn , it will depends on how you handle the strategy and the flow of the market.

The capital of $100 is enough but not good to buy different kinds of altcoins maybe you can buy some altcoins like two or three but not more than that and the return is not big unless you buy a coin who the price is very cheap and after few months or years of holding it pump very high or many times of it's value.

Depends on your target because not all would really be having the same mindset when it comes to profit taking and not all would really be preferring on dealing with market on active manner which means
they would most likely to end up on holding rather than on making trades but those expectations or anticipations on making hundreds of thousands out of $100 investment
wont really happen.

Day trades that does have only $100 capital might do but dont expect that the amount you would able to scalp out on day to day basis wont really be that significant
not to mind or in talk about trading fees alone then it wont really be that much of worth of the time but for making
out some practice then this might do.

bitcoin31

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Actually there is no specific amount of losing money before you earn , it will depends on how you handle the strategy and the flow of the market.

The capital of $100 is enough but not good to buy different kinds of altcoins maybe you can buy some altcoins like two or three but not more than that and the return is not big unless you buy a coin who the price is very cheap and after few months or years of holding it pump very high or many times of it's value.

Topic: What is good amount to start day trading is 100$ enough?? (Read 2831 times)