What is good amount to start day trading is 100$ enough?? - page 10.

Negotiation

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Quote from: arthurbarajas on April 19, 2020, 10:06:23 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.

I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.

$ 100 is more than enough to start trading, it is true that the greater the money used to trade the more profit that can be obtained, but with large capital also has a great risk of loss too

The higher the capital, the greater the loss Therefore the amount of capital has to be reduced while doing business Gradually increase the amount of capital You're right 100% is good enough to start day trading. If you make a profit you will be able to triple your capital from now on Before that you have to learn about business If you can't trade you can't reduce the loss by starting at 1000 You have to learn to analyze the market well first.

Bvvvp009

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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.

All exchange has minimum transaction amount, if you overcome this amount than you can trade. Minimum transaction amount is below 1 USD in all exchange. Start to trade means you are ready to learn market situation. If you have 100 USD, invest in 10 altcoins. For very low investment, don't take any top coin.
Before start trading I lose several times and last year my big losses was almost 500 USD.

Thanks for sharing your information,it gave me boost for further gaining of knowledge about trading.

ice18

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$100 is enough but the profit is not as big enough some traders I can see starting from atleast $1k and then reinvest all profits to make it more profits in the next trades but its not always a success if you are a beginner just be very careful and study then practice before trying putting your all hard earned money remember failing is always part of the process be patient.

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maybe you just made a wrong strategy. after all, you've done enough experiments but haven't gotten any profit yet. I suggest making the right decision. this is the risk of trading. it doesn't matter which number you start with, as long as you have a good strategy, you can develop the asset.

Sadlife

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Quote from: Coyster on April 12, 2020, 08:10:54 AM

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.

You can possibly even lose every single time and never earn. If you are a beginner, losing so much can mean you should take a break and learn more, that is probably what's needed for you to start earning, it's a winning strategy that is proven to work.
And to answer your question in the OP, "invest only what you can afford to lose".

That is indeed correct no matter how much money you put in exchanges if you lack knowledge in entering a position then your risk management strategy would still be useless. Go and learn and try virtual trading once you master those different techniques to trade, you can now trade and see significant changes and can make profit instead of losing.

Janation

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Big or small, I think it doesn't matter.

The thing here is that you are risking your money into investing in one of the most volatile cryptocurrency so you should really expect to lose, that is the same with the money you are using. Losing here is inevitable so I think you should be knowledgeable about the thing you put your money in. You should be able to lessen the risk you are taking in, as people usually said it to me.

Genemind

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You could actually begin with a lower amount than $100 as a good start. To be honest, what you really need is the strategy on how to deal with the market situation. No matter how big your capital is, if you're not smart enough to do trading, you'll still lose your funds. Knowledge and skills in trading are the best capital that you could have to begin with trading.

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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.

More than 5 times if you continue to trade without the right knowledge. It doesn’t matter how much is the amount of your capital as long as you know how to trade then you can make money. If you are losing 5 times in a row then better to reset yourself and think if you can really handle the risk of trading, rate yourself in trading and if you think you’re not that good, keep learning.

MCobian

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To start day trading can be with a capital of $ 100. That's a pretty big capital, actually to make profit in the day trading the most important
thing is not capital. But our ability to choose coins and read the market. It's useless to have big capital but don't have it the ability to choose
good coins and can't read price movements in the market. If you don't have it, you will continue incur losses when trading.

Twentyonepaylots

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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.

All exchange has minimum transaction amount, if you overcome this amount than you can trade. Minimum transaction amount is below 1 USD in all exchange. Start to trade means you are ready to learn market situation. If you have 100 USD, invest in 10 altcoins. For very low investment, don't take any top coin.
Before start trading I lose several times and last year my big losses was almost 500 USD.

$100 is huge enough for me to start trading, exchanges has a lower minimum limit than that so it means you can deposit it to any exchange anytime. If you are going to day trade, make sure that you already decided to lose that $100 in just a matter of an hour or a day especially when you are trading future contracts there is a possibility that you could lose that amount in just an hour. I advice to follow some guides in trading , any type of trading you want. You can find it most in youtube so you'll have visuals to follow through.

carter34

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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.

There is no amount of time to lose your accounts before you get up. Many achievers today made many mistakes and trier both in governance, economics, technology etc.
My point is passion. If you have passion you will continue until you success because success is around in difficult time.

As for amount of account, the difference is just management of the account in risk taking.

btcholder

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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.

There are no specific number for that. And there is no such a thing that you lose 5 times your capital and then you are ready for real trading. What are you doing last 5 times then Huh

You'll always lose your money if you don't start to learn from your previous mistakes. And according to your statement why you choose day trade for first learner. Shocked

It's quite risky for newbie traders. I will recommend you to start as a swing trader or long term trader. And there is no limitation for starting crypto trade which is the best thing in this platform.

tippytoes

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Quote from: lixer on April 20, 2020, 03:41:25 PM

The topic here shouldn't be about how much you can invest into bitcoin to start trading, but the fact that dude basically lost close to a thousand dollars and still wants to invest, maybe we should focus on why you lost to begin with and not how much you should start to reinvest.

First of all I have never seen someone who lost all their money in bitcoin, I have seen people who lost a lot, hell I have seen people who bought at 20k and sold at 5k losing almost third quarters of their investment, yet never seen anyone who have lost all of their money. On top of that I also never really seen anyone who got back up and get in this many times when it is obvious that whatever they are doing doesn't really work. I would say forget about the amount but focus on what you are doing that makes you lose money.

This should be the one he is contemplating with not the amount. If he knows the reason why he is losing, at least the next time around, he will change his strategies and maybe change the course also of his trading results. Whatever amount he will put, he will lose it all if he will not get the root cause of why he is always losing. There is no such thing as good amount in trading, whatever amount you can afford is already good. Because in crypto trading, invest what you can afford to lose because of the high risk involved.

Hypnosis00

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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.

That is enough for you to use in learning how to trade and familiarizing strategy. But if you actually aiming for gaining more profits, that is really small and you can't expect that to grow either. Make it x10 (that is $1000), I believe you are making it different and you can fulfill your trading life as you want to be.

more capital = more possible gain

But of higher risk by then. Think wisely and please don't fall into too much excitement because that makes you fail.

Oceat

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Quote from: lixer on April 20, 2020, 03:41:25 PM

The topic here shouldn't be about how much you can invest into bitcoin to start trading, but the fact that dude basically lost close to a thousand dollars and still wants to invest, maybe we should focus on why you lost to begin with and not how much you should start to reinvest.

First of all I have never seen someone who lost all their money in bitcoin, I have seen people who lost a lot, hell I have seen people who bought at 20k and sold at 5k losing almost third quarters of their investment, yet never seen anyone who have lost all of their money. On top of that I also never really seen anyone who got back up and get in this many times when it is obvious that whatever they are doing doesn't really work. I would say forget about the amount but focus on what you are doing that makes you lose money.

One of the possible reason that I can think of is maybe OP is too impatient when trading. This is the usual concept of most traders who got lost so easily even if you say they have done this a lot already before. Whatever you may advice to someone that is good for them doesn't matter if they don't have a self discipline to completely control their emotions instead of going all out just because you can't wait the next turn. This is just my two cents for those who doesn't have a self control.

lixer

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The topic here shouldn't be about how much you can invest into bitcoin to start trading, but the fact that dude basically lost close to a thousand dollars and still wants to invest, maybe we should focus on why you lost to begin with and not how much you should start to reinvest.

First of all I have never seen someone who lost all their money in bitcoin, I have seen people who lost a lot, hell I have seen people who bought at 20k and sold at 5k losing almost third quarters of their investment, yet never seen anyone who have lost all of their money. On top of that I also never really seen anyone who got back up and get in this many times when it is obvious that whatever they are doing doesn't really work. I would say forget about the amount but focus on what you are doing that makes you lose money.

arthurbarajas

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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 more than enough to start trading, it is true that the greater the money used to trade the more profit that can be obtained, but with large capital also has a great risk of loss too

SacriFries11

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Quote from: DeadCoin on April 19, 2020, 01:14:27 AM

To start day trading with a hundred dollars is not bad nor good enough at all. With a hundred dollars as start day trading may give you a smaller profit but losing it in trading the hurt may not be so painful for you. Tough, trading is a risk to take but when you succeed then congratulations to you. Strategic plans are the most important investment when you decide to go in the business like this.

Yeah,. everything counts even it's small and it's about how you will start in trading. If he lose it's okay but he should learned for that experience and everything is always about winning sometimes it's about losing with learning. Some traders start with fundamental analysis to determine the market situation in specific coin then support with technical analysis to be exact when this they entry and exit points.

pixie85

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OP if you lost 100 many times than you're doing something wrong. It's not about the money that you're investing but the way you're doing it.
You're probably overleveraging your trades and losing everything.

Keep on trading small amounts of money until you can make a profit.

Don't jump to big investments like 10 thousand dollars and more until you learn to trade and make 200 out of your 100.

FlamingFingers

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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.

There are some things you need to know before you trade, you don't just jump into trading, perhaps in any business in life you've got to understand the concept firstly, and I hope you are not trading on leverage bitcoin and some other altcoins, and most importantly don't follow lots of telegram signal groups, majority of them are scam with calls that they cannot trade, learn TA and FA, then you are one step ahead of not loosing your funds

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