any amount that you can afford to lose,because this market is not bringing you assured profit so best to aware of that.
We can start at any time and no one know if in this trading you will get profit or lose so its much better to invest your small amount as with time when you will be trained and experienced you will be able to invest large amount but yet better take small risk 100 dollar is good amount in case of any unfortunate you will not be sad about the lose. 
Topic: What is good amount to start day trading is 100$ enough?? - page 8. (Read 2797 times)
Start trading with $100 is not worthy amount to make good profit but for beginners this is decent amount to start day trading but it's necessary for them to understand the basics of trading with the help of demo trading so they will have an idea about how to use $100 in real trading with responsible steps.
any amount that you can afford to lose,because this market is not bringing you assured profit so best to aware of that.
You need to learn about trade well before you start trading If you trade without knowing it, you will face loss I think a good amount is 100% enough to start day trading because newcomers make mistakes most of the time so it is better to start with a small amount first. Gradually increase the amount of trade It is also possible to make a profit if you analyze the market well and follow the trading signals However, in the case of newcomers it is foolish to start with a large amount first Able to lose everything in the face of loss.
How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
well it is hard for beginners to earn money in trading. 100$ is high for me to start to trade. You better decrease it, just practice with a small amount like 30$ until you learn how to make profit then you can start with big amount. Just don't give up you will succeed.I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
Thank you very much friend,
i will learn more and practice with small account before going for big account.
For a person confident enough in their trading skills even starting with $50 would be enough since the matter about gaining profit is knowing when to buy and or sell. These are pointers that would often determine your moves as a trader, but of course, it takes a long time and a lot of experience to develop an eye for these trends as these are not always obvious, or even if they seem obvious they might not be necessarily real. So knowing your game, is all what trading is about which unfortunately comes on the back of having lost a lot while learning.
exactly. I myself don't think there's anything like good amount because there's no standard . The choice depends on your pocket. Fact remains that huge money attracts huge profits but so is the loss too. So the most important thing is your technical know how and I will actually prefer to start small and grow into something big as my experience increases
Thanks i will take your good suggestions and learn more about trading.
It's not enough to make some money but on the other hand if you are new then it's enough for start to feel the market and also not to lose too much.
Don't forget the first rule of any trading, don't invest more than you can afford to lose.
And think twice about day trading, it's very demanding and risky and it's not for everyone. Don't be carried out with the promise of big profit because maybe you can't take the risk of day trading.
Don't forget the first rule of any trading, don't invest more than you can afford to lose.
And think twice about day trading, it's very demanding and risky and it's not for everyone. Don't be carried out with the promise of big profit because maybe you can't take the risk of day trading.
I wonder hoe much money have you loosed before get succeed in trades? Imo, $100 is to much for daily trading. You should take as much money as you are ready to loose, then you won't leave the idea of further learning for the next day.
But I guess this depends on how he is using that $100.
Maybe he is not investing that $100 into one, maybe he is doing it with other cryptocurrencies as well making that $100 being invested into 3 or 4 cryptocurrencies, right? I guess you could do that but I agree that as long as you can afford to lose this money. OP said he already lost $100 and $400 so that also means he can afford it.
I wonder hoe much money have you loosed before get succeed in trades? Imo, $100 is to much for daily trading. You should take as much money as you are ready to loose, then you won't leave the idea of further learning for the next day.
How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
well it is hard for beginners to earn money in trading. 100$ is high for me to start to trade. You better decrease it, just practice with a small amount like 30$ until you learn how to make profit then you can start with big amount. Just don't give up you will succeed.I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
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.
well it is hard for beginners to earn money in trading. 100$ is high for me to start to trade. You better decrease it, just practice with a small amount like 30$ until you learn how to make profit then you can start with big amount. Just don't give up you will succeed. I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
For a person confident enough in their trading skills even starting with $50 would be enough since the matter about gaining profit is knowing when to buy and or sell. These are pointers that would often determine your moves as a trader, but of course, it takes a long time and a lot of experience to develop an eye for these trends as these are not always obvious, or even if they seem obvious they might not be necessarily real. So knowing your game, is all what trading is about which unfortunately comes on the back of having lost a lot while learning.
exactly. I myself don't think there's anything like good amount because there's no standard . The choice depends on your pocket. Fact remains that huge money attracts huge profits but so is the loss too. So the most important thing is your technical know how and I will actually prefer to start small and grow into something big as my experience increases
For a person confident enough in their trading skills even starting with $50 would be enough since the matter about gaining profit is knowing when to buy and or sell. These are pointers that would often determine your moves as a trader, but of course, it takes a long time and a lot of experience to develop an eye for these trends as these are not always obvious, or even if they seem obvious they might not be necessarily real. So knowing your game, is all what trading is about which unfortunately comes on the back of having lost a lot while learning.
How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
You should probably only trade with minimum amount if you are in a loosing streak. Try making a tight money management and only risk not more than 5% of your actual capital on each trade. Also there should be stoploss for each of your trade which might vary from 1% to 3% of your actual 5% risking on one trade.I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
Also, try trailing stop loss as it would minimize your loss and most of your trades would be with zero risk.
Frankly speaking, I risk not more than $6 on one trade. Now, you are willing to invest $20 only at the initial stage which is really appreciated as what I usually see is most of the people pour thousands of dollars in trading without actually having the skills. They might not even know how the chart works.
You can even earn 100% daily for a smaller sum of $20 it you choose proper leverage & appropriate risk & money management.
Even I've lost a huge sum. (It might not be huge for most but for me it was the biggest loss I ever faced in my lifetime). But it taught me a lot of things which made me earn a decent amount if practised with a tight risk management.
I'll honestly suggest you to educate yourself first and than find a way to enter trading. Trading would give you ample of profits but never forget where there are huge profits also comes huge loss. Your profit is someone's loss & vice versa.
I think you need to take a break and learn more about trading, you really need to or also find someone who can teach and direct you if possible. Most importantly, just like many have pointed out, you also need to manage your risks well as a beginner you are. Lastly, about the amount that is suitable for day trading, it depends on what you can afford and be okay with it, because just as you have noticed there are risks associated with trading but even at that, there are people who are still making profits.
How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
You should probably only trade with minimum amount if you are in a loosing streak. Try making a tight money management and only risk not more than 5% of your actual capital on each trade. Also there should be stoploss for each of your trade which might vary from 1% to 3% of your actual 5% risking on one trade.I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
Also, try trailing stop loss as it would minimize your loss and most of your trades would be with zero risk.
You can continue to lose indefinitely if you don't stop and acquire the prerequisite knowledge. You need to follow and study those who are doing well in this field, what are they doing special, you can also learn from your own mistakes while you always lose the whole capital, does it have anything to do with greediness or lack of knowledge? If you determined to succeed, you remain focus until you get it right
How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
You should probably only trade with minimum amount if you are in a loosing streak. Try making a tight money management and only risk not more than 5% of your actual capital on each trade. Also there should be stoploss for each of your trade which might vary from 1% to 3% of your actual 5% risking on one trade.I have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
Also, try trailing stop loss as it would minimize your loss and most of your trades would be with zero risk.
I would recommend you to start with less than $100 . Cryptocurrencies is a high risk industry and you can lose your money very fast. Even if you will make a small profit with less than $100 you better stay safe.
I think with 100$ capital to start trading is a standard nominal if have enough money, what I mean is to use the remaining money to add income by trading. Even with small capital, all of them still have a big risk, so before start, understand the risks that occur later because crypto is difficult to predict. 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 have lost 5 times some small accounts (less than 100$)
And one little big account (400$) in trading.
Day trading is extremely risky, from what you wrote, i doubt you know what it is.
Now I understand after loosing that much😅
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