Post
Topic
Board Trading Discussion
Re: How much capital to you day trade with?
by
pugman
on 14/11/2017, 08:49:35 UTC
What sum of money do YOU day trade with? and how much profit do you expect to earn?

It would be interesting to know how much gains (if any), different traders make on a daily or weekly basis and what sort of capital they invest to try and profit.

Looking at many of of the exchanges, you see many alt coins going up by two digit gains so I would assume capital investment of between £1/5k on some of the ascending coins would bring back a decent return?
It depends on which altcoin I trade with. Usually it goes from 500-1000$,because the return is usually higher if the initial capital is high, but the losses can also be high at the same time, so circumstances need to be critically analyzed and then the appropriate investment should be made.
Usually, gains are caused by the pump mechanism of the whales but then if one invests at the time it's getting dumped then that'd be real bad luck.