Post
Topic
Board Trading Discussion
Re: How much capital to you day trade with?
by
Casdinyard
on 24/11/2017, 03:16:34 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?

I like to put 0.5 Bitcoin in the trading account but I have most of that in orders that aren’t executed each day. So most of it is not actually used every day for trades but it is available for trading when the price is right for each particular coin I am trading. I basically wait for the right time to trade but I have orders in for my target prices on most cryptocurrencies I deal with.

I feel you. Like you're doing day trade but end up swing trade. Grin
Can't blame for the orders that sometimes there are much cheaper or much higher bid than you that's why I'm thinking now to move to swing trading as mostly of the whales are also into swing trading and I want to ride their pumps.
When I'm doing day trade I always start with 0.006btc and I close my day with at least 0.009 and it's not a bad day after all.