Post
Topic
Board Trading Discussion
Re: What is good amount to start day trading is 100$ enough??
by
rose9696
on 13/04/2020, 16:55:31 UTC
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.


So the way your transactions are problematic. you should learn to manage capital and learn to accept getting rich will be a long time. I know that many people have their accounts burnt for the same reason only because they don't accept small profits. They always place orders with large amount of money while their total account is very small. Just times of strong market fluctuations can dissolve your account in a moment.
So you should start with small amounts and practice managing small amounts. You can read the 2% and 6% rules of Dr. Alexander Elder, I'm applying it and it's really great.