Here is a link to a margin calculator.
https://ba928eab26d449cf9a75642ae5b9940d.elf.site/Set the price to 116000 and the margin to 500:1. I buy what I call 'weeny packs'. Groups of 0.01 volume, usually in 3-6. If you set the volume to 1.0 then a whole coin will cost $230, at 0.01 then 1/100 coin costs $2. With 0.01 for every $100 the coin goes up, I make CA$1.37. To make $100/day I just need 100/1.37 = ~73. 73x 0.01 to move up $100 each. If it goes up $1000 then I only need 7.3 x 0.01. $14.60 out of my $20,000 balance.
To make $1,000/day I would only need $146.00.