How Much Money Do You Need to Start Day Trading?

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In this video, I cover how much you need to day trade and what money you should trade with, Enjoy! 🙂

I use TradeZella to track and journal my trades.
https://bit.ly/TradeZella-TradingJournal

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– Instagram: https://www.instagram.com/umarashraf/
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Chapters:
0:00 – Intro
0:06 – What Money Should You Trade With?
0:53 – How Much Do You Need to Day Trade?
1:10 – PDT Rule
1:57 – Trading Options
2:44 – Crypto, Forex & CFDs
3:15 – What to Focus On
3:48 – The Money You Should Trade With

#daytrading #daytrader #trading

How Much Money Do You Need to Start Day Trading?

DISCLAIMER I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.

Original Source

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44 Comments

  1. Dude, I'm going to start trading again after a few years with $200. From the bottom up. I'm from South Africa and money is really hard to come by hence the small account size, plus I'm unemployed lol. $10 000 is my target and that would change my life. Hopefully one day I'll be making millions like you 🙂

  2. Salam Achraf, you are right on the spot. My experience with trading was tough and lot of work. I was gambling at the beginning following others. Then I took four different online classes which they don’t teach what really happening in the market. After loosing lot of money, I took a break and started studying charts. Now I am getting better everyday understanding price action. I always reset my account to $200 or $500. Well done, good advices.
    Salam Brother

  3. The real answer is 28k. 3k buffer to fall below PDT. And if you aren't already profitable and have that type of disposable income do it on the side and see if it is.

  4. My 2 cents, trade on demo until you have a solid two months of consistent profits logged, ideally 10% profit per month logged.
    This is a good sign that you might be ready for a real account.

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