Cryptocurrency Q&A
Can I day trade with 100k?
Can I day trade with 100k?
emma_lewis_pilot
Wed Dec 25 2024
|
7 answers
1704
I'm considering starting day trading and I have a budget of 100k. I'm wondering if this amount is sufficient for day trading and if it's possible to make profits with this capital.
7 answers
Valentino
Fri Dec 27 2024
To determine the appropriate position size, you should calculate it based on your stop-loss.
Was this helpful?
289
49
Tommaso
Fri Dec 27 2024
Managing risk is crucial when trading with $100,001.
Was this helpful?
328
65
Elena
Fri Dec 27 2024
For instance, if you are buying a stock priced at $50 and you plan to sell if it drops to $49, your stop-loss is $1.
Was this helpful?
387
71
Martina
Fri Dec 27 2024
In this scenario, you could buy 1,000 shares to ensure that you do not exceed your $1,000 risk limit.
Was this helpful?
161
94
Ilaria
Fri Dec 27 2024
It is advisable not to risk more than $1,000 per trade, regardless of your level of confidence.
Was this helpful?
351
84
Load 5 more related questions
