Questions tagged [day trading]

KatanaSharpness Sat Sep 28 2024 | 5 answers 1087

Could you please elaborate on the concept of day trading buying power on Etrade? Specifically, how does it differ from regular trading power, and what factors influence its calculation? Additionally, are there any limitations or restrictions that traders should be aware of when utilizing day trading buying power on Etrade?

HanbokGlamourQueen Fri Sep 27 2024 | 6 answers 1264

Can you tell me, what exactly constitutes a 'good profit' when it comes to day trading? Is it a fixed percentage, or does it vary depending on the size of the trade, the asset being traded, or the overall market conditions? I'm trying to set realistic expectations for myself as a day trader, and I'm curious to know what other traders consider to be a successful day of trading.

SsamziegangSerenade Wed Sep 25 2024 | 5 answers 1190

I'm curious, why is there a $25,000 minimum for day trading? It seems like a steep requirement, especially for those just starting out in the world of cryptocurrency and finance. Could you elaborate on the reasons behind this minimum and how it affects traders and investors? Is there a way to bypass this requirement for those who don't have the necessary funds? I'd appreciate any insight you can provide on this topic.

Lucia Tue Sep 24 2024 | 6 answers 1084

I'm curious to know, for someone interested in starting out in day trading with cryptocurrency, would $10,000 be considered a sufficient amount to get started? Would this allow for enough flexibility and room for growth, or would it be more of a limiting factor? Also, are there any specific strategies or considerations that a beginner should keep in mind when managing a trading account of this size?

Claudio Mon Sep 23 2024 | 0 answers 0

So, you're interested in day trading cryptocurrencies and wondering which one to start with? Well, let me ask you a few questions to help narrow down the answer. Are you looking for a low-risk, stable coin to get your feet wet? Or are you willing to take on more risk in search of higher potential rewards? Do you have a preference for coins with a proven track record, or are you open to newer, more volatile options? And finally, do you have a specific strategy in mind, or are you still exploring different approaches? With those considerations in mind, we can discuss some of the top options for crypto day trading and help you decide which might be the best fit for you.