How much money should you have to start day trading
If you start conservatively and use sensible money management, you do not need a large amount of money to trade Forex. It is possible to start trading with only a few hundred Euros, provided your trading sizes are small. If you are willing to put in the preparatory leg work, you should be able to discover a trading approach that works for you. With money that will allow you to gain profits and cover fees. I had perfect example of my friend, who entered crypto with 1300$ and now he has (according to yesterday's worth a bit above $310.000 in 3 months). Yes, it was: EMC2 0.05$ to 1.30$ = if you do day trading 2 times a week, you can start with an amount less than 25,000. 25,000 is the minimum to avoid a day trading pattern. A day trade is when you open and close a position on the same day. Any amount less than 25,000 will only enable you to have 3 day trades in a week.