So you want to start day trading? You’ve invested in all the trading tools you need, and you’ve spent the time needed to learn how to analyze price movements as well as a few basic strategies that you can continue building on as you go. Maybe you’ve already spent some time trading just to get your feet wet. Great. Now there is just one more thing to figure out. How much money is needed to start day trading?
In an attempt to figure that out, we asked Jimmy who co-founded www.BullMarketz.com and this is what they had to say.
Different Budgets for Different Markets and Instruments
The first step in figuring out how much capital you need to trade is to decide which market you’re going to trade on.…Continue reading