How Much Money Do You Need To Start Trading?

  Рет қаралды 266,480

Umar Ashraf

Umar Ashraf

Күн бұрын

Пікірлер: 178
@eliekambale1746
@eliekambale1746 Жыл бұрын
Mentality and specialty discipline is the key
@xHalalBoi
@xHalalBoi Жыл бұрын
Mental and emotional
@chenmatt4467
@chenmatt4467 Жыл бұрын
If you are profitable, no amount of capital is too small to start. If you are not profitable, no amounts will be enough.
@xHalalBoi
@xHalalBoi Жыл бұрын
I started with $100 took that $100 to $1000 in 2 weeks. I was so proud and still am about it.
@GrizzlyAdams101
@GrizzlyAdams101 Жыл бұрын
Well done broski.
@taha7360
@taha7360 Жыл бұрын
Brother I am in a very hard situation could you plz talk with me I am imposed with a tax of 300 dollars from the government and I just want 30 dollars and after the tax is paid my profit money will be leased and I'll pay you your money plz brother help me I promise you on Allah I'll pay you back🙏
@bitethebook249
@bitethebook249 Жыл бұрын
​@@taha7360 😂😂😂
@xHalalBoi
@xHalalBoi Жыл бұрын
@@GrizzlyAdams101 thank you man 💪🏽
@xHalalBoi
@xHalalBoi Жыл бұрын
@@taha7360 you just want $30?
@johnvagues7524
@johnvagues7524 Жыл бұрын
I started paper trading first. I went live when I hit 5 million paper trading. I started a live account with $25 weekly(training account) on mt4. I didn't put more $ in until I made $1000 without over leveraging. I blew my trading account a few times and it was a long journey, but I'm glad I took it. I passed the 1k mark and other pdt 25k mark. I'm currently working on my first 100k mark
@dn822
@dn822 Жыл бұрын
My paper trading account is on 25 billion now started with 100 000. I'm sure papertrading is there to make people think they can trade
@johnvagues7524
@johnvagues7524 Жыл бұрын
@D N Did it translate live? For me, it did, and it still does. I'm almost at my first 100k (91k so far), but I still paper trade and journal every trade I'm unsure about. Long as it translates their is no wrong answer
@MarkDanger777
@MarkDanger777 Жыл бұрын
​@@johnvagues7524it doesn't translate 100% because when the price hits the target, it automatically buys/sells it, in real life situation, you gotta have it reach your buy or sell order or pass it. Also paper trading doesn't translate to how you feel emotionally with real money. You can make 100k paper trading, but when you used real money and you lose 1k, you're gonna get emotional about it and either makes you want to quit or make mistakes to chase that loss
@cix9420
@cix9420 11 ай бұрын
​@@dn822WHAT BRO 😂
@cix9420
@cix9420 11 ай бұрын
​@dn822 this means if you put 100k into a real acc you'd have 25 bil today lol, start trading now
@floop2935
@floop2935 8 ай бұрын
It’s about how skilled you are not how much you start with in the markets! Good advice bro!
@MilesLambos-ef1nt
@MilesLambos-ef1nt 7 ай бұрын
You need a lot of money yes ,I honestly believe you need a lot money to make a living ,on a 100K account, you won't feel like you have to trade everyday. Small accounts hinder you from success, it brings greed and fear
@NewWokeMedia
@NewWokeMedia Жыл бұрын
Realistically you can use even under $100 if you actually pay attention to the markets and know what’s going on far as profits / losses. Question is are you disciplined enough to take the profits and call it a day or take a loss and come back when the set up comes again.. You can’t just hit the market thinking your gonna get in and make money.. You gotta see what’s going on and it might not be a good day to trade.. If you aren’t disciplined you’ll just forget all that and try anyway.. That’s when you lose all your money.
@TI77e
@TI77e Жыл бұрын
I started with 200 dollars last month. I don't make big wins but i get good lessons about the psychology involved. Better train with real money imo. With paper you don't feel the real thing.
@ToulouseFan
@ToulouseFan Жыл бұрын
💯
@huanchen2312
@huanchen2312 Жыл бұрын
😊
@successchronicles778
@successchronicles778 11 ай бұрын
I Paper traded for 1 month seriously before funding my account with real money and helped me alot
@theshanneth5990
@theshanneth5990 Жыл бұрын
I'm a beginner trader. I started with $15. Still learning about trading. ❤️
@syrup2571
@syrup2571 Жыл бұрын
Not to mention if you’ve only got a few hundred bucks to trade with, if you really buckle down and get your strategy, risk management, and your mindset right you could just go get a funded account and trade with larger capital. It really doesn’t take much money to be a profitable day trader it’s just how you approach it
@gabelincoln3608
@gabelincoln3608 Жыл бұрын
U can’t beat Wall Street
@michaelcooke7103
@michaelcooke7103 Жыл бұрын
We got this cool thing now called prop firms , I trade forex so I don’t know about the prop world for futures or stocks but it really opens the door to those big checks that might not have been achievable with your own cash
@evanwalton5965
@evanwalton5965 Жыл бұрын
What's the best prop firm? Have you been able to get your pay outs? :)
@michaelcooke7103
@michaelcooke7103 Жыл бұрын
@@evanwalton5965 the best firms in my opinion are FTMO and MFF , they pay out for sure and have been around awhile. I don’t suggest taking a challenge unless you know you can pass. Research and find what’s gonna fit your style the best.
@nicholassergiacomi4823
@nicholassergiacomi4823 Жыл бұрын
My friend turned $200 into $43,000 in 3 weeks! He was going all in on every trade.. and you guessed it, he lost it all in 2 days lol
@Ndujlz
@Ndujlz 11 ай бұрын
For real!?
@mercotsingh5289
@mercotsingh5289 Жыл бұрын
I agree...its all about growing the account...
@sheldor73
@sheldor73 Жыл бұрын
Hes right. This guy is the goat!
@TheMoneyMotivator24
@TheMoneyMotivator24 9 ай бұрын
1,000 2,000 to me is a lot of money 👌🏼
@toddcournoyer5759
@toddcournoyer5759 Жыл бұрын
So true....Especially with options with about a week til exp....Don't use more than 15-20% of your account per trade n stop out any losing trades between 3-5% max of your account . Don't over trade. Little profits will add up n absorb any small losses. The cost of doing this business is losing trades. Keep em small n youll stay in the game.
@anyfoolcanknow
@anyfoolcanknow Жыл бұрын
2 words. Prop firm.
@ThanhThaoDance
@ThanhThaoDance 7 ай бұрын
😅
@TrueWealthFinancial
@TrueWealthFinancial 7 ай бұрын
Clear and concise!
@gamerpro-bq6of
@gamerpro-bq6of Жыл бұрын
Big money moves the market meaning institutions will always take your money.
@seanb677
@seanb677 7 ай бұрын
People just don't stick to their size and risk exposure reward system. It's absolutely necessary when you're brand new. Otherwise, you would rather start hedging your positions and having multiple positions open at a time.
@defeatedbyego758
@defeatedbyego758 Жыл бұрын
prop trading is a lot better than paper trading and trading with less than $500 imo
@aldopercussion642
@aldopercussion642 6 ай бұрын
Yes sure you can! But how many will fail yhe offs are against you.For example with 50k$ .you are undercapitalized in future market.
@chesterpaine3598
@chesterpaine3598 Жыл бұрын
Yep, just started for real with 200 after 6month demo, currently waiting over 12 hours now for my BUY to clear after a massive drop on AUD(USD, patience is key, if you get bored find cause your margin is empty find something else to do, all Forex will clear eventually since it's a boxed trade
@michaelcole5443
@michaelcole5443 Жыл бұрын
I am starting with 20 dollars 😂 I am trying to focus more on my strategy and patience
@astropheel3469
@astropheel3469 Жыл бұрын
lower Time frame, less volatile markets, compound interest....... Blueprint
@stallinanfallin5363
@stallinanfallin5363 Жыл бұрын
Same here bud, just went from 20 to 25 the other day😏
@astropheel3469
@astropheel3469 Жыл бұрын
@@stallinanfallin5363 when you reach 40 double your lot size
@taremwadeus3208
@taremwadeus3208 Жыл бұрын
thanks bro 👊👍
@sadamkh
@sadamkh Жыл бұрын
Assalamu alaikum ❤ love from Pakistan.
@eliekambale1746
@eliekambale1746 Жыл бұрын
Nice advice ❤
@aridermawan4731
@aridermawan4731 Жыл бұрын
tempted by a broker, i enter trading world and lost $6000 2 years ago. shock and had trauma for a month. then... i focus studied , met and seek consultant from other long time traders and practicing demo for 6 months. after that, i back again in trading with micro account ($200). trying to be consistent with my strategy and stop loss. currently gain $2800 until now. its slow progress bcause i refuse to use huge lot, but now i trade without having a heart attack again.i treat trading as a true business where it can give us stabile returns with minimize risk rather than high returns with high risk. unless, if you already a millionaire.
@chenmatt4467
@chenmatt4467 Жыл бұрын
The power of compounding
@amazonseller-yf8vv
@amazonseller-yf8vv Жыл бұрын
25K is the minimum to be a day trading on a US exchange!!! If you're saying that people can start with a few hundred dollars then you should absolutely tell them where they can do that, otherwise the infromation is very misleading!!!
@seraholomoyeba5521
@seraholomoyeba5521 Жыл бұрын
What I think is you don't really have to have much, you can start with Crupto Day trading with $10, then move to forex with the experience.. I'm a novice tho, still trying to be better
@PaulHolloway
@PaulHolloway 7 ай бұрын
Litterally started with $400, then scaled to 1k and went from there
@totallysick88able
@totallysick88able 7 ай бұрын
Today after the fed meeting I saw options contracts go from $1 to $30 in about 20 min. Imagine if you grabbed a few hundred of those
@michaelpolec7216
@michaelpolec7216 7 ай бұрын
You can take a 1000 and flip it into a million
@desmenkenlock
@desmenkenlock 9 ай бұрын
I started paper trading on a forex demo app and it started me out with $1000 and now I have 48k in just 2 days. My question is that if I was actually on the broker account would I be able to cash out and keep all of that?
@chenmatt4467
@chenmatt4467 Жыл бұрын
The path to summit exists, progress will be slow, and it only takes 1 mistake to erase years if not decades of progress. Believe in the law of mathematics. compound your gain and do not fall for fomo. Market will always exist till the end of time.
@cesarhernandez3865
@cesarhernandez3865 8 ай бұрын
fomo?
@Cryptoscobra
@Cryptoscobra Жыл бұрын
I always suggest this as it's very likely they will loose
@MussoliniG59
@MussoliniG59 Жыл бұрын
I’ve been trying to learn for about two weeks and I’m already down 150 dollars. I’ll probably start paper trading soon. I hope to one day make day trading my only income and then expand into other stuff like real estates, other businesses etc
@TheMRBIGD36
@TheMRBIGD36 Жыл бұрын
I believe if u put 1000 in after u stop blowing paper accounts n turn a 1000 paper account into 10k then im ready, thats my plan atleast, i also cant do 2-3 percent at 1000 i like 10 percent yeh ik its super risky but once u hit 10k 2-3 percent is now 10 percent of 1000
@adamsahel2701
@adamsahel2701 8 ай бұрын
Hello , Which broker do you use ? Cuz from what i see if you turn 200 to 20 k for example you won t be able to withdraw the full amount and u will get banned , like th3 casinos so which bank you re using and which brokers do you use ?Cuz i presume a smart guy like you don t put all his eggs in 1 basket !
@floop2935
@floop2935 8 ай бұрын
👏
@louismorgan8288
@louismorgan8288 Жыл бұрын
How much money do you think one needs to kick start Trading fulltime in order to live?
@pablocastillo2236
@pablocastillo2236 8 ай бұрын
Why do you show your think or swim p&l when your cost basis page is 100% more accurate. 🤔
@quran_recitation319
@quran_recitation319 Жыл бұрын
Which platform did u used ?
@dvnkfx
@dvnkfx Жыл бұрын
I started with $300
@Joesixfour
@Joesixfour Жыл бұрын
And ended w 0?
@dvnkfx
@dvnkfx Жыл бұрын
@@Joesixfour 0.01 lots at 1:100 leverage does just fine for small acc. It's all pychology. If your unable to trade 300 dollars what makes you think you'll handle 3000 or even 30000 dollars acc in drawdown?
@prabhasgamingempire8043
@prabhasgamingempire8043 Жыл бұрын
I am legend who started trading with a single dollar...
@Asfx-ni7zl4vo1samuel
@Asfx-ni7zl4vo1samuel Жыл бұрын
Nice
@blackwhite5418
@blackwhite5418 Жыл бұрын
Am I the only one who thought that can make a lot of money starting with $20
@Theiron77104
@Theiron77104 Жыл бұрын
$1,000 is a lot of money for low income people
@Moth1337
@Moth1337 Жыл бұрын
then start with $100
@huanchen2312
@huanchen2312 Жыл бұрын
You can lose a thousand in a day or two if you are new!!!
@gamingtemple5731
@gamingtemple5731 Жыл бұрын
Make a video on leverage
@Crypthief
@Crypthief Жыл бұрын
Any chance you give me any tips with a paper trade account? I set up my amount for $2k and been trading and feeling the market more and more and treating it as if it was my money, so far I’ve grew it to 6k$ in only 2 months
@ak-0151
@ak-0151 7 ай бұрын
Prop firms?
@Likvidera
@Likvidera Жыл бұрын
How about realising that $100 is a lot of money for a large portion of the pop.
@astropheel3469
@astropheel3469 Жыл бұрын
trynah flip this 5.64$
@kofioforioduro2050
@kofioforioduro2050 Жыл бұрын
100$ is a lot of money here in Ghana... how I wish someone gift me with 100$ I will be better off...
@Virgo_Darknight
@Virgo_Darknight Жыл бұрын
That's only around 1100 Cedi bro. 100$ is 8200 Ngultrum in my country yet not enough to pay a single room apartment in the capital.
@kofioforioduro2050
@kofioforioduro2050 Жыл бұрын
@@Virgo_Darknight it's not easy to come by it
@lindapassingan1286
@lindapassingan1286 Жыл бұрын
what's the best site to start,?
@mahfuzjoy2607
@mahfuzjoy2607 Жыл бұрын
Are you trade in crypto?
@upthers7661
@upthers7661 8 ай бұрын
Only problem with these comments are DAYS TRADING DOESNT EXIST TO RETAIL TRADERS
@pamelahomeyer748
@pamelahomeyer748 Жыл бұрын
80% of day Traders fail completely
@lpsminecrafter-js6ix
@lpsminecrafter-js6ix Жыл бұрын
So? There are reasons. Trading is not easy because of complicity and numerous factors. Over 20 percent of market participants has no idea about this game at all.
@mazproductions2634
@mazproductions2634 Жыл бұрын
I turned $60 into $400 scalping options within 2 weeks
@mazproductions2634
@mazproductions2634 Жыл бұрын
And that was just trading strictly spx where I’m trying to learn to master my strategies
@Ndujlz
@Ndujlz 11 ай бұрын
Congrats
@bisskittTV
@bisskittTV Жыл бұрын
but i only have 100$ in my account 😅... my risk percentage per trade is always 1% or less. max of 2RR profit only
@liam-n8098
@liam-n8098 Жыл бұрын
If you wanna quit your job a 1000 dollar account won’t cut it
@cryptozerion1097
@cryptozerion1097 Жыл бұрын
Last week I went from £8 upto £355 never took my profit and bitcoin crashed 15%. Leverage for you 😂😂😂
@cryptozerion1097
@cryptozerion1097 Жыл бұрын
That’s a 43x btw 🎉
@rayshowtv2350
@rayshowtv2350 Жыл бұрын
Is 10k enough to begin with? Please advice
@mac9166
@mac9166 Жыл бұрын
bro i started from 50 now im in 325$ . ,on mi way to 1k
@MT11504
@MT11504 8 ай бұрын
@@mac9166how is it going
@sumaiashimutuli1
@sumaiashimutuli1 Жыл бұрын
what is paper trading account reply please
@alwaysjamila
@alwaysjamila Жыл бұрын
demo
@wakkaluciscaelum1670
@wakkaluciscaelum1670 Жыл бұрын
Me with 10 bucks in my account 😅
@johirulamin7019
@johirulamin7019 Жыл бұрын
What’s Tradezella ?
@emanifestation804
@emanifestation804 Жыл бұрын
How do I cash out my paper trading account? I got sum crazy gainz
@whatapp6148
@whatapp6148 Жыл бұрын
CUz you prob trade in a platform with no commissions
@PriyankaLingthep-vn2pe
@PriyankaLingthep-vn2pe Жыл бұрын
❤❤❤❤❤🎉🎉🎉
@susanwojcicki5714
@susanwojcicki5714 Жыл бұрын
i have success but i spend it all and have dry months so it’s not income
@philip7942
@philip7942 Жыл бұрын
You need to start reinvesting your profit
@S734L7H1
@S734L7H1 Жыл бұрын
What's a legit platform to trade in UK ? Anyone
@godsword-xq1jk
@godsword-xq1jk Жыл бұрын
Trading is haram Or halal
@coolfinds3331
@coolfinds3331 Жыл бұрын
You are harambe
@ToulouseFan
@ToulouseFan Жыл бұрын
@@coolfinds3331😂😂
@Babayaga-eu3pt
@Babayaga-eu3pt Жыл бұрын
I am trading with 10 dollars 🥴 Now i have 7 daaa
@ge7581
@ge7581 Жыл бұрын
Or, if you have some balls, start risking 10% of your entire account each trade.
@johirulamin7019
@johirulamin7019 Жыл бұрын
Assalamualikum brother Umar, Do you have any plan to start teaching tread, I am willing to join. If you have any plan or service’s please let me know.
@molehansman247
@molehansman247 Жыл бұрын
bruh I currently have $17 is this enough?
@theblockcat-ain1572
@theblockcat-ain1572 Жыл бұрын
Yes. You can make 20 million.within weeks😅
@davoudakbarsadat3664
@davoudakbarsadat3664 Жыл бұрын
You would loss all your money with trading
@KCRcats
@KCRcats Жыл бұрын
Can’t day trade with under $25,000. That’s a PDT flag which locks your account from day trading until your account reaches $25,000.
@0500MUSIC
@0500MUSIC Жыл бұрын
Where did you get that bullshit from😂
@ToulouseFan
@ToulouseFan Жыл бұрын
It’s called a cash account 😅
@Tony-gh8gg
@Tony-gh8gg Жыл бұрын
That’s only the stock market bro. Theirs other markets to trade where they don’t have the same rules
@Virgo_Darknight
@Virgo_Darknight Жыл бұрын
Well not true bro..what Pattern Day Trader (PDT) does is, it limits you to only three day trades per week. But you can swing trade as many times as you want. Also you can switch to cash account to avoid PDT. (PDT applies to margin account) That's in the stock market, I don't know about other markets.
@jacintairaki1880
@jacintairaki1880 Жыл бұрын
Lie
@gratefulcobra4924
@gratefulcobra4924 9 ай бұрын
😂😂😂 I’ve made more sports betting in a few hours than this bullshit 😂😂😂😂
@Believe-mi
@Believe-mi Жыл бұрын
Can anyone teach me how to trade. (100$)
@SalmanSalman-hi7ux
@SalmanSalman-hi7ux Жыл бұрын
I HAVE MONEY BUT DONT KNOW HOW TO START SETUP
@7Darkside
@7Darkside 7 ай бұрын
1000dollars 😢 anyone who wanna help me
@StupidDamDummy
@StupidDamDummy Жыл бұрын
BRO WHAT DO YOU HAVE TO DO WHEN TRADING!… IT SEEMS LIKE IT SHOULDN’T BE THAT COMPLICATED I KNOW I CAN LEARN
@마초킹-n9o
@마초킹-n9o Жыл бұрын
👍👍
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