How Much Money Do You Need To Start Day Trading?

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  • Опубликовано: 21 сен 2024

Комментарии • 234

  • @currencychris416
    @currencychris416 Год назад +147

    Appreciate the transparency . The greatest reward comes with growing a small account

    • @KingSwaggy
      @KingSwaggy  Год назад +9

      Thank you so much fam!! Keep working.

  • @donaldzvandikona4567
    @donaldzvandikona4567 Год назад +157

    If you can't make profits on $100.00 then you can't make money even with 100,000

  • @NoCommentaryGamer1
    @NoCommentaryGamer1 Год назад +146

    I started with $5 and slowly scaled up $25, $50 to $100, only put in what ur willing to lose, the key is to get into profits so ur able to trade with the markets profits not ur own

    • @Luke-sd8kt
      @Luke-sd8kt Год назад +23

      What did you trade? And what broker let u start with only $5?

  • @emmanueladetunji9757
    @emmanueladetunji9757 Год назад +41

    Words from years of experience 💯

  • @deenfukshoes12
    @deenfukshoes12 11 месяцев назад +39

    Guys remember, when u are starting trading, don’t worry about “how much” profit you’re gonna make. Worry about if your call was right.

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад +1

      Let’s do this bro!! Appreciate it. 🙌🏾

  • @El-Daf333
    @El-Daf333 10 месяцев назад +7

    I would say $1000 after good practice in demo account

  • @AgentJu14
    @AgentJu14 Год назад +9

    Honestly, your psychology vids are TOP tier man. I'm glad ur puttin these vids up. Came in at a crucial time fr🙏🏽🔥

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Thank you so much man!! I'm glad I could help!🙏🏽

    • @AgentJu14
      @AgentJu14 Год назад

      @@KingSwaggy No no... Thank YOU 😂🙏🏽 Appreciate it man

  • @FelloF13623
    @FelloF13623 Год назад +9

    true bro I deposited $16 and traded it to $80 in 2weeks . and did my withdrawal and I finally blew it the 3rd week but was really an awesome experience holding my account for more than 1week without blowing it

  • @k.manstv9022
    @k.manstv9022 Год назад +58

    True talk, I understand your point.

    • @KingSwaggy
      @KingSwaggy  Год назад +2

      Appreciate the love fam! 🖤

  • @flowzyt4135
    @flowzyt4135 Год назад +5

    Good advice, when I first started I went out with around 4k and I couldn't control my emotions at all and I stopped trading for around 2 weeks and started again with the same amount. But this time knew how the market test your emotions and psychology.

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Appreciate it fam!! Keep working!

  • @coywayne24
    @coywayne24 Год назад +6

    You might be heaven sent, said this to myself and then u post it! Keep it coming g ❤🎉

    • @KingSwaggy
      @KingSwaggy  Год назад +2

      We ain’t quitting G! Keep going! Your time will come! 🙏🏾

  • @nord709
    @nord709 Год назад +5

    Money doesn't matter if you have knowledge you can make money

    • @KingSwaggy
      @KingSwaggy  Год назад +4

      Proper knowledge can make you a lot of money.

  • @romeztrenton8483
    @romeztrenton8483 Год назад +2

    He aint lying starting with anything helps to get you going

    • @KingSwaggy
      @KingSwaggy  Год назад

      Yessir!! Let’s go fam! 💪🏾

  • @connorb7328
    @connorb7328 Год назад +1

    I truly agree with your statement 🎉. Many people suggests real account with loads of money but, I always suggest a demo account and working on a strategy that best fits you in order to reach a level of success 😎

    • @KingSwaggy
      @KingSwaggy  Год назад

      Word! Thank you fam. 🤘🏾

  • @CreatorsExpress
    @CreatorsExpress 9 месяцев назад

    Like buffet said, managing and running a small account is a lot easier than a big one.
    Btw, this guy is one of the best traders speaking facts and being honest!
    God bless!

    • @KingSwaggy
      @KingSwaggy  9 месяцев назад +1

      Thanks for the support fam!! Appreciate it! 🙏🏾

  • @sadonismusic
    @sadonismusic Год назад +1

    Bro I see your progress over the years and how you started from scratch. You are pro. I wish you the best Future Billionaire 😎👊

    • @KingSwaggy
      @KingSwaggy  Год назад

      Wow!!! Appreciate the words bro!! Thank you so much! 🫰🏾

  • @ericstinnett9182
    @ericstinnett9182 Год назад +2

    Great video, when you start out small, you learn how to build wealth over a period of time. Even paper trade set small goals, starting out with a $100 making $10 on trade may not seem much but you did it. Now just try to repeat the process, it may be $5 the next time. Even making your lost a minimum. We waist money in so many ways just on stuff that doesn’t matter. Give yourself time to grow and make mistakes. So when the time comes you know how to build wealth instead of blowing it. Thanks

    • @KingSwaggy
      @KingSwaggy  Год назад

      My man! Appreciate the love and your words! Keep working! 🤘🏾

  • @thembakhoza3767
    @thembakhoza3767 9 месяцев назад

    Yeah Man thank you for being moe realistic to us new traders .Aweee

    • @KingSwaggy
      @KingSwaggy  9 месяцев назад +1

      Let’s get it fam!! 🔥

    • @thembakhoza3767
      @thembakhoza3767 9 месяцев назад

      @@KingSwaggy we getting it King.Thank you once more all thr way from South Africa Aweeeee

  • @debbiewang5751
    @debbiewang5751 Год назад +1

    I start with $100 Real money helps me understand my FOMO and psychology, my trading plan has evolved over the past month, also understand and learn from losing trades.
    You can treat this $100 real money trading as your "Internship"! 👍

  • @noob_boss5460
    @noob_boss5460 Год назад +4

    W fact I like this guy this is how i started and doing

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Appreciate it fam! We ain't quitting!

  • @imtiyas4707
    @imtiyas4707 Год назад +8

    Still on demo to tracking . So i'm in also.👍👍👍👍
    T

  • @Killingfrenzy4161
    @Killingfrenzy4161 7 месяцев назад

    Started trading options 9 months ago with 1500 am currently at 67,250 it wasn’t easy but I’m glad I started

    • @KingSwaggy
      @KingSwaggy  2 месяца назад

      💯 Glad you started!!!!

  • @MrRichiec09
    @MrRichiec09 11 месяцев назад

    This is the correct educational information that should be given for proper day trading. A person who opens up with that 100k with bad emotions, and not enough risk management technique could possibly blow that 100k like that 100 in 1 trade. It's all about scaling up when you're learning a new skill, especially if the new skill can create chaos within your personal lives.

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад

      Thanks for the support fam! Keep it up! Your time will come. 🙏🏾

  • @dormamo6917
    @dormamo6917 11 месяцев назад

    Right m starting at $42 that's all my money I've got.

  • @godfreyhoyte1420
    @godfreyhoyte1420 Год назад +1

    I really like the fact that you keep it 💯 % good advice thanks bro

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Thank you so much fam!! Keep working!

  • @calvinhelms4442
    @calvinhelms4442 Год назад

    absolutely , your goal at first is not to lose consistently but to gain . there are to many horror stories of thousands lost simply bc of lack of knowledge

    • @KingSwaggy
      @KingSwaggy  Год назад

      Facts! Keep learning and improving. Thank you fam!

  • @alihemmati22
    @alihemmati22 Год назад

    I started with £500 and after one month my account was at £980 then the following month £1,700. Now in total after 4 months is up £5,600. If you know what you are doing you can start little and grow it. I was on a demo account for 7 years and only now I have confidence and knowledge to trade.

  • @Joshglory
    @Joshglory Год назад +1

    For real one day I will meet you. Swagy literally you speak all wisdom.
    My role model.And my mentor on RUclips 😊

    • @KingSwaggy
      @KingSwaggy  Год назад

      Appreciate the words fam!! Can't wait to see you guys soon!!

  • @nord709
    @nord709 Год назад +1

    My personal opinion is knowledge

  • @desmenkenlock
    @desmenkenlock 9 месяцев назад

    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?

  • @petrumatei5012
    @petrumatei5012 Год назад

    After I learn how market works, and demo account for couple months.
    I start live with 50$ in binary option, Rest is history ❤

  • @addomichael-it7bs
    @addomichael-it7bs Год назад +1

    The exact video I needed today❤❤❤❤❤

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      I'm glad I could help. 🤞🏾

  • @xVyperTv
    @xVyperTv Год назад +6

    If I could start over I would do a demo and then do nothing but funded accounts $100 $200 at a time getting 10-25k accounts until I passed bc losing 10-20k in the markets with you own money is not fun at all 😂

  • @Richest_Person_in_the_World
    @Richest_Person_in_the_World 7 месяцев назад

    Yes I agree $100 is better

  • @petruspaulitius
    @petruspaulitius Год назад

    You need $100. $10-20 trades with 50x, SL max 0.20%. Look for the 1-3% range moves.

  • @heinoobermeyer7566
    @heinoobermeyer7566 Год назад

    Truth. This is exactly right.

    • @KingSwaggy
      @KingSwaggy  Год назад

      Thank you bro! Keep working and stay on the course. 💪🏾

  • @JohnKgeo
    @JohnKgeo 11 месяцев назад

    For beginner is better 250$ for start. If lost in traiding it is not big deal

  • @omidebrahimi8512
    @omidebrahimi8512 Год назад

    Losing with boldness is better than winning by fear

  • @user-ke5od1wu8t
    @user-ke5od1wu8t 11 месяцев назад

    The realest the realest of the realest my dude just said it he knows what he's doing

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад

      My guy!! 🙌🏾

  • @pardeeppanesar4880
    @pardeeppanesar4880 Год назад

    If your new and have no good strategy/ understandin, stick with demo...... trading is the hardest thing to do by yourself..... looking at candles, doin ta etc in my humble opinion doesn't work, maybe it will here an there but eventually doubtful......Raw data is what u need..... personally I'd never trade without that raw data. Good luck peeps be the turtle not the hare

  • @snipernosniping4714
    @snipernosniping4714 Год назад +1

    I get the point of demo trading, but there’s nothing like the anxiety of watching your own dollars plummet. Im on my second 10k account and there are always promotions going to get them at around 100 bucks. Just don’t lose 500 in a day, which only is gonna happen if you’re making horrible choices

  • @honesttechreviews84
    @honesttechreviews84 Год назад

    Started with $300 flipped it to $500 using a robot. Once it gets to $600 I’ll increase the bot to 0.02 lots and so on.

  • @A_francis
    @A_francis 11 месяцев назад +2

    Investing prospects of a minimal sum of money can be both exhilarating and baseless. With the right approach, there’s a potential for significant wealth growth, Judging by this i'm still in search for suggestions as to a way to improve my retirement portfolio of $580k

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад

      You got this fam!! Keep going and trust the process. 🖤

  • @Chazze135
    @Chazze135 7 месяцев назад

    I’ve beeen gambling for a few years so I know how to control

  • @CooKie-hx7ge
    @CooKie-hx7ge Год назад

    On point swaggy also I see your chain tag is the same as mambas!! Ebony and ivory trading brothers🔥🔥

    • @KingSwaggy
      @KingSwaggy  Год назад

      Yessir!! Appreciate the love fam.

  • @tepelbos6164
    @tepelbos6164 11 месяцев назад

    thanks again for providing actual usefull info :)

  • @mondaytega9860
    @mondaytega9860 10 месяцев назад

    You are the best please sir can you be my mentor? I just admire everything about you and your way of understand please be my teacher

    • @KingSwaggy
      @KingSwaggy  10 месяцев назад

      Sure brother. Watch all my videos or you can also join the Lab. Definitely check out the website so you can get a better idea of what I offer within the Lab. - www.livetradinglab.com
      You got this! 💪🏾

  • @Apexgangs
    @Apexgangs Год назад

    Start 100 if u make it to 1k then u set for adding or just continue.Kinda useless if u start big if u don't have firm control of ur emotion.U are a legend for this advise for trading.

    • @KingSwaggy
      @KingSwaggy  Год назад

      Thank you fam!! You got this!! 💪🏾

  • @user-gd6zh6ds1r
    @user-gd6zh6ds1r Год назад +2

    Trading future with 250$
    You shouldn't put more then that
    I think 100$ its to low
    But its also OK

  • @Yourmanisbroke
    @Yourmanisbroke 11 месяцев назад

    Started with $70 made a solid 1% per day and I experienced my first 9% down a week later. I took a step back, as I need to learn what I did wrong. So back to the drawing board

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад

      You got this bro! 💪🏾

    • @ElmoPurdiman
      @ElmoPurdiman 4 месяца назад

      What platform let you deposit such a low balance

  • @_bm1tv
    @_bm1tv 11 месяцев назад

    money doesn’t matter. it’s all about the percents. a good plan shouldn’t require any specific amount of money.

  • @mohsinali738
    @mohsinali738 11 месяцев назад

    In pakistan 10000$ is life changing money

  • @christianlilavois5706
    @christianlilavois5706 Год назад +1

    Started with 100 and got all types of emotional.
    Now just focusing on flipping small $20 dollar accounts, if I can't do that consistently. Ain't no fucking way im blowing up 75k 😂

  • @ani_trades
    @ani_trades Год назад

    Thats the best advice i ever heard

  • @Zellot614
    @Zellot614 Год назад

    The best advice I have listen to

    • @KingSwaggy
      @KingSwaggy  Год назад

      Thank you fam!! Appreciate the love.

  • @ihavetwoos
    @ihavetwoos 9 месяцев назад

    I started with thirty, it really doesnt feel like that demo.

  • @EverlyndPerez
    @EverlyndPerez 11 месяцев назад

    I read on CNBC about someone who is netting $20k a month from just his tradings in the market, which is from capital he had amassed long ago. That is incredible. How do people do that?

  • @DawsMula
    @DawsMula 9 месяцев назад

    What is your opinion on 100k funded accounts you can buy with 700$

  • @MarkDanger777
    @MarkDanger777 Год назад

    I start with 10k in account but only risk 5 dollars at a time because I was dumb back then gambling and already lost 4k

  • @cupra2Jock.
    @cupra2Jock. 9 месяцев назад

    I have around 9k never traded in my life and just threw £400 in to euro/gbp options lmfao im down £13 as of this comment but i hope itll be up atleast £60 by monday.

    • @KingSwaggy
      @KingSwaggy  9 месяцев назад

      Can’t wait to see your progress soon family!!

  • @loxkampalaug
    @loxkampalaug 9 месяцев назад

    Definitely

  • @DJpauloDTG
    @DJpauloDTG Год назад

    Just get a funded account ... it will teach you risk management and how to be consistent and it will cost you as little as $14 if you manage to catch a 90% off sale on some of these prop accounts

  • @makai2174
    @makai2174 Год назад

    It really doesn’t matter about how much u put in as long as it grows is all u should worry about…n preferably start with as little money as the broker let’s u deposit so that way if u lose the account it’s no big deal and if u grow the account u won’t have to deal with big numbers affecting psychology bcs u will get use to seeing the size increasing day by day

    • @KingSwaggy
      @KingSwaggy  Год назад

      Yessir bro!! Love that mindset!! 💪🏾

  • @hindikhel4542
    @hindikhel4542 Год назад

    I will start 14 dollar and now I'm on 130$ and withdrawal my investment of 14$ ..

  • @nahtandorvol4200
    @nahtandorvol4200 Год назад

    Started with $100, my goal is to make 3% a day… compound interest baby!!

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Yessirrr!!! Keep going man! Your time will come! 💪🏾

  • @martinechols6683
    @martinechols6683 Год назад

    Start small. Never a large amount. $100 is a good start.

  • @vickedreakangginata
    @vickedreakangginata Год назад

    i start with 500. and now almost 7 month. never margin call, but rn floating lost 900. with 1300 balance.

  • @phelicks1579
    @phelicks1579 Год назад

    Your videos keep me motivated on the daily G. Much respect 🫡

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Thank you so much!! Appreciate it G! 🔥

  • @yanishameesh7965
    @yanishameesh7965 10 месяцев назад

    I’m doing a lot better bro thanks for ur free RUclips strategy’s. I’m making abo it over a 100 every day then I’ll soon double it go from there

    • @KingSwaggy
      @KingSwaggy  10 месяцев назад

      Keep going fam! Your time will come!

  • @Bellabarbee
    @Bellabarbee 11 месяцев назад

    This helped a lot 😊

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад

      Glad it helped! Keep going fam!

  • @melatonemelodies9582
    @melatonemelodies9582 Год назад +1

    I opened my account wit $250. Im taking it nice and slow and easy.

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Let's get it fam! Can't wait to see your progress!!

    • @melatonemelodies9582
      @melatonemelodies9582 Год назад

      @KingSwaggy appreciate it man... i just made my first 3 trades in the positive.. it was some cents, BUT my strategy worked lol... like i said im taking this nice slow and easy fam..
      #Focused
      #Learning
      #SmallGainzAreGainz

  • @mahandrsinghpardeshi9171
    @mahandrsinghpardeshi9171 11 месяцев назад

    That's true

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад

      Let's get it fam!!

  • @anthonyhope3350
    @anthonyhope3350 Год назад

    True

  • @morojnrshorts
    @morojnrshorts Год назад +6

    Exactly man I'm about to get a prop firm account with $100 now

    • @KingSwaggy
      @KingSwaggy  Год назад +3

      Let’s get it man!! 💪🏾

  • @CryptoLTP5
    @CryptoLTP5 10 месяцев назад

    What are the best trading platforms to use for trading?

  • @Dstryrr
    @Dstryrr Год назад

    People just need to humble themselves and realize they are going to lose basically no matter what in the beginning. Swallow your pride and do the research, the tracking, and everything else until you can finally go from 80% losses to 60% to 40% and so on until you can actually be successful. I sucked at trading at the beginning, but now I am finally starting to see profit after almost a year. Treat daytrading as a skill and not a way to make money, and humble yourself to realize everyone takes time to become skilled at anything

    • @KingSwaggy
      @KingSwaggy  Год назад

      You got this man!! We ain’t quitting! 🫰🏾

  • @chrisshah920
    @chrisshah920 9 месяцев назад

    Pattern day trader rule????

  • @malclaire
    @malclaire Год назад

    Respect

  • @ayesha77642
    @ayesha77642 Год назад

    I lost £2000 only had £100 left I made it go back up again £3000 I wasn’t pissed I just learn my lesson and told myself I will do better next time

    • @ayesha77642
      @ayesha77642 Год назад +1

      I just know I’m not going to build the money fast and would rather take my time 🙌and keep learning

    • @KingSwaggy
      @KingSwaggy  Год назад

      Wow!!! That’s the mindset fam. Keep going! Your time will come soon. 🙌🏾

  • @MS-ic8lj
    @MS-ic8lj Год назад

    Thank you 👍

  • @bagchasermar9988
    @bagchasermar9988 9 месяцев назад

    Wow if I only need 1k Swaggy I’m joining today lol😂

  • @kakaismyname1687
    @kakaismyname1687 11 месяцев назад +1

    Dude I got 100% back within 6days that cool

    • @KingSwaggy
      @KingSwaggy  11 месяцев назад

      Awesome man! Keep it up! 🔥🔥🔥

  • @whereeveritgoes
    @whereeveritgoes Год назад

    A trading coach once told me, if you think starting with 10,000usd will make your techniques and skills work well, you might as well start with 50usd with the same techniques and skills.

    • @KingSwaggy
      @KingSwaggy  Год назад

      Love that mindset! Let’s get it fam!!

  • @DG-Fredo
    @DG-Fredo Год назад

    Any advice for someone trying to get started but don’t know where to start

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      Watch all my videos, always strive to be the best version of yourself, and see you inside the Lab fam! 🔥

  • @2four5technicaltrader54
    @2four5technicaltrader54 Год назад +1

    I understand your perspective
    However realistically to find success in the market you'll need more than 100$
    But your point is valid ✌️ if you're still learning the skillset start on small or demo accounts until you find consistency... that's beautiful 💯💯💯👑

    • @KingSwaggy
      @KingSwaggy  Год назад

      Thank you so much! Appreciate you.

  • @Xiao-pi3un
    @Xiao-pi3un Год назад

    I started with 15$.... thats more than enough because you still have to deal with your emotions

    • @KingSwaggy
      @KingSwaggy  Год назад

      You got this man!! Keep going!

  • @realnaldofx
    @realnaldofx 11 месяцев назад

    what do you recommend ict or just normal price action?

  • @Shayan598
    @Shayan598 Год назад

    3% form Trade The Pool stock account

  • @goddid116
    @goddid116 11 месяцев назад

    thx for wisdom

  • @TheHungryGirl848
    @TheHungryGirl848 10 месяцев назад

    That’s right these people talking 50k 75k those people are evil and don’t want broke people getting to their level or out beating them.

  • @shobhitsaxena6776
    @shobhitsaxena6776 Год назад

    Hi started with $500 n it’s growing 😃

    • @KingSwaggy
      @KingSwaggy  Год назад

      Let’s go!!! You got this man!! 💪🏾

  • @timothytim8365
    @timothytim8365 Год назад

    When you're ready, i think the Asian lady is right, i think you'll need at least 25, 30 thousand if you want to make something substantial a month.

  • @boxheadzombie3400
    @boxheadzombie3400 10 месяцев назад

    I'm still learning bro

    • @KingSwaggy
      @KingSwaggy  10 месяцев назад

      You got this! Keep it up!!

  • @melatonemelodies9582
    @melatonemelodies9582 Год назад

    Yo @KingSwaggy do u have any videos about spreads

    • @KingSwaggy
      @KingSwaggy  Год назад +1

      You can join my free Telegram community fam, link is in my video descriptions.

    • @melatonemelodies9582
      @melatonemelodies9582 Год назад

      @KingSwaggy thats wuts up fam.. on it!

  • @kushanperera8832
    @kushanperera8832 Год назад

    Still in the 2nd phase of the5ers challenge.

  • @kswappedem2
    @kswappedem2 10 месяцев назад

    Lol i dropped 1k fresh off youtube floating in the ichimoku cloud. Accnt was gone that same evening🤣🤣

  • @creative_shorts576
    @creative_shorts576 Год назад

    Perfect ❤❤❤

  • @sillierstraw2389
    @sillierstraw2389 Год назад

    Would you recommend funded accounts ?

  • @johnmoney7626
    @johnmoney7626 11 месяцев назад

    5k

  • @ashtonjohnston6264
    @ashtonjohnston6264 Год назад

    He'll nah people be throwing in their live savings to trade and blow it all in 2-6 months. Cus they think they're special 😂 you're trading vs algos often and they don't have feelings, better cut them losses and get the fuck out when it ain't working after 5-15 mins