DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: - who wrote (345)	6/9/1999 11:48:00 AM
From: SteveJerseyShore	Read Replies (2) of 18137

By your own account, you are talking about needing a small fortune to start daytrading.If you were to daytrade 200 shares @ 25, ($5,000),you need $100,000 (minimum)starting bankroll? Is their a cutoff point? Seems to me, trading stocks under $10-15 per share is looking for trouble.Too much volatility. <<<The statistics are overwhelmingly against you, if you violate the cardinal rules (generally, if you are risking more than 1-5% per trade, depending upon your trading style).>>> SjS

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