How Much Capital Should you have to Start Day Trading?

Yesterday, I wrote about why 90% of all day traders fail. Today, I hope to look at how much starting capital you should have before realistically hoping to make a living, simply from your trading. Know Your Monthly Expenses The first thing you need to look at, are your expenses. Everyone’s living standards are different so you’ll have to do your homework here and write down every single expense that you incur on a monthly basis. It’s best to take an average over 3-6 months, but if you don’t...