Hacker News new | ask | show | jobs
by jusiool 2179 days ago
A lot of people don't possess the capital to, well, capitalise on these events. I tried day trading as early as march, but guess how far 100 dollars of starting investment got me?

The shame is not that people don't have financial literacy.

1 comments

100 dollars for day trading is shit. You should never risk more than 2% of your account in a trade, that means on average you’d have to be satisfied with making a couple bucks of profit per trade.
I think that's the point the parent was making. If you simply don't have enough money to trade profitably with, then… you can't trade profitably.