Poll: What's your bankroll?

Discussion in 'Trading' started by reno4nook, Feb 7, 2005.

Bankroll for day trading

  1. $40,000 or less

    80 vote(s)
  2. $40,000 to $75,000

    22 vote(s)
  3. $75,000 to $125,000

    12 vote(s)
  4. $125,000 to $200,000

    13 vote(s)
  5. $200,000 or more!

    48 vote(s)
  1. How much money do you use exclusively for day trading?
  2. thanks for the response, guys.

    Well it looks like I may not be under capitalized after all.
  3. How much money?

    Or how much Buying Power?

    You can only use $10k of your money but get over $200k buying power from a prop firm.
  4. lescor


    I have $29 million in buying power in an account that I keep between 25 and 35 thousand. Prop vs. retail is not really comparable for your question.
  5. Ameritrade is giving me 4-1 buying power for day trades.

    I've got $35,000 so I can buy $140,000 worth of stock.

    Are their off shore brokers that allow more than 4-1??
  6. Mvic


    Start every year fresh with $100K.
  7. Those once a year paychecks makes bill pay a breeze!

    Michael B.

    P.S. But where do you find all that extra cash each year to add to your account? :)

  8. Mvic


    What I mean is that I take any profits over $100K off the table each calendar year or in the event that there are no profits (has happened less than a handful of times since I started trading) I fund my account back to the $100K level.
  9. Sorry mvik...note the smiley face..its one of those nights...i'm bored and waiting for my EUR/USD trade to close.

  10. Looking at the poll results, I'm in the sparsely populated middle category (just under $100k of capital). Most respondents are either under $40k or over $200k. Does that mean if I keep trading I'm likely to join the $200k and over group :) or fall into the $40k and unders :eek: ?
    #10     Feb 10, 2005