The Student Room Group

How much to start on trading?

I'm looking to start trading.

How much is the minimum deposit on trading websites? I'm looking, as a friend stated to day trade. Nasdaq etc.

I'm ignorant on this, I will read and educate myself. When the line goes up, how much can I expect to return in that short period? As I said, I'll educate myself on this.
Reply 1
It will vary, but how much can you afford to lose?
Reply 2
Original post by Surnia
It will vary, but how much can you afford to lose?

I heard minimum deposits are £100, I could be wrong.

I could possibly lose a few hundred to start with.

How much would I be able to make when the line goes up for a bit on day trading?

I read and educate myself around this.
Reply 3
Keep reading; it's a specialist subject and there will be little advice on here. Stock could go up a bit, it could up a lot, it could go down.
Reply 4
Original post by Surnia
Keep reading; it's a specialist subject and there will be little advice on here. Stock could go up a bit, it could up a lot, it could go down.

Thank you for your insights.
Reply 5
Original post by Analyst89
I heard minimum deposits are £100, I could be wrong.
I could possibly lose a few hundred to start with.
How much would I be able to make when the line goes up for a bit on day trading?
I read and educate myself around this.

You could make 100x return in a day

Similarly you can put money on a horse at 100/1 and make the same return
Reply 6
Original post by Quady
You could make 100x return in a day
Similarly you can put money on a horse at 100/1 and make the same return

Thank you.

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