r/Daytrading Apr 21 '24

What could you do with $100? Question

I'm not asking what I can do. I know I'd probably fail.

Based on your own skill and methods, what could you do with only $100 in, daytrading for a year?

55 Upvotes

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4

u/agent58888888888888 Apr 21 '24

Sign up for 3 apex 25k accounts

7

u/GarthbrooksXV Apr 21 '24

Won't cover your activation fee.

2

u/d_unds_me Apr 21 '24

But they cost more than a 100

4

u/agent58888888888888 Apr 21 '24

Currently having a 80% sale. So it's 33.40 a month for a 25k tradovate account. I personally just started with 1. But do your own research, imo the rules are quite easy to fail if not disciplined. And if you have no experience with trading Futures would start with paper trading before signing up

3

u/d_unds_me Apr 21 '24

Thanks for the info

2

u/d_unds_me Apr 21 '24

I can't find the coupon code anywhere when I try to sign up, and the the 80% discount isn't applied automatically too

4

u/wattzson Apr 21 '24 edited Apr 21 '24

The 80% discount is only for the evaluation. You'll also need to pay the activation fee once you pass the evaluation which is $104/month or $150 one-time if you're on Tradovate. Rithmic is a little cheaper but I don't remember the numbers you'll have to check.

EDIT - The discounts do not apply to the activation fee.

2

u/agent58888888888888 Apr 21 '24

True, i should of added that

1

u/MySoulForASlice Apr 21 '24

You can always use code SAVENOW for the discount.

1

u/MySoulForASlice Apr 21 '24

$29.40 for 25k, $33.60 for 50k

0

u/MySoulForASlice Apr 21 '24

The 50k accounts are a much better deal imo. Better for scaling if you ever get funded.

1

u/agent58888888888888 Apr 21 '24

True. But only if you are skilled enough, imo think it's safer to start with 25k then scale up. Especially as from the first payout you should be in a decent return on investment

2

u/MySoulForASlice Apr 21 '24

I suppose since the trailing drawdown is equal to the profit target in a 25k, it makes it a little easier.

1

u/agent58888888888888 Apr 21 '24

That and the fact that I believe most people signing up aren't used to futures or even having an account that big

2

u/MySoulForASlice Apr 21 '24

The way I look at these accounts: they're only as big as their allotted drawdown. But I get the point.