What is the minimum I'd need to open up an account and trade stocks? Whats the smallest size I can trade that is feasible with fees and what not? Very new to stocks.
What is the minimum I'd need to open up an account and trade stocks? Whats the smallest size I can trade that is feasible with fees and what not? Very new to stocks.
Risk tolerance is key here.
I generally try to risk approximately 5% per trade. It's better to set hard percentage risk tolerances like this so you can calculate how many bad trades you have to make to completely blow out.
If you set your maximum risk per trade you can calculate the minimum required capital.
What is the minimum I'd need to open up an account and trade stocks? Whats the smallest size I can trade that is feasible with fees and what not? Very new to stocks.