Day Trader’s Aftermarket Lounge 12 May 2020, page-101

It really depends on what you are starting with , and how much you are risking . The more you risk (larger parcel) , the greater need for accuracy . If you are putting $10,000 into a trade , then $1000 is doable . But if your accuracy is lacking , then it is too risky till you improve . The size of my parcels usually depends on my confidence in the signal , and the larger the parcel , the quicker I am to sell. What do you need to make in a day to pull a wage ? Definitely not $1000 per day . $300 should do it . It really depends on your level of skill and experience. No-one should be compared to anyone else , as trading according to your current skill level and accuracy is critical . How clear is the signal for you ? I usually find that I can only trade to the level of my confidence . I started off with only $1000 parcels, for quite a while - and then increased the size with growing confidence . You have to grow. You have to be comfortable, and confident with the level of risk. At some stage you get a very clear signal , and you back yourself with a large parcel ( making sure that it is a measured percentage only- of your entire trading income.)