How much money do I need to start swing trading?

Asked 3 years ago

What is the minimum amount of money that I need to swing trade stocks successfully? Can I lose money swing trading if I don't keep to the minimum amount? Oh, and which platform is best for swing trading?

Swing trading Minimum trade size

Andrew Moran

Thursday, September 09, 2021

The general consensus in the investment community is that you should have a minimum of between $5,000 and $10,000 when you are swing trading.
Financial experts typically use this range because you could risk too much (you have a high chance of losing money) if you fall below these dollar figures.
Also, if you swing trade, you could come across exorbitant commissions and other fees that eat into your starting capital and potential returns. 
If you'd like, you can start by trying out Fortrade trading platform for swing trading. 