- Are you going to day trade all your money using one strategy?
- Or would you consider multiple strategies?
- Are your strategies going to be discretionary?
- Or only systematic and automated.
- Are you going to be the only person who trades your account?
- Or are you planning to have someone else manage some money?
You should abide by the basic rule which is to avoid putting all your eggs in one basket. There is a concept call diversification.
This concept says that when you allocate your money to more strategies you reduce the risk that one strategy will fail and terminate your day trading activities.
So, if you have 3-strategies that make money and one that loses, you will likely have a winning day trading experience.