Title: Trading Mindset Post by: Yanghudi on June 15, 2025, 03:08:34 PM About Trading Title: Re: Trading Mindset Post by: Beparanf on June 15, 2025, 03:16:47 PM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit?
Rich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. Title: Re: Trading Mindset Post by: Oshosondy on June 15, 2025, 04:05:11 PM You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you.
But for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once. Title: Re: Trading Mindset Post by: Yanghudi on June 15, 2025, 04:31:12 PM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit? then poor people should focus on trying harder to find more capital for reasonable trading and then it will make senseRich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you. love the way you got it right i think the leverage is something like very risk gambling right ??? then it should be avoidedBut for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once. Title: Re: Trading Mindset Post by: masulum on June 15, 2025, 04:31:42 PM But it is true, fixing the mindset is important, because i have experience, my friends thinking if trading in stocks and crypto with small money, let's say $50, they can profit quickly. Even though I tried to explain, they didn't believe me, look like he knows everything about trading. Changing the mindset doesn't need to decide when using large or small capital, because when thinking about big profits, in the end leverage or futures become their choice. At the end of the time, when they lose, they shout that trading is a scam. Mindset can determine everything in trading, starting with the wrong mindset, then trading tactivity will not be managed well.
Title: Re: Trading Mindset Post by: justinlamode on June 15, 2025, 04:54:54 PM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit? That is exactly what the post is all about even though it was not correctly worded. I agree with that point of view because it is easier to make 1% of your capital than 100% and using small amount of money to chase big reward will simply multiplying the risk. In other types of businesses, it is also easier to make more money when you have big capital that is why you see the rich chase 10% to 30% annual returns whereas those with low income will be targeting big amount and taking too much risk. Rich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. Title: Re: Trading Mindset Post by: hyudien on June 15, 2025, 05:03:22 PM Someone with large capital usually has a realistic target besides that with the excess capital when experiencing a loss they will not be too emotional on the contrary someone who only relies on limited capital will be more emotional and it cannot be said that they are traders but gamblers especially when the goal is to get x10 or more in one entry. I agree with your statement, change your mindset first before wanting to become a trader and try to collect capital first because the market is a place full of uncertainty.
Title: Re: Trading Mindset Post by: cabron on June 15, 2025, 05:15:24 PM
I don't think someone here really is thinking about that much of a profit with just $10 capital. I'm sure a person whose new to trading realized this already even before he started. But the new investors however of memecoins does have this mindset after learning their much followed celebrity on youtube bragged about his profits. In anyway, they didn't expect to profit 10-100$ PER DAY but the bull run is what they waited. Title: Re: Trading Mindset Post by: Mpamaegbu on June 15, 2025, 05:50:54 PM Fix your mindset first trading is not only about analytical skills then your mindset is also very important! If you've this mindset that what matters is capital to be profitable, sooner than later you're going to blow up your account. Capital isn't as much important as skills for trading. A person without trading skills can easily burn a $10,000 funded account within a few days. No mindset will be that confident if it's not equipped with skills as the one that's equipped. Mindset is emotional, it doesn't trade impartially. What does is skills. Mindset is what we want price to do, and not what price is doing, right? Remember that the market doesn't give a damn what we think. It goes wherever it pleases. I like trading technicals myself. Whenever I see people talk down on technicals, I just laugh. Title: Re: Trading Mindset Post by: Mrbluntzy on June 15, 2025, 06:11:05 PM This difference you made about rich and poor traders is the reality that different traders are having right now. For the rich traders, although just some of them, they want to make more than the amount in profit that you used as an example, and it could be higher amount, they prefer a one time large profit rather than consistency in profit despite small or big. It's applicable to poor retail traders too, most of them. They want a huge one time profit in a day or two, so that once they get the profit, they can show off. I don't trade but I like how it's done but I can't because I can not bear the risk. Am very comfortable with holding Bitcoin. If most traders improve in their psychology about trading, they could be profitable like other successful traders.
Title: Re: Trading Mindset Post by: Coyster on June 15, 2025, 06:31:58 PM The thing here is to chase realistic returns, if you control a very small position, there are certain returns you cannot realistically expect and due to your small position, you'll quickly burn out.
That said, there are also traders who control a large position, but because they do not really understand trading, neither do they implement risk management strategies, they also fail in trading. So in other words, i think a traders skill is their most important asset, even before available funds. Title: Re: Trading Mindset Post by: BABY SHOES on June 15, 2025, 06:47:53 PM Yeah... The trading mindset you mentioned is true in that those with large capital can multiply it more easily, and those people may become even richer if their trades continue to be profitable.
But with small capital, it's difficult to go from $10 to $1,000... this is the challenge for the poor. If they manage to overcome this, they will likely find it easier to make money in trading. What I'm saying is... don't take it at face value because, of course, there are risks involved, especially for those with large capital, which are balanced by what they put in. Title: Re: Trading Mindset Post by: harapan on June 15, 2025, 07:25:28 PM -For the rich, this is a place to multiply money, with a capital of 100,000 Dollars then trying to find consistent profit of 100 Dollars per day then it makes sense!!- -For the poor then a place to find a living & wealth and then with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! - Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre] Mind you talking about mindset you should be aware that people think differently so is their mindset, which is why the poor and the rich mindset differs on trading, such that when one is thinking of trading with huge sum to get higher profits the other is doing otherwise but what matters is that they are both profitable in the end and risking what they can afford. Title: Re: Trading Mindset Post by: Hatchy on June 15, 2025, 08:21:31 PM About Trading Title: Re: Trading Mindset Post by: Ndabagi01 on June 15, 2025, 08:48:16 PM Having the right mindset is important in trading and when you lack it, you’ll most definitely be making many mistakes that won’t make you profit in the market. I like your post about how the rich and poor approach the market, it is really the truth of the matter and has caused more poor people to lose interest in trading because of high leverage and poor mindset of making money quickly approach they came into the market with.
It is a good thing to aim to multiply your profits with the capital you’ve putting into trading, but doing that should mean that you have more money in place to always place a trade with that amount with, like dividing your capital to trade as a rich person will approach the market. It’s all about proper risk management nd the rich will achieve the result more faster than the poor when they come into the market with this two mindset you’ve mentioned in your post. Title: Re: Trading Mindset Post by: SATWAT on June 15, 2025, 09:06:03 PM About Trading Rich always make more profit because they are having better environment of doing business and also understand depth of trading because they are having enough sources to handle this while poor always struggle and need to fix many other things which causes problem for him. Trading mind, knowledge and risk management always important with trading mindset which is always allowed growing and live better but still its no for all because things are looking possible on papers easy instead of having practical. Title: Re: Trading Mindset Post by: Russlenat on June 15, 2025, 09:29:35 PM Still, that’s the wrong description because someone who’s truly rich isn’t thinking about earning just a small profit from $100k in capital. I think the proper term isn’t “rich,” but “professional trader.” After all, there are also rich traders who are reckless, and there are poor traders who are consistent and understand that slow, steady growth is the real key to success.
But I agree with you, mindset really matters. If you approach trading with a gambler’s mindset, you’ll eventually lose. It’s boring, and you’ll still end up losing it’s probably the worst experience you can have in trading. Title: Re: Trading Mindset Post by: Japinat on June 15, 2025, 09:59:32 PM The rich can be richer or get poor while the poor can be poorer, that’s the reality about trading. Trading is all about knowledge and reliable strategies, so if what you have is only greed and passion, believe me that won’t work for trading in the long run.
My mindset is, trade when there are available opportunities to earn, but learn to stop trading when it’s no longer favorable on your part. Know how to start, as much as know when to stop, that’s the only way you’ll not end up messing up with trading. Title: Re: Trading Mindset Post by: Botnake on June 15, 2025, 10:25:47 PM For majority, trading is a way to make money and get rich. But it takes more than interest and motivation alone, you need limitless amount of knowledge and patience, until eventually you develop your own skills and strategies that are suitable on your trades.
Trading is not just making money and produce an income, but it requires sacrifices as well. So if you think that trading has only made you stressful and uncomfortable, and you’re not even growing on your craft, then leave trading. Not everyone who trade end up with positive outcomes, unfortunately some end up at their worst. Title: Re: Trading Mindset Post by: BitMaxz on June 15, 2025, 10:27:35 PM Honestly, there's no poor and rich in trading; you're just thinking that poor people can't trade. For me, if there is no budget yet, train yourself with paper money instead. If this poor man becomes profitable, he will be able to join any trading contest that doesn't require a big amount. If he wins, there's a possibility he will get a funded account with around $1k to $10k. There are many online streamers who randomly give away or fund people's accounts if they guess the right answers. So there are still chances for poor people to enter into the market.
However, I still agree on some points; having a big account size has some advantages, even if you are targeting small. The important thing here is you can minimize the risk, like your target is $100 and your risk is $20. If you win the 1:5 ratio, then you will be able to earn $100. Just make sure that if you lose in one setup, don't overtrade; it's better to trade again for the next setup. Having a big-sized account doesn't mean you can beat these poor people with small accounts. Honestly, that was a start to grow an account from small to big. Title: Re: Trading Mindset Post by: Asiska02 on June 15, 2025, 10:34:57 PM The rich can be richer or get poor while the poor can be poorer, that’s the reality about trading. Trading is all about knowledge and reliable strategies, so if what you have is only greed and passion, believe me that won’t work for trading in the long run. Both the rich and poor have the mindset of greed and it differs in people irrespective of their financial capabilities. When you have a reliable strategy, you just have to stick to it and only employ proper risk management when trading to avoid blowing up your account. The amount the rich or the poor are coming to the market with doesn’t matter at this point, what matters most is managing the money to earn good profits no matter how little for both the rich and the poor in the market. Quote My mindset is, trade when there are available opportunities to earn, but learn to stop trading when it’s no longer favorable on your part. Know how to start, as much as know when to stop, that’s the only way you’ll not end up messing up with trading. This is actually why timing is very important in trading, it is an important feature of trading that can help you win at the first given opportunity because some opportunities when missed may not come back again even if opportunities in trading don’t only come by once. When you miss a time to trade, don’t chase trade, but wait patiently for another opportunity to come because they’re always unending and you can get another one to trade again. Title: Re: Trading Mindset Post by: mirakal on June 15, 2025, 10:44:07 PM You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you. Let’s face it, using leverage is not for everyone. You may trade with leverage, and still lose all your money. Even professional traders simply disregard using leverage at some time, because they know how it can drain your funds. Most especially for beginners, as they have no sufficient knowledge and skills that are vital to gain trading profits. But for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once. It’s a lot better to trade with a minimal amount. And when you’re in profits, you can start increasing your capital while you slowly taking away your profits one step at a time. Title: Re: Trading Mindset Post by: DaNNy001 on June 15, 2025, 10:46:46 PM About Trading There are rich people that normally flip Their capital but it's not something that they take seriously because they are are to lose it...When it comes to trading strategically rich people use huge amounts to chase a little profit between 10 to 30 percent using a small lot size...one thing that helps you put your mindset in order is to know that trading isn't a quick scheme and you must sacrifice a lot of Time and effort Title: Re: Trading Mindset Post by: BITCOIN4X on June 15, 2025, 10:47:48 PM ~Snip Both the rich and poor have the mindset of greed and it differs in people irrespective of their financial capabilities. When you have a reliable strategy, you just have to stick to it and only employ proper risk management when trading to avoid blowing up your account. The amount the rich or the poor are coming to the market with doesn’t matter at this point, what matters most is managing the money to earn good profits no matter how little for both the rich and the poor in the market.The difference between the two is only in capital, but both can apply the same strategy. Greed in trading is sometimes profitable, but not always because it could be the reason why they lose money. Trading must have management and be consistent with the plan, even if the profit is not big. Title: Re: Trading Mindset Post by: GreatArkansas on June 16, 2025, 03:56:38 AM (.....) There are rich people that normally flip Their capital but it's not something that they take seriously because they are are to lose it...When it comes to trading strategically rich people use huge amounts to chase a little profit between 10 to 30 percent using a small lot size...one thing that helps you put your mindset in order is to know that trading isn't a quick scheme and you must sacrifice a lot of Time and effort It's better to encourage rather than discourage. Everyone has to start somewhere. Title: Re: Trading Mindset Post by: Webetcoins on June 16, 2025, 09:30:02 AM -For the rich, this is a place to multiply money, Yeah well, the rich is trying to earn 1% profit which is realistic while the poor is trying to earn 100% on his investment, so there's a difference. I think even the small traders should look to build rather than get rich overnight. You cannot deposit $100 and try to earn $100 daily, it doesn't make sense and it's simply gambling. Even if you start trading with $100, you have to think how I get to $110, then $125 and so on. Try to accumulate small profits and build the bankroll.with a capital of 100,000 Dollars then trying to find consistent profit of 100 Dollars per day then it makes sense!!- Remember friends, earning small and accumulating it over a long period will be way better than trying to trade futures with 50x and risking it all. That's the gambling type of mindset I'm afraid. Trade small -> Earn -> Accumulate -> Repeat. As simple as that. Title: Re: Trading Mindset Post by: TheUltraElite on June 16, 2025, 09:33:51 AM 10 dollars to consistent 10-100dollars? You smoking some cheap pot mate?
Even making 2-5dollars per week is enough for a pleb to become happy, most fail to make even that over weeks. Consistency in profits is not something familiar with trading. This is not about practice, this is about luck and timing. That is the difference of trading with skill based jobs, the latter needs practice regularly and leads to consistent profits in income. Title: Re: Trading Mindset Post by: jaberwock on June 16, 2025, 03:31:51 PM There are rich people that normally flip Their capital but it's not something that they take seriously because they are are to lose it...When it comes to trading strategically rich people use huge amounts to chase a little profit between 10 to 30 percent using a small lot size...one thing that helps you put your mindset in order is to know that trading isn't a quick scheme and you must sacrifice a lot of Time and effort I understand OP, but let's not discourage traders who are just starting. This is not applicable for most of the traders.It's better to encourage rather than discourage. Everyone has to start somewhere. Oh for sure I am not denying that it's easier for someone with a massive capital to earn money but all I am saying it we who trade small should not be discouraged and we will find our way if we persist. Title: Re: Trading Mindset Post by: Coyster on June 16, 2025, 07:53:46 PM Let’s face it, using leverage is not for everyone. You may trade with leverage, and still lose all your money. This is very correct, there are people who even overuse leverage and they only have themselves to blame in the end when they incur significant loss. Newbies should never use leverage to trade, some of them know it, but they are very greedy and still use it nonetheless.It’s a lot better to trade with a minimal amount. And when you’re in profits, you can start increasing your capital while you slowly taking away your profits one step at a time. I think so too, as a trader it is important to be very patient and not to expect unrealistic returns from the beginning, chasing something that isn't realistic is the reason many people blow out their account and eventually fail in trading.Title: Re: Trading Mindset Post by: BITCOIN4X on June 16, 2025, 07:59:58 PM ~Snip Yup and starting big doesn't always guarantee profits. Yes, a big fish is more likely to eat the small ones but there is a good chance that a rich kid comes with $100k and blow it away all in trading because some people don't know what they are doing. Following a path and strategy is important, rather than the capital amount you start with. No amount of money can guarantee you profit. I'd even say that starting with a small capital is better because your risk appetite is high and you get to trade the way you want and strategize without the fear of losing all your money.Oh for sure I am not denying that it's easier for someone with a massive capital to earn money but all I am saying it we who trade small should not be discouraged and we will find our way if we persist. I don't really like future trading, so if I want to make a profit then I will trade on the spot. Trading strategies will certainly help increase the chances of making a profit, meaning that if the strategy or approach is not right, then the potential profit is very small even though you have a large capital. Title: Re: Trading Mindset Post by: freedomgo on June 16, 2025, 08:54:16 PM Whatever that generates an income, those rich people will utilize it for the purpose of making more money, while for poor people, since they can’t manage to trade at a good amount of capital, they started trading even at a small amount not just to make more money, but to create a source of living that can provide them sustainable profits for survival.
While rich people is concerned with accumulating more of their wealth, poor people primarily aimed for survival alone, hoping that trading can make it possible for them. Title: Re: Trading Mindset Post by: sheenshane on June 16, 2025, 09:12:07 PM There's no rich or poor in trading, everyone can do trading with their own capital that they can afford.
Of course, small capital generates small profit and can easily to wiped out if you experience losses, unlike big capital for the rich, which is possible to have a big profit and might be recovered if it experiences losses. I think that's what OP meant. if there is no budget yet, train yourself with paper money instead. I tend to agree with this, and you're right.Not all struggling traders are weighed down by a lack of capital that prohibit them from trading, they can still succeed by using this method. You can practice effectively without using real money until you understand how trading strategies will be applied. Title: Re: Trading Mindset Post by: Sanitough on June 16, 2025, 09:26:46 PM The thing here is to chase realistic returns, if you control a very small position, there are certain returns you cannot realistically expect and due to your small position, you'll quickly burn out. Regardless if you are trading from a rich or poor trader’s point of view, profits are not quickly guaranteed, but every trade can still be susceptible to losses. That said, there are also traders who control a large position, but because they do not really understand trading, neither do they implement risk management strategies, they also fail in trading. So in other words, i think a traders skill is their most important asset, even before available funds. So if you trade just for the purpose of making money alone, without established knowledge and essential skills required for trading, it’s hard to attract possible profits but most likely trades are only leading to losses, even if there is passion observed on how that trader executed his trades. Title: Re: Trading Mindset Post by: Natalim on June 16, 2025, 09:43:30 PM We can’t push every trader to adopt the same mindset, that’s actually beyond everyone’s control. But as long as the trader is exercising proper mindset when trading, that’s good enough. What’s more important is the possible outcome since it reflects the final effect of that certain mindset.
Personally, I do not trade for the goal of making an income seriously, because believe it or not, trading has always failed on that case. It’s good to trade and consider making gains, but we can never rely on trading alone to give us a sustainable income. Remember, trading is like gambling, as we are dealing both on uncertain market that comes with various speculations. Title: Re: Trading Mindset Post by: alastantiger on June 16, 2025, 11:36:37 PM Fix your mindset first trading is not only about analytical skills then your mindset is also very important!! Agreed that trading depends on your mindset more than anything else because it's your mindset that determine if you'll be making the right choices. You can't be having a bad mindsets and yet you think you'll be capable of making the right choices. Trading is all about making the right choices at the right times and this isn't about only selling or buying. You'll have to buy at the right time and be able to sell at he right time too before the market starts to go against you. Your mindsets has to be sharp and you won't be losing while you're trading. You also need to have some other vital skills to keep winning but first our mindsets has to be on the right track. Title: Re: Trading Mindset Post by: AGogi2003 on June 17, 2025, 05:07:16 AM For majority, trading is a way to make money and get rich. But it takes more than interest and motivation alone, you need limitless amount of knowledge and patience, until eventually you develop your own skills and strategies that are suitable on your trades. Trading is not just making money and produce an income, but it requires sacrifices as well. So if you think that trading has only made you stressful and uncomfortable, and you’re not even growing on your craft, then leave trading. Not everyone who trade end up with positive outcomes, unfortunately some end up at their worst. Everyone trade because of profits know one trade to lose, trading is only things that can make you rich easily in the crypto space, but is very hard to achieve your goal because is not like investment, is very risk without getting enough knowledge and some experience on it he will be very difficult for someone to achieve is goals, you are right that is not everyone succeed in trading many people have drop trading because they are not seeing any improvement, just losing massively. Your mindset is your power that will keep you moving on trading and believe that you will get profit. People that stop trading if they can continue training and get patience to learn more and get some knowledge and see where they are making mistakes am sure one day they will get profit if they didn't giveup. Title: Re: Trading Mindset Post by: Leahized on June 17, 2025, 05:52:49 AM I do not trade for the goal of making an income seriously, because believe it or not, trading has always failed on that case. It’s good to trade and consider making gains, but we can never rely on trading alone to give us a sustainable income. Remember, trading is like gambling, as we are dealing both on uncertain market that comes with various speculations. It is uncertain that a trader will benefit every trade but the trade that is like the tide I can't accept it. Although each trader can properly determine the market speed through technical analysis or observation. If you are a trader, you will have an idea about it. You know that the tape that is planning is planning has to be observed in different ways and there are many expert trader who are about 90% correct and they do not have any kind of trade. However, many times the wrong decision is taken in its own unknown and therefore loses money and the mentality should be kept from these. Never break up. Title: Re: Trading Mindset Post by: el kaka22 on June 17, 2025, 06:06:23 AM We do call that mindset as risk management. ROI should be in terms of percentage of your capital and not in dollar values. This is a basic thing. Even you get chances to make a $50 profit with your $10 capital, thanks to trailing stoploss; you should not look beyond your technical. If your technical guide you for big profits, you can enjoy that but by breaching your technical things, will never get you any consistent profits. We should always have a positive mindset where positive doesn't mean unlimited profits.
Every trader should focus on having a practical trading plans and rules which must consistent of how many trades per day and how much losses should be tolerated per day and what are signals to be ticked to open a trade and where to book profit or stoploss etc. If you stick within your own plans, you can have definite good trading experience. Title: Re: Trading Mindset Post by: The Cryptovator on June 17, 2025, 09:28:07 AM From my experience, so far, I have seen most traders fail due to greedy behaviour. I am a witness to that greedy behaviour, though I am not very greedy normally, but I become greedy during trading. So don't sell when a coin has a good profit but regret it after dumping the market. Either you are rich or poor; you can't make money if you are so greedy during trading.
Trading is just not like any quick-scheme investment service. Even you poor can slowly increase your portfolio. You can't see unrealistic dreams, either rich or poor. You must accept profits based on your investment. Rich people earn more because they risk big money. As much as you take risks, you would gain higher. Also can't ignore the potential losses as well. Title: Re: Trading Mindset Post by: Maslate on June 17, 2025, 08:36:54 PM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit? Looks like that’s the point here. That’s why rich become richer while poor individuals find trading so hard to succeed that they realized they end up poorer in the long run. However, my point is, it’s not all about trading capital alone, but the skills and trading strategies matter the most, that even those rich traders have ended up losing a lot because they are not actually prepared to trade, they just want to satisfy their greed and keep imagining that trading will make them richer one day. Rich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. Title: Re: Trading Mindset Post by: Ziskinberg on June 17, 2025, 09:30:38 PM You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you. Using leverage is not all the time the key to increase trading returns. In fact, it could pave way for bigger losses if you aren’t skillful with your trades. I don’t encourage using that, it’s still safer to trade on what you can afford to lose. But for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once. However, for those who are trading at a huge capital like $100k, still profits aren’t guaranteed in the end. But if they actually know what they’re doing, and they are good in exercising proper risk management, their trades will never fail them but may give them excellent profits then. Title: Re: Trading Mindset Post by: tvplus006 on June 17, 2025, 10:49:12 PM It's all about having a good psychology. Trading is risky, and we all know that. If you don't have the right mind set, you may find your self losing too much in the market. A rick trader would only risk 1% of his funds and make money out of it. A poor trader would want to risk 100% of his funds because he wants to try to make too much profits from his risk. The rich will surely remain rich because even when he losses that 1% he has something to risk again. But the poor who went all in would be left out on potential winning opportunities... You described the process correctly, but this is not psychology, but risk management, which is part of a successful trader's strategy to reduce losses and protect your deposit. And the less risky your trading is, the lower the chance of losing your money. Conversely, the higher the risks, the higher the chance of losing your deposit. Title: Re: Trading Mindset Post by: Uruhara on June 18, 2025, 08:30:09 AM About Trading Title: Re: Trading Mindset Post by: hero_the_bossman on June 18, 2025, 09:04:23 AM It's all about having a good psychology. Trading is risky, and we all know that. If you don't have the right mind set, you may find your self losing too much in the market. A rick trader would only risk 1% of his funds and make money out of it. A poor trader would want to risk 100% of his funds because he wants to try to make too much profits from his risk. The rich will surely remain rich because even when he losses that 1% he has something to risk again. But the poor who went all in would be left out on potential winning opportunities... You described the process correctly, but this is not psychology, but risk management, which is part of a successful trader's strategy to reduce losses and protect your deposit. And the less risky your trading is, the lower the chance of losing your money. Conversely, the higher the risks, the higher the chance of losing your deposit. Agreed. You can't go and do well all the time: that is why what you described is really important. You just need to be more successful than doing bad, and there will be results, eventually. Title: Re: Trading Mindset Post by: Awaklara on June 18, 2025, 02:59:56 PM -For the poor then a place to find a living & wealth and then Interesting mindset and indeed seems to be in accordance with the reality that occurs. Those who trade with small capital can generate multiple profits from the capital they spend. But what happens is that most of them trade by multiplying their risks to generate the greatest possible profit with small capital. The greatest possibility is that consecutive losses will be obtained.with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! - The direction that most traders take with small capital ends up trading memecoin or shitcoin, with small capital and hoping to get the maximum potential from the selected coin. Title: Re: Trading Mindset Post by: Zanab247 on June 18, 2025, 03:58:31 PM Even the poor people see crypto trading as a place to multiple money too op, because they know it required capital before they can trade to win or lose. The most important thing people need to know before going into crypto trading is, they should make sure they use what they can afford to lose in crypto trading, because there are two things must involve at the end, either you win from your trading or lose from your trading but don't give up what so over you will come across in the future.
But going into trading with positive mindset will really help new traders to live long in trading, because they will like to trade their coins in a particular season that is helping professional traders to earn steady profits. Title: Re: Trading Mindset Post by: jaberwock on June 18, 2025, 04:39:01 PM Honestly, there's no poor and rich in trading; you're just thinking that poor people can't trade. For me, if there is no budget yet, train yourself with paper money instead. If this poor man becomes profitable, he will be able to join any trading contest that doesn't require a big amount. If he wins, there's a possibility he will get a funded account with around $1k to $10k. There are many online streamers who randomly give away or fund people's accounts if they guess the right answers. So there are still chances for poor people to enter into the market. He didn't say that they can't trade but he is only talking about being realistic depending on our capital. For those poor that doesn't have any money to start with, I think there were also contest that are free of admission that we can check out. Not only it may possibly give us a capital but it also gives us an experience.I still agree on some points; having a big account size has some advantages, even if you are targeting small. The important thing here is you can minimize the risk, like your target is $100 and your risk is $20. If you win the 1:5 ratio, then you will be able to earn $100. Just make sure that if you lose in one setup, don't overtrade; it's better to trade again for the next setup. I thought there is no poor or rich trading? So you are withdrawing what you said now? Hehe, and the OP doesn't said that rich has an advantage. There may be difference in the number but small amount is small amount, and if the rich can be contented with it, then why not us poor? Even though the topic is about profits but what you said there about losses is also important and that is still part of having a good mindset. Having a big-sized account doesn't mean you can beat these poor people with small accounts. Honestly, that was a start to grow an account from small to big. Title: Re: Trading Mindset Post by: batang_bitcoin on June 18, 2025, 04:51:22 PM While it's only an example, I wouldn't put $100k into risk just to earn $100 daily. Because it's not even guaranteed. I'll try to find better ways even if just for small amounts but without having to put the whole $100k into larger risk. But this comparison done by OP is real, that's how traders mostly make money. The lesser that they have, the lesser potential profit too. But the larger capital that they have, the larger chance to make more.
Title: Re: Trading Mindset Post by: Jewan420 on June 18, 2025, 05:18:38 PM Yes, you are right that a realistic mindset is needed before starting trading. There are still many people who enter trading with the goal of making a lot of money from trading, but they have $ 0 as capital. That is, they only set the main goal of making money from trading. Since they do not have capital, they start trading with some debt and start trading in a disorderly manner in the hope of more profits. Which ultimately results in the loss of all capital. "Contentment in smallness is the key to peace" This may be an example for trading.
Title: Re: Trading Mindset Post by: leonair on June 18, 2025, 05:47:36 PM You are right with your statement. The rich know how to earn money and how much money it is possible to earn. But the poor in some cases think that earning money from there is very easy so they expect a lot from there. In the case of trading, those who trade with less capital treat trading like gambling but those who know well about actual training, even with very large funds, think of profit very small and they succeed in that strategy. For those who trade with one lakh dollars, making $100-$1000 profit is very easy because it is only 0.1-1% of their fund but for those who want to make $10 profit every day with $10, their profit expectation is 100%. The expectation of making 100% profit in one day can only be done by gambling.
Title: Re: Trading Mindset Post by: Mame89 on June 18, 2025, 07:15:47 PM About Trading So if a trader with small capital has the same mindset as a trader with large capital, then it is like gambling because with small capital but expecting big profits is very difficult to happen. Because basically trading is not an arena to get rich quickly, although with trading you can get rich but that is because you have gone through a long process and of course it takes time and patience. So mindset is indeed the most important thing when entering the world of trading which is full of risks. The mindset of wanting to get rich quickly in trading usually will not last long in the world of trading. Title: Re: Trading Mindset Post by: Alphakilo on June 18, 2025, 10:31:09 PM About Trading They are going to blow their account basically because they are going to be - over leveraged - chasing losses - revenge trading - FOMOing In short their risk they will encounter in every trade will be so high that their it will be nothing short of a miracle if they last 6 months in trading. Title: Re: Trading Mindset Post by: Fredomago on June 18, 2025, 10:47:16 PM You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you. Using leverage is not all the time the key to increase trading returns. In fact, it could pave way for bigger losses if you aren’t skillful with your trades. I don’t encourage using that, it’s still safer to trade on what you can afford to lose. But for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once. However, for those who are trading at a huge capital like $100k, still profits aren’t guaranteed in the end. But if they actually know what they’re doing, and they are good in exercising proper risk management, their trades will never fail them but may give them excellent profits then. If they know what they are doing it can be an advantage having such decent amount for your investment, they can simply work with market movement and with skills and knowledge that they possess they can ride with the trend and take the profits that they can have, though still depends on how you deal with your understanding and how you will set your limits in terms of risk managements. Title: Re: Trading Mindset Post by: BitMaxz on June 18, 2025, 11:50:43 PM I thought there is no poor or rich trading? So you are withdrawing what you said now? Hehe, and the OP doesn't said that rich has an advantage. There may be difference in the number but small amount is small amount, and if the rich can be contented with it, then why not us poor? Even though the topic is about profits but what you said there about losses is also important and that is still part of having a good mindset. You might be understanding my post differently. You are laughing. It means you're a pro? Or is this a troll?We are discussing a trading mindset, not a profit; he is just providing an example comparison between having a $100k account size and a $10 account. Losing is important; it's part of a good mindset because mistakes is the ones that will help improve your mindset. Well, we have different thoughts, mindsets, and perspectives. Title: Re: Trading Mindset Post by: tottong on June 19, 2025, 03:08:59 AM -For the poor then a place to find a living & wealth and then with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! - Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre] This part looks like nonsense but we can apply small risk management with the use of capital like that and generally the profit percentage can be applied in small amounts too. But when it comes to consistent levels, it is usually difficult for people involved in trading using small capital to be disciplined because most of them will be influenced to make big profits. Ideally, not 10 dollars but an initial 100 dollars with a small risk can be applied, but must be able to be disciplined regardless of the individual's ability to handle trades. If someone can think more wisely and not completely think that trading can provide wealth in a short time, perhaps certain strategies can make them more disciplined to focus on developing their potential in trading. Title: Re: Trading Mindset Post by: EarnOnVictor on June 19, 2025, 07:40:15 AM About Trading Nevertheless, I agree with the second (for the poor) because it's not acceptable to believe you will make an insane daily profit in a risky activity like trading. But I am not comfortable with the rich people with $100,000 capital gaining $100 per day, that amount is too small. In that case, why stress yourself in trading when you can easily invest your money in companies and get your cool annual interest on it? Some companies will still offer you a 20-22% annual return on your investment, and even if it is worse, you get a deal of 18% per annual. The 18% translates to $493+ daily (including weekend pay). So why stress myself in trading if it is money I seek from the risk activity? Something that is not even guaranteed to bring the money? Bottom line: As we do not want to be greedy in trading, we should be reasonable with our earnings. Otherwise, avoid trading entirely, it won't be worth it Title: Re: Trading Mindset Post by: shinratensei_ on June 19, 2025, 07:45:50 AM First hand experience I find it easier making $100 from using $5000 than making $5 using $10.
I agree with your statement to some extent. Truth is, capital makes difference, with $5k you can trade without leverage and still make generous amount of money. With $10 to make $5 you need 50% gain, the only way for that is to use leverage then you can clear your wallet empty anytime the market shaking. It's always better to find capital first and trade on the safe zone if we truly want to build wealth. Title: Re: Trading Mindset Post by: joeperry on June 19, 2025, 07:54:57 AM I'm pretty sure it's possible to earn $10-100 per day is possible but the risk of losing is definitely higher especially using leverage. I know many people do trade and consider it as gambling like praying it would go up but it's not how it works. Some people are really desperate in earning and they don't have time to learn skills, most poor people I know that goes into trading are in for fast profit probably hear about pumps of meme coins and probably there because of the hype.
Though I know some few people who made $10k from $1k or lower, though they didn't do it in just a day, it took them months and they really struggle and they told me that it needs discipline and consistency. Title: Re: Trading Mindset Post by: FortuneFollower on June 19, 2025, 08:48:58 AM First hand experience I find it easier making $100 from using $5000 than making $5 using $10. I agree with your statement to some extent. Truth is, capital makes difference, with $5k you can trade without leverage and still make generous amount of money. With $10 to make $5 you need 50% gain, the only way for that is to use leverage then you can clear your wallet empty anytime the market shaking. It's always better to find capital first and trade on the safe zone if we truly want to build wealth. Spot is for safety, leverage - is for risks to be liquidated eventually. And yeah, leverage is there for those not having that much money, and gets them from the exchange, so to speak.. Title: Re: Trading Mindset Post by: justdimin on June 19, 2025, 09:09:53 AM Though I know some few people who made $10k from $1k or lower, though they didn't do it in just a day, it took them months and they really struggle and they told me that it needs discipline and consistency. But, question here is not about making 10k or 1k but out of what kind of capital. So, making bit profits even like 100k maybe possible for some pro-traders but what OP is trying to emphasize is, you need to plan for your profits with respect to your capital engaged in your trades.First hand experience I find it easier making $100 from using $5000 than making $5 using $10. I as well experienced this. The basic catch is, any decent profit on daily basis, good for all of us but how easily or how quickly you are making that is the real point here. With low capital, you will start feeling like getting liquidated at any time when a trade goes negative; this may not happen when you have big capital available with you to open another trade. So, big capital will help for peace of mind to trade well.Title: Re: Trading Mindset Post by: masulum on June 19, 2025, 06:35:53 PM -snip- With $10 to make $5 you need 50% gain, the only way for that is to use leverage then you can clear your wallet empty anytime the market shaking. It's always better to find capital first and trade on the safe zone if we truly want to build wealth. If someone want to take the risk of 100% loss, thy can try trading new launches meme tokens. But the main requirement to make a quick profit of $ 5 - $ 10 is to find a token that will soon be launched on dex. For example, trading on pump.fun. of course this is not the main choice, because buying new launched meme tokens, can be a loss in a short time. Therefore, I remind you again, trading to get 100% profit from $ 5 can only be achieved if finding a new lunched token. the rest, traders must be patient by scalping coins / tokens that are already listed on many CEXs. with profits that may be less than the trading fee. Title: Re: Trading Mindset Post by: ndutndut on June 19, 2025, 08:28:10 PM Mindset is the main thing in trading, it is not only for the rich, let alone the poor. The mindset that the more money you have, the more profit you will get is also wrong, trading is not about having a lot of capital or not having capital.
Because in my personal opinion, the mindset in trading is based on the way we think, when we take a stance or decision in carrying out trading activities. For example, when we trade, we must be able to control our emotions, must be disciplined, and understand the risks we get in trading. So, having a good mindset in trading can make your decisions rational, for example, with a capital of $ 10, of course it is very difficult or even impossible to get a profit of $ 1000 in a short time. Title: Re: Trading Mindset Post by: Finestream on June 19, 2025, 08:29:21 PM While it's only an example, I wouldn't put $100k into risk just to earn $100 daily. Because it's not even guaranteed. I'll try to find better ways even if just for small amounts but without having to put the whole $100k into larger risk. But this comparison done by OP is real, that's how traders mostly make money. The lesser that they have, the lesser potential profit too. But the larger capital that they have, the larger chance to make more. Obviously, you can’t make huge amount in trading if you only risk a little. Sometimes, you also need to use leverage so that you can achieve your goal profits. However, using leverage may not be good and effective for everyone, as it takes professionalism before you can make leverage works. This is why if you want a safer trading, some just settle on less risky capital, but expect that the potential profits is also small. Title: Re: Trading Mindset Post by: milewilda on June 19, 2025, 09:46:37 PM About Trading For that elaboration of rich person who do have that 100k and ith having that $100 target per day. Do you really think that they would be aiming for $100 per day? For sure they will be that trying out with that 10% gain or even more in a day. You wont be that getting contented with that amount of gain with having that bigger capital on which of course this is where risks % would be imposed and would be trying out to achieve it out. It all matters about on having that target and goals on which as a trader on where you do really need up to consider. Title: Re: Trading Mindset Post by: Charles-Tim on June 19, 2025, 09:49:09 PM Obviously, you can’t make huge amount in trading if you only risk a little. Sometimes, you also need to use leverage so that you can achieve your goal profits. This is what some traders think and become not patient anymore and they will start losing high amount of money. Leverage is the easiest means to lose money in trading. However, using leverage may not be good and effective for everyone, as it takes professionalism before you can make leverage works. Professionals do not use leverage because they know what it is.This is why if you want a safer trading, some just settle on less risky capital, but expect that the potential profits is also small. This is the best way to trade. Be patient and expect little return.Title: Re: Trading Mindset Post by: shinratensei_ on June 20, 2025, 04:56:50 AM If someone want to take the risk of 100% loss, thy can try trading new launches meme tokens. But the main requirement to make a quick profit of $ 5 - $ 10 is to find a token that will soon be launched on dex. For example, trading on pump.fun. of course this is not the main choice, because buying new launched meme tokens, can be a loss in a short time. Therefore, I remind you again, trading to get 100% profit from $ 5 can only be achieved if finding a new lunched token. the rest, traders must be patient by scalping coins / tokens that are already listed on many CEXs. with profits that may be less than the trading fee. Honestly I find pump.fun significantly a lot more risky than just leveraging trade with small margin in a CEX, too much variable that are out of our control from rug, malicious contract code, to fudding from KOLs.If we're just trying to make small money such as $5-10 a day, doing day trading makes more sense, from my experience, we can create 100% profit easy with small money and 50x leverage, just with SND technique. but never use big money because the chance of you losing your entire capital is always there if you did. if we are trading memes, we're shooting for 1000x gains not just 100% and that happens probably once in a year only. Title: Re: Trading Mindset Post by: Brainnybtc on June 20, 2025, 08:24:41 AM You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you. On this your last paragraph I think otherwise though, I think that knowledge and self discipline should be prioritized, because if you can lose $10 very quickly what makes you think that you can't lose $100,000 very quickly if you don't know what you are doing, so wether the said fellow use higher leverage or not, it will be just a matter of time before he blows his or her account because knowledge and self discipline is key in the field.But for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once. So knowing what you are doing is one vital thing a trader must know before he can stands a chance of making it in the market. Title: Re: Trading Mindset Post by: michellee on June 20, 2025, 12:18:37 PM Trading can be a way for many people to make a profit. But they must know what it need to be prepare so they can trade better. But every people will have different budget to start and we can not say that one will be better than others.
It is not about budget but how they can understand how to trade with right. Sometimes, when a gambler can make their profit, their feeling become superior than others and underestimate how the market move. They forget that market can change anytime and if they can not adapt to the current situation, they will meet a problem. And yes, I agree that fix your mindset will be necessary because if you just think about making a profit, you will chase that and not think about the lose that you get. Fix your mindset need time and that is worth to do before you ruin your trading time and end up losing your money. Title: Re: Trading Mindset Post by: masulum on June 21, 2025, 02:12:18 PM Honestly I find pump.fun significantly a lot more risky than just leveraging trade with small margin in a CEX, too much variable that are out of our control from rug, malicious contract code, to fudding from KOLs. If we're just trying to make small money such as $5-10 a day, doing day trading makes more sense, from my experience, we can create 100% profit easy with small money and 50x leverage, just with SND technique. but never use big money because the chance of you losing your entire capital is always there if you did. if we are trading memes, we're shooting for 1000x gains not just 100% and that happens probably once in a year only. That's right, this is very risky, pump.fun or similar platform, produce 95% (with estimation from 100 new tokens, may 5 will survive and shot the moon) tokens that has the potential to lose before being listed on dex. reaching the bonding curve limit is still very potential for loss. That's why I said, meme trading can cause losses very quickly. If someone joined, and already profitable, better to close equal (minimum) to the entry value, if it goes up, there is still a chance to profit from the remaining tokens. However, this is not a place to play, loss is loss and it is a money. The risk of 100% loss, once traded at pump.fun or another platform is very big, if you don't want to lose even $5, then never try trading on any meme launcher. Today, I traded memes on Base, not from the meme launcher, community token, but the top holder who holds an average of 3% of the total supply did a massive sell, finally I lost 50% from my entry :D. You are right about leverage trading, but, leverage trading will give addictive effect, just like gambling, for those with minimal capital, it is better to trade safely on the spot market, without expecting 100% profit instantly. Title: Re: Trading Mindset Post by: Fredomago on June 22, 2025, 02:30:47 PM While it's only an example, I wouldn't put $100k into risk just to earn $100 daily. Because it's not even guaranteed. I'll try to find better ways even if just for small amounts but without having to put the whole $100k into larger risk. But this comparison done by OP is real, that's how traders mostly make money. The lesser that they have, the lesser potential profit too. But the larger capital that they have, the larger chance to make more. Obviously, you can’t make huge amount in trading if you only risk a little. Sometimes, you also need to use leverage so that you can achieve your goal profits. However, using leverage may not be good and effective for everyone, as it takes professionalism before you can make leverage works. This is why if you want a safer trading, some just settle on less risky capital, but expect that the potential profits is also small. Yup! not all is capable as leverage got a huge risk behind if you don't have deeper understanding instead of making money you might lose all the way, better to keep it safe and try to learn deeper, the more you experienced things the better understanding you'll gain and sooner or later if you feel or if you think that you fully grasp all the ideas then executing strategies might help you a lot to make money. Title: Re: Trading Mindset Post by: Strongkored on June 22, 2025, 02:48:03 PM About Trading Which can be said that nonsense with the thought of the smallest capital to get the biggest profit. In trading it is highly recommended to use no more than 10% of the deposited in 1 position. So with $10 it is very possible that traders will go all in to make a profit and when they do that it is very possible to lose everything. No matter how much capital you have, it takes patience because trading is not a quick way to make money. Title: Re: Trading Mindset Post by: Fivestar4everMVP on June 22, 2025, 03:02:31 PM About Trading As tough as this may seem for most of us to believe, you are ultimately speaking is the reality for most of us, trading is very simple and very profitable when we approach it with the right mindset and with the right type of preparation.-For the rich, this is a place to multiply money, with a capital of 100,000 Dollars then trying to find consistent profit of 100 Dollars per day then it makes sense!!- -For the poor then a place to find a living & wealth and then with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! - Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!! Many have approached me telling me that they want to learn how to trade, and each time I tell them that trading requires the trader to invest alot of capital if he or she must be profitable on it, they ask me like how much?, and my answer always is that one can start small, very small like say $10, but know it that you cant be making any money with this amount as your starting capital, you can only use it to practice how to trade profitablely, if you want to go into trading and want to turn it into a business, you must invest a minimum of $5k, once they here me mention this amount, they immediately become uninterested. The poor wants to simply make money out of thin air, but do not realize that things do not work like that, making money isn't that easy else, alot of us would be billionaires today. Title: Re: Trading Mindset Post by: SOKO-DEKE on June 22, 2025, 03:05:27 PM About Trading Many poor traders are really driven by greed, chasing the kinds of profits that those with big capital are making. As you rightly said, a trader with $100 also wants to make $100 or $200 in profit the same amount that someone with $10,000 wants to make. This clearly shows a very high level of risk, and the chances of losing will always be higher compared to those trading with big capital and aiming for smaller profits and limit their risks. Title: Re: Trading Mindset Post by: DaNNy001 on June 22, 2025, 09:06:59 PM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit? Rich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. True, the mindset of a rich man and a poor man are completely different when it comes to trading..first of all, you shouldn't even be trading if you are poor because i5 would make you too desperate and this can set you off balance as a trader...a poor trader puts in a small capital and uses a high lot size but a rich trader does the opposite of that and they have more positive results compared to the poor trader Title: Re: Trading Mindset Post by: AYOBA on June 22, 2025, 10:13:10 PM When it comes to the trading, I don’t think we can compare the poor men’s with the rich men’s. Because their mindsets are different from each other, we can see that some of the poor have been involved in trading, but they never derive even a little profit from the trading, and the reason why is that where poor men can use like $10 of the money to make a profit, rich men can sacrifice more than $100 to get huge profits.
And that’s why we don’t need to compare the poor with the rich in terms of the trading. I will not even give the poor who are struggling to survive the chance to join the trading community because of the fact that trading involves so many risks, and not everybody has the mind to afford to lose. Title: Re: Trading Mindset Post by: Yanghudi on June 23, 2025, 03:46:44 AM I can't reply to you one by one it's too much to cover then I've read your input and then some agree and some disagree a little then that becomes a new insight for me because of the input you provide so then this can become a new understanding for all of us GG to all of you
Title: Re: Trading Mindset Post by: fikrett on June 23, 2025, 06:13:15 AM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit? Rich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. True, the mindset of a rich man and a poor man are completely different when it comes to trading..first of all, you shouldn't even be trading if you are poor because i5 would make you too desperate and this can set you off balance as a trader...a poor trader puts in a small capital and uses a high lot size but a rich trader does the opposite of that and they have more positive results compared to the poor trader The poor trader should learn more especially about risk management, because he wouldn't have the privileges the other trader has in the real trenches. Leverage is a friend of a such a trader, to a degree, but only if the wisdom and a cool head is with him. Title: Re: Trading Mindset Post by: dunfida on June 23, 2025, 11:59:09 AM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit? Rich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. True, the mindset of a rich man and a poor man are completely different when it comes to trading..first of all, you shouldn't even be trading if you are poor because i5 would make you too desperate and this can set you off balance as a trader...a poor trader puts in a small capital and uses a high lot size but a rich trader does the opposite of that and they have more positive results compared to the poor trader The poor trader should learn more especially about risk management, because he wouldn't have the privileges the other trader has in the real trenches. Leverage is a friend of a such a trader, to a degree, but only if the wisdom and a cool head is with him. Doing trading or learning up such skills is never been easy and if you arent that good when it comes to self control specially with your emotion then it will be affecting out overall your mentality on which this is that very bad into your part. There's no way that you can avoid mistakes and errors on which this is just that very normal but as we do move forward then we do know on what trading skill is never been that easy and never been that simple but it doesnt mean that you cant be able to learn. It all matters about persistence and patience. Title: Re: Trading Mindset Post by: qurbanshah02 on June 23, 2025, 03:41:23 PM With your mind set discussion here are you implying that it’s better to trade with big capital and aim for small profit rather than use small capital and aim for higher profit? Rich and poor obviously have a different approach due to their own circumstances like rich is trading with huge resources and vice versa for the poor. True, the mindset of a rich man and a poor man are completely different when it comes to trading..first of all, you shouldn't even be trading if you are poor because i5 would make you too desperate and this can set you off balance as a trader...a poor trader puts in a small capital and uses a high lot size but a rich trader does the opposite of that and they have more positive results compared to the poor trader The poor trader should learn more especially about risk management, because he wouldn't have the privileges the other trader has in the real trenches. Leverage is a friend of a such a trader, to a degree, but only if the wisdom and a cool head is with him. This will not happen until a person has enough money to bear their loss or has spent enough time on it. It will be easier for them. In other words if the goal is to succeed they should keep quiet and work hard. Title: Re: Trading Mindset Post by: Rockstarguy on June 23, 2025, 03:55:01 PM About Trading Quote -For the poor then a place to find a living & wealth and then Having mindset of making a living in trading is very dangerous. People with this mindset don't even have the time to make research to understand trading better. Because of the mindset they have about trading they can use all the money they have to trade because their is an expectation of making profit from trading all the time.with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! - Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre] Title: Re: Trading Mindset Post by: tottong on June 24, 2025, 09:10:29 AM Mindset is the main thing in trading, it is not only for the rich, let alone the poor. The mindset that the more money you have, the more profit you will get is also wrong, trading is not about having a lot of capital or not having capital. Because in my personal opinion, the mindset in trading is based on the way we think, when we take a stance or decision in carrying out trading activities. For example, when we trade, we must be able to control our emotions, must be disciplined, and understand the risks we get in trading. So, having a good mindset in trading can make your decisions rational, for example, with a capital of $ 10, of course it is very difficult or even impossible to get a profit of $ 1000 in a short time. Capital is quite important to determine the profit steps that will be obtained in trading, but the ability to maximize risk is needed because the greater the capital we have, the easier it should be for someone to get profit in trading. But if someone has a small capital, it will be much more difficult to determine profits in the short term. Trading involves many things that need to be considered and it is not only about capital, most people do not talk realistically because the use of $ 10 hopes to achieve a profit of $ 1000 and people's thinking like this generally fails in trading. One of the most important things in running trading and it is not about big or small profits, but how someone can set a stable profit percentage in the trading activities that are carried out, thus someone can make certain limits to avoid continuous losses. Title: Re: Trading Mindset Post by: Fredomago on June 25, 2025, 10:31:23 AM Mindset is the main thing in trading, it is not only for the rich, let alone the poor. The mindset that the more money you have, the more profit you will get is also wrong, trading is not about having a lot of capital or not having capital. Because in my personal opinion, the mindset in trading is based on the way we think, when we take a stance or decision in carrying out trading activities. For example, when we trade, we must be able to control our emotions, must be disciplined, and understand the risks we get in trading. So, having a good mindset in trading can make your decisions rational, for example, with a capital of $ 10, of course it is very difficult or even impossible to get a profit of $ 1000 in a short time. Capital is quite important to determine the profit steps that will be obtained in trading, but the ability to maximize risk is needed because the greater the capital we have, the easier it should be for someone to get profit in trading. But if someone has a small capital, it will be much more difficult to determine profits in the short term. Trading involves many things that need to be considered and it is not only about capital, most people do not talk realistically because the use of $ 10 hopes to achieve a profit of $ 1000 and people's thinking like this generally fails in trading. One of the most important things in running trading and it is not about big or small profits, but how someone can set a stable profit percentage in the trading activities that are carried out, thus someone can make certain limits to avoid continuous losses. Indeed, those traders who aim for a bigger profits without finding first the realistic profits from the amount that they invested, like what you have said, if you invest $10 and you think that you can achieved $1000 though it's not impossible as there are instances that it happened, but not everyone can do achieved it and most of those who have that mentality loses a lot as timing is important and when they experienced losses they become aggressive and lose their patience. Title: Re: Trading Mindset Post by: Lida93 on June 25, 2025, 01:24:39 PM Capital is quite important to determine the profit steps that will be obtained in trading, but the ability to maximize risk is needed because the greater the capital we have, the easier it should be for someone to get profit in trading. But if someone has a small capital, it will be much more difficult to determine profits in the short term. Trading involves many things that need to be considered and it is not only about capital, most people do not talk realistically because the use of $ 10 hopes to achieve a profit of $ 1000 and people's thinking like this generally fails in trading. One of the most important things in running trading and it is not about big or small profits, but how someone can set a stable profit percentage in the trading activities that are carried out, thus someone can make certain limits to avoid continuous losses. Loses and profits are two things we must expect from trading and it's a good reason why we must not just expect profits alone because the contrary can happen to us without any awareness. Every trader must have the mindset of expecting any kind of outcome from the market. Title: Re: Trading Mindset Post by: BitBakerr1 on June 25, 2025, 01:57:13 PM Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre] It is very important we have a positive mindset in trading and everything thing we do. Title: Re: Trading Mindset Post by: Oluwa-btc on June 28, 2025, 08:35:06 PM About Trading Very well then, because that factor is primarily essential to hold unto as a trader.Trading is risky and so traders are expected to be consistent in whatever they believe in.The fear of missing out on the benefits of been a trader is necessarily the premium push up that keeps your trading activities afloat.The mind is a great tool and As a trader,first thing first is to fix your mindset and everything falls into place. Title: Re: Trading Mindset Post by: Odusko on June 28, 2025, 11:01:20 PM About Trading Title: Re: Trading Mindset Post by: Swordsoffreedom on June 29, 2025, 03:40:48 AM About Trading Yes, large capital is an advantage but it is not the deciding factor in the results we will achieve. But as I understand, OP is not emphasizing on capital issue, what he means is mindset in trading and mindset will determine the results we achieve. Mindset is really the key in trading because if we have the right mindset, know how to control our emotions, set realistic expectations, have discipline...that will help us avoid making mistakes and achieve greater success. Title: Re: Trading Mindset Post by: harapan on June 29, 2025, 07:53:51 AM -For the rich, this is a place to multiply money, with a capital of 100,000 Dollars then trying to find consistent profit of 100 Dollars per day then it makes sense!!- -For the poor then a place to find a living & wealth and then with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! - Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre] This mindset doesn't make so much sense to me when the end product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that. Title: Re: Trading Mindset Post by: Joeboy on June 30, 2025, 12:35:07 PM Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!! Fear, greed and even impatience tends to ruin more trade than bad analysis would. That is why it is very much important to get your head into the game, have a solid mindset, cos with it, you will stay disciplined and always stick to your set plans and strategies. That is why most traders are very fond of saying this Master your mind before you master the market-Its very important. Title: Re: Trading Mindset Post by: alastantiger on July 01, 2025, 08:05:00 PM This mindset doesn't make so much sense to me when the end product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that. Good mindset is the priority for all traders, without a good mindset, you're defeated already and all your decisions will be heading towards you losing. There isn't any means which a trader that isn't optimistic about the trade they're about to take is going to be able to analyse the market accurately to get a good trade firm it. When this happens is merely luck and not because if the smartness of the trader. Trading mindset has alot of things attached to it like your frequent analysis to be done on the market to make sure you're capable of being a good trader. Being rich shouldn't make you to stake more than your budget, it isn't the amount you stake that determine if you're winning or not, it's the knowledge of the market that you have and how you make use of it. Title: Re: Trading Mindset Post by: ScamViruS on July 01, 2025, 10:57:15 PM -For the rich, this is a place to multiply money, with a capital of 100,000 Dollars then trying to find consistent profit of 100 Dollars per day then it makes sense!!- -For the poor then a place to find a living & wealth and then with a capital of 10 Dollars trying to find consistent profit of 10-100 Dollars per day then it nonsense!!!! - Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!![/pre] This mindset doesn't make so much sense to me when the end product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that. I am also a trader, so I know how important mindset and trading skills are to succeed in trading. I always think of trading as a game of knowledge, skills, and psychology. You can't ignore anything if you really want to profit from trading. Title: Re: Trading Mindset Post by: doomloop on July 02, 2025, 03:14:40 PM large capital is an advantage but it is not the deciding factor in the results we will achieve. But as I understand, OP is not emphasizing on capital issue, what he means is mindset in trading and mindset will determine the results we achieve. Few things always needed to be understood before jumping into any talk large capital is good but it's never been had impact on results at the end because if you have good mindset which can control all around then surely you are capable of having better results.Mindset is really the key in trading because if we have the right mindset, know how to control our emotions, set realistic expectations, have discipline...that will help us avoid making mistakes and achieve greater success. Positive and creative minds always have better results instead of minds which always feel they are having large capital which is enough and can give them success trading needs many things which are important because it's also had changes which always works knowledge and understanding of risk management is always important for anyone. After having well awareness about these things always needs to control emotions and have depth of understanding all consequences which are happening around during trading. Title: Re: Trading Mindset Post by: leonair on July 02, 2025, 03:24:50 PM You are very right about what you posted, most traders do not have the money but they are trading with the little amount of money that they have and they become impatient and lose all the money continuously, they use high leverage and lose. I totally agree with you. Yeah the op is quote right. a small profit does not make anyone happy whether he is trading in a very small range or with a large amount. That is why when a rich person trades with an amount of more than $10k and makes a profit of $50-100 then it is fair for him and at that time he is happy for it but when someone starts trading with $100-$200 then how much profit can he expect it should be $1-$2 per day. But even in that case he is not happy until he makes a profit of $20-$50. And because of this they gradually move towards leverage trading and later they lose their trading capital there. That is why the percentage of successful trading of poor people is much less than that of rich people.But for those that have $100000 to trade, they suppose to be making money than $100 daily even if they are patience. But they should not use leverage and they should not trade with the money at once. Title: Re: Trading Mindset Post by: Fredomago on July 03, 2025, 08:25:20 AM This mindset doesn't make so much sense to me when the end product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that. Good mindset is the priority for all traders, without a good mindset, you're defeated already and all your decisions will be heading towards you losing. There isn't any means which a trader that isn't optimistic about the trade they're about to take is going to be able to analyse the market accurately to get a good trade firm it. When this happens is merely luck and not because if the smartness of the trader. Trading mindset has alot of things attached to it like your frequent analysis to be done on the market to make sure you're capable of being a good trader. Being rich shouldn't make you to stake more than your budget, it isn't the amount you stake that determine if you're winning or not, it's the knowledge of the market that you have and how you make use of it. Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets. Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment. Title: Re: Trading Mindset Post by: YOSHIE on July 03, 2025, 04:56:56 PM Fix your mindset first trading is not only about analytical skills then your mindset is also very important!!!! You try a reasonable and positive mindset, I do not deny what you say, the facts on the ground are so, I see for themselves those who do the crypto trading method of spots, it's easy for them to get $ 100/ day.What's more the current crypto market situation, for example, the price of Bitcoin $ 105k rises to $ 109k tomorrow down again and rises again. I had thought whether the crypto market is currently being played by those who adopt Bitcoin on a large scale, like their company just buy 100BTC then the spot. If yes, it is easy for those who adopt bitcoin to print money per day they only receive $ 1k at 100 times = $ 100k per price of bitcoin rising, this really makes sense. Title: Re: Trading Mindset Post by: ndutndut on July 03, 2025, 05:49:03 PM Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets. Mindset plays a very important role in achieving success in trading. Because trading is not only about mastering strategy or analysis, but also about mindset. Without a mindset, you will be trapped in the market, even when you experience losses, you will continue to trade even though trading in a hurry and without discipline will make you experience even worse losses.Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment. You must have the right mindset so that in running your trading you do not get caught up in things that do not need to be done. So this will make you always evaluate your trading results, learn from mistakes, want to learn from experience and continue to develop trading strategies. Because by having the right mindset, you can increase your chances of success in trading and minimize the risk of loss in trading. Title: Re: Trading Mindset Post by: Lanatsa on July 03, 2025, 05:55:04 PM This mindset doesn't make so much sense to me when the end product balls down to making profits for oneself, yes the rich stake up huge amounts to get something bigger and the poor in the other hand is fighting for their financial freedom in that same vein but putting all of that aside a good trading mindset is what matters which involves knowing the right way to trade and all of that. Good mindset is the priority for all traders, without a good mindset, you're defeated already and all your decisions will be heading towards you losing. There isn't any means which a trader that isn't optimistic about the trade they're about to take is going to be able to analyse the market accurately to get a good trade firm it. When this happens is merely luck and not because if the smartness of the trader. Trading mindset has alot of things attached to it like your frequent analysis to be done on the market to make sure you're capable of being a good trader. Being rich shouldn't make you to stake more than your budget, it isn't the amount you stake that determine if you're winning or not, it's the knowledge of the market that you have and how you make use of it. Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets. Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment. When you are trying out to touch up trading space then make it sure that you have been that mentally prepared about into those probabilities and possible scenarios that you would be able to encounter. If you are someone whose that not trying out to make those kind of adjustments and would be that fixating yourself about into something then you wont be able to progress and thats a big problem on this case because you wont be able to see yourself improve as long you dont accept those learnings along the way. It all matters about on how you would be able to sustain and survive with this unpredictable and volatile space. Learning is on continous curve and there's no way that you can be able to predict on what would be the things that could happen ahead. If you do know on what you are doing and made out those actions on which you do seem that could be beneficial or helpful, then this would be the most ideal way on reacting into it. Title: Re: Trading Mindset Post by: Kagaru on July 03, 2025, 06:18:08 PM Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets. Mindset plays a very important role in achieving success in trading. Because trading is not only about mastering strategy or analysis, but also about mindset. Without a mindset, you will be trapped in the market, even when you experience losses, you will continue to trade even though trading in a hurry and without discipline will make you experience even worse losses.Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment. You must have the right mindset so that in running your trading you do not get caught up in things that do not need to be done. So this will make you always evaluate your trading results, learn from mistakes, want to learn from experience and continue to develop trading strategies. Because by having the right mindset, you can increase your chances of success in trading and minimize the risk of loss in trading. |