Lack of capital or knowledge, which one is holding traders back from profits?

[Natsuu]

Even though there are actually several other factors that make trading successful, such as self-confidence, risk management, and experience in the market, if you ask me which is more important, capital or knowledge, then I will answer knowledge. Because no matter how big your capital is, if you lack knowledge then what will happen is that you will make the wrong decisions in your trading and that will result in losses. However, when you have knowledge, no matter how much capital you have, then when you utilize that knowledge you can turn it into something that brings profit to you.

Not only the knowledge but the necessary market experience and psychology within it. Because you may know top-down what your strategy is but aren't able to perform due to your personal issues, then you still won't be able to make money. So don't just preach any winning strategy. At the end of the day, the real edge in trading is actually the trader and not the strategy. By that, you can turn your 10 dollars to 100 to a 1000 to a ten thousand until capital is no longer a problem for you. It's an overall skill that you need to have first to be in a profitability stage.

[OrangeII]

both are very important things. Without knowledge you can only trade by hoping for luck and that is almost the same as gambling, whereas without capital, you cannot earn anything. After all, these two are the things that are most needed in trading. There is no optimal trading without one of them. However, if you want optimal profit, then you need a lot of capital for that.

[justdimin]

This question came to my FYP on X and I could relate because at a time in my life it was the lack of knowledge of not knowing how to trade that was holding me back from making profit until I started learning how to trade from my mentor and I can make some profits when I get my reading of the market right. I also had the challenge of getting capital that I can use for trading because I was depending on my trading profits until I got to know that trading needs a trader to have other jobs because you can not only depend on trading profits when you do not know how to trade excellently. Other traders are having difficulties in trading because they do not have the right information that they need to become good traders or because they lack the capitals.

Comparing these two is like comparing apples and oranges, it has nothing to do with it. Capital is important, based on your income, if you make 3000 a month, making 300 profit a month isn't bad, making 30 is bad, but if you are making 200 a month, even making 30 is good. So, it is a thing that all depends on your income, if you want to make sure that you have capital, then you need to first invest and learn to save some money, after you reach a good level, you could start trading for some serious money.

This means capital is very important. Does that mean knowledge isn't? If you have no knowledge of how to trade, how could you make some money? You are going to need it and I believe that we are going to need to learn first, then make money later on.

[tottong]

both are very important things. Without knowledge you can only trade by hoping for luck and that is almost the same as gambling, whereas without capital, you cannot earn anything. After all, these two are the things that are most needed in trading. There is no optimal trading without one of them. However, if you want optimal profit, then you need a lot of capital for that.

Logically, how can people trade without having capital and how can they set a strategy when they don't understand how to trade correctly.
Hoping for luck will only make us lose because trading is not done once and it is impossible for us to get luck every time.
To make a profit in trading, we have to prepare capital and knowledge, but there will be times when we experience losses because trading does not always go well as expected.
Remember, that people who are experienced in trading also experience losses and that cannot be avoided.
What about beginners who do not have good knowledge when carrying out trading.

[Alpha Marine]

I think it's both and you've answered the question in your post already.
There are people have have a "lack of capital" problem and there are those that have a "lack of knowledge" problem. We can't decide which is more important than the other because they're both problems.
Without knowledge, all your capital is useless when it comes to trading and without capital, the knowledge you have won't be useful until you get capital.

Both problems can be solved and you've given the solution.
If you have a lack of capital problem, then look for a job or a source of income so you can use that money for trading.
If you have a lack of knowledge problem, make more research, find a mentor, study more and learn. Pay for courses (good courses of course, not those scam people that are everywhere)
Make use of YouTube. YouTube is a very good app for learning that people overlook a lot too.

[GideonGono]

For me it is the lack of knowledge, people with skills and knowledge could always start small and make it big because of it, but people with capital would only lose if they don't have proper knowledge or skills in trading.
There are so many successful person/business that starts with small capital, and made it big due to their knowledge and skill.

[Ndabagi01]

<snip>

What can you say about this two problems, how will you advice a trader that is suffering from any of this problems or how did you get out of the problem if you had suffered from having lack of capital or lack of knowledge. Which of this problem is more common among traders?.

Both of the two instances can make a person not to be profitable in trading. They are both important because without any one of them, you can’t place trade and be confident that it’ll give you good profits. My instance was the lack of knowledge part and I still feel I haven’t learnt a lot yet because of the winning to losses ratio one incur from time to time. Trading will only be enjoyable with both money and the knowledge. Depending on the profits you’ve made from it after being accumulated from trading, it can be used to fund your account. You just have to plan yourself and how you intend to have a way to always fund the account and trade again because practice makes perfect.

[Fatunad]

both are very important things. Without knowledge you can only trade by hoping for luck and that is almost the same as gambling, whereas without capital, you cannot earn anything. After all, these two are the things that are most needed in trading. There is no optimal trading without one of them. However, if you want optimal profit, then you need a lot of capital for that.

Logically, how can people trade without having capital and how can they set a strategy when they don't understand how to trade correctly.
Hoping for luck will only make us lose because trading is not done once and it is impossible for us to get luck every time.
To make a profit in trading, we have to prepare capital and knowledge, but there will be times when we experience losses because trading does not always go well as expected.
Remember, that people who are experienced in trading also experience losses and that cannot be avoided.
What about beginners who do not have good knowledge when carrying out trading.

Talking literally then you would really be needing that capital for you to be able to trade on which it would be the main thing that you would be needing for you to be able to trade. If we do speak about demo then its really just that fake money or balance. It is really just that good for the sake of practicing or backtesting but in speaking about real profits then there's no way that you could be able to obtain. Lack of capital is something a personal problem and you would be needing to find ways to have that funding for you to be able to have some capital because if you wont risks nothing then there's no something that you would be trading.
It would really be normal that you would really having those kind of hesitance on the moment that you would really be experiencing some doubts due to some reason.

Come to think or bare in mind that you wont really be able earn something if you wont be risking on something then you wont be gaining something.When it comes to lacks of knowledge then this is something that you would really be needing to know via real experience. We are all starting on being a noob on which it would be that understandable that all of us would be that passing into this kind of certain state on which it would be a common approach that you would be needing to adjust and learn on up the things basing up on what you do experience along the way.It will really be just that depending on you on how you
would really be hovering yourself into things on which you are really that dealing on with.

[Natalim]

Both are important things that a trader must acquire but still, they can trade without knowledge, yet it is very expected for losses. But if you are a smart person, I don't think we have to do that when we know this would be the thing we get instead of profit. Besides, trading is not a competition to think that who will come first will earn more but it is those who have capital and the right knowledge.
That is necessary to make ourselves well-prepared or else, we are making no fortune in trading. If we want to become a successful trader, then we have to equip ourselves with knowledge, skills, and enough capital.

[Russlenat]

This question came to my FYP on X and I could relate because at a time in my life it was the lack of knowledge of not knowing how to trade that was holding me back from making profit until I started learning how to trade from my mentor and I can make some profits when I get my reading of the market right. I also had the challenge of getting capital that I can use for trading because I was depending on my trading profits until I got to know that trading needs a trader to have other jobs because you can not only depend on trading profits when you do not know how to trade excellently. Other traders are having difficulties in trading because they do not have the right information that they need to become good traders or because they lack the capitals.

What can you say about this two problems, how will you advice a trader that is suffering from any of this problems or how did you get out of the problem if you had suffered from having lack of capital or lack of knowledge. Which of this problem is more common among traders?.

both capital and knowledge on trading is a big problem, as a trader you need to have a knowledge on how to do trading on a perfect way to make a huge profit and at the same time you also need a big capital to earn big, so we really need the two important thing which is knowledge and money as capital and this ks really a serious problem to small time trader we can really feel the pressure of not having enough capital and knowledge this is a sad reality.

I do agree that knowledge and capital are both crucial when trading. But if we analyze it more deeply, having lack of knowledge is the first reason why most traders do not end up successful and profitable in their trades. A trader should always gain sufficient amount of knowledge on the market and on the coins itself, so that he won’t end up making a wrong decision in trading. If he pursue trading and fail to analyze the market movement and its current condition, most probably he will suffer losses in trading. Having a good amount of capital is also important, but the first and the most vital goal should always be acquiring a good amount of information prior to trading.

[Vinaa77]

Both of the two instances can make a person not to be profitable in trading. They are both important because without any one of them, you can’t place trade and be confident that it’ll give you good profits. My instance was the lack of knowledge part and I still feel I haven’t learnt a lot yet because of the winning to losses ratio one incur from time to time. Trading will only be enjoyable with both money and the knowledge. Depending on the profits you’ve made from it after being accumulated from trading, it can be used to fund your account. You just have to plan yourself and how you intend to have a way to always fund the account and trade again because practice makes perfect.

Knowledge about trading is of course very important to be able to trade and also the funds we use in trading are of course equally important because without funds and knowledge of course it will be very impossible for us to be able to trade.
Practicing to become someone who can trade is of course very important and we must remember that when we are practicing we have to use capital that we can afford if we experience failure and that we can still correct the mistakes we made and will be able to try again.

[ShowOff]

Both of the two instances can make a person not to be profitable in trading. They are both important because without any one of them, you can’t place trade and be confident that it’ll give you good profits. My instance was the lack of knowledge part and I still feel I haven’t learnt a lot yet because of the winning to losses ratio one incur from time to time. Trading will only be enjoyable with both money and the knowledge. Depending on the profits you’ve made from it after being accumulated from trading, it can be used to fund your account. You just have to plan yourself and how you intend to have a way to always fund the account and trade again because practice makes perfect.

Knowledge about trading is of course very important to be able to trade and also the funds we use in trading are of course equally important because without funds and knowledge of course it will be very impossible for us to be able to trade.
Practicing to become someone who can trade is of course very important and we must remember that when we are practicing we have to use capital that we can afford if we experience failure and that we can still correct the mistakes we made and will be able to try again.

A lot of capital allows you or other traders to gain higher profits, but if you are not supported by sufficient trading knowledge and experience, the potential loss can be higher than the profit you expect.

Small capital that is cultivated to become large during the trading process is much better than large capital. There is experience and expertise that can be expected from this method, of course only experts are able to make small capital into large amounts. Trading requires capital, experience, knowledge and expertise, but to gain profits in the market all you need is sometimes the courage to take risks and hold longer.

Not all traders who start trading with large capital will get the profits as expected, while traders who have small capital may succeed in becoming millionaires because of their skills and knowledge. This has happened and may have been told in various places, of course it is possible.

[nara1892]

Both of the two instances can make a person not to be profitable in trading. They are both important because without any one of them, you can’t place trade and be confident that it’ll give you good profits. My instance was the lack of knowledge part and I still feel I haven’t learnt a lot yet because of the winning to losses ratio one incur from time to time. Trading will only be enjoyable with both money and the knowledge. Depending on the profits you’ve made from it after being accumulated from trading, it can be used to fund your account. You just have to plan yourself and how you intend to have a way to always fund the account and trade again because practice makes perfect.

Knowledge about trading is of course very important to be able to trade and also the funds we use in trading are of course equally important because without funds and knowledge of course it will be very impossible for us to be able to trade.
Practicing to become someone who can trade is of course very important and we must remember that when we are practicing we have to use capital that we can afford if we experience failure and that we can still correct the mistakes we made and will be able to try again.

True, both are equally important because knowledge and capital will go side by side, or that means to be able to make a profit then a trader needs to combine knowledge and capital, but if there is a question about which is more important between knowledge and capital then I think knowledge is much more important than capital, because after all as we know that the name of capital we can get from anywhere and there are already quite a lot of services that provide loans (although I understand that the idea is not recommended), meaning that when someone has knowledge but does not have capital then they still have an alternative to utilize which is to borrow money. But if someone only has capital but no knowledge for various reasons such as lazy learning or any reason then I think the trading activities they do in the end will just waste their time and money, but yes overall these two things are really needed because it is something that must be prepared by a trader.

[fauzan Ichsan]

Both of the two instances can make a person not to be profitable in trading. They are both important because without any one of them, you can’t place trade and be confident that it’ll give you good profits. My instance was the lack of knowledge part and I still feel I haven’t learnt a lot yet because of the winning to losses ratio one incur from time to time. Trading will only be enjoyable with both money and the knowledge. Depending on the profits you’ve made from it after being accumulated from trading, it can be used to fund your account. You just have to plan yourself and how you intend to have a way to always fund the account and trade again because practice makes perfect.

Knowledge about trading is of course very important to be able to trade and also the funds we use in trading are of course equally important because without funds and knowledge of course it will be very impossible for us to be able to trade.
Practicing to become someone who can trade is of course very important and we must remember that when we are practicing we have to use capital that we can afford if we experience failure and that we can still correct the mistakes we made and will be able to try again.

True, both are equally important because knowledge and capital will go side by side, or that means to be able to make a profit then a trader needs to combine knowledge and capital, but if there is a question about which is more important between knowledge and capital then I think knowledge is much more important than capital, because after all as we know that the name of capital we can get from anywhere and there are already quite a lot of services that provide loans (although I understand that the idea is not recommended), meaning that when someone has knowledge but does not have capital then they still have an alternative to utilize which is to borrow money. But if someone only has capital but no knowledge for various reasons such as lazy learning or any reason then I think the trading activities they do in the end will just waste their time and money, but yes overall these two things are really needed because it is something that must be prepared by a trader.

Knowledge is the main capital for trading, while we can obtain cash capital from various things so that we get capital for trading. Many traders are given capital from investors, but with certain contractual ties and certain agreements agreed to by both parties. because basically a trader does not want intervention, so they can think calmly and communicate with market movements

[AnonBitCoiner]

both are very important things. Without knowledge you can only trade by hoping for luck and that is almost the same as gambling, whereas without capital, you cannot earn anything. After all, these two are the things that are most needed in trading. There is no optimal trading without one of them. However, if you want optimal profit, then you need a lot of capital for that.

Agree with your opinion both have a prime space in getting profit from trading and for most of the individuals center of attention is money to make trade but don't learn for it therefore their huge money cannot give them anything in return. Knowledge minimizes your loss percentage and if you have knowledge then you can decide boldly and will have the sense to pick a good coin.

A lot of capital if someone is using to trade but don't know about trading then this can turn into zero Sum because you will not take help from your Knowledge and mind here but you want to take help from your good luck which does not suggest that you will always be profitable.

[Barikui1]

Both of the two instances can make a person not to be profitable in trading. They are both important because without any one of them, you can’t place trade and be confident that it’ll give you good profits. My instance was the lack of knowledge part and I still feel I haven’t learnt a lot yet because of the winning to losses ratio one incur from time to time. Trading will only be enjoyable with both money and the knowledge. Depending on the profits you’ve made from it after being accumulated from trading, it can be used to fund your account. You just have to plan yourself and how you intend to have a way to always fund the account and trade again because practice makes perfect.

Knowledge about trading is of course very important to be able to trade and also the funds we use in trading are of course equally important because without funds and knowledge of course it will be very impossible for us to be able to trade.
Practicing to become someone who can trade is of course very important and we must remember that when we are practicing we have to use capital that we can afford if we experience failure and that we can still correct the mistakes we made and will be able to try again.

True, both are equally important because knowledge and capital will go side by side, or that means to be able to make a profit then a trader needs to combine knowledge and capital, but if there is a question about which is more important between knowledge and capital then I think knowledge is much more important than capital, because after all as we know that the name of capital we can get from anywhere and there are already quite a lot of services that provide loans (although I understand that the idea is not recommended), meaning that when someone has knowledge but does not have capital then they still have an alternative to utilize which is to borrow money. But if someone only has capital but no knowledge for various reasons such as lazy learning or any reason then I think the trading activities they do in the end will just waste their time and money, but yes overall these two things are really needed because it is something that must be prepared by a trader.

Knowledge is the main capital for trading, while we can obtain cash capital from various things so that we get capital for trading. Many traders are given capital from investors, but with certain contractual ties and certain agreements agreed to by both parties. because basically a trader does not want intervention, so they can think calmly and communicate with market movements

That's just it bro, your just on point, the principal thing that needs to be obtained in trading is knowledge, because without knowledge it will definitely be fruitless engaging in trading activities, it will be from on losses to another, but if you have the required knowledge to navigate your way in the market and comes out profitable, you can even start with the least 5us dollar, and grow it to your desired capital you wish, or you can even decide not to trade your own money, but investors money, because that's what most of these successful traders do nowadays.

Something that should not be considered even though you have the desired knowledge is loan, am actually not a fan of taking loan to trade, because it puts you under unnecessary pressure, and in trading it's advisable to trade with only what you can afford to lose, and I believe that you definitely can't afford to lose that money, so when some people are talking of taking loan to trade, I just smiles, because they actually don't know what they are saying.

so In essence of all this is that knowledge is the principal key that a trader needs to succeed in trading, then as for the capital, I believe that every trader will be able to afford 5usdt, so it's best to start with it or trade with investors money if you have them at your disposal, so lack of knowledge is what have held most traders back, not capital.

[nara1892]

True, both are equally important because knowledge and capital will go side by side, or that means to be able to make a profit then a trader needs to combine knowledge and capital, but if there is a question about which is more important between knowledge and capital then I think knowledge is much more important than capital, because after all as we know that the name of capital we can get from anywhere and there are already quite a lot of services that provide loans (although I understand that the idea is not recommended), meaning that when someone has knowledge but does not have capital then they still have an alternative to utilize which is to borrow money. But if someone only has capital but no knowledge for various reasons such as lazy learning or any reason then I think the trading activities they do in the end will just waste their time and money, but yes overall these two things are really needed because it is something that must be prepared by a trader.

Knowledge is the main capital for trading, while we can obtain cash capital from various things so that we get capital for trading. Many traders are given capital from investors, but with certain contractual ties and certain agreements agreed to by both parties. because basically a trader does not want intervention, so they can think calmly and communicate with market movements

Of course, as you said, knowledge is the first capital in involvement in the world of trading because our goal here is to make profits and profits can only be obtained when someone knows how to get them, and yes we also can't forget about other capital, namely money as a tool. or an intermediary that is used every time you make a decision, and as I said before, knowledge is much more important than capital.

Because on the other hand, as you said above, there are also many investors who want to give us capital, even though the process is quite complicated when you trade on a profit sharing agreement with other people, but yes, if there is no other way then there is no harm in take advantage of investors by accepting the capital offers they provide, but overall it is clear that it is better not to have anyone interfere with your trading activities, meaning it is better to find money first, such as looking for a job or whatever it is that can give you something to do. trading capital.

[tottong]

Come to think or bare in mind that you wont really be able earn something if you wont be risking on something then you wont be gaining something.When it comes to lacks of knowledge then this is something that you would really be needing to know via real experience. We are all starting on being a noob on which it would be that understandable that all of us would be that passing into this kind of certain state on which it would be a common approach that you would be needing to adjust and learn on up the things basing up on what you do experience along the way.It will really be just that depending on you on how you
would really be hovering yourself into things on which you are really that dealing on with.

The best thing is not to risk it but to learn first before getting involved in it.
Taking risks without knowledge will only cause problems because you will not be able to solve problems when trading does not go according to plan. How many people risk not knowing how to succeed in trading and I can assure you it was a bad decision.
Basically everyone starts from beginners but we learn to improve our knowledge in order to be better prepared for trading. Without learning about trading first, taking risks is a bad decision because you don't understand how to trade properly.

[gabbie2010]

It’s more of a Lack of knowledge that trader is holding back to make a good profit because regardless of your capital as long as you know how to trade properly, you can have a good profit.

In trading, your knowledge is very important as you need to analyze the market the right way and also need to know how indicators works because trading is more about probability and analyzing, if you will just depend on any guess trade, then don’t expect to make profit.

I quite agreed with you on this issue because once the proper knowledge in trading is acquired other factors are minor, now a profitable forex trader can purchase a 5K prop account from a trading firm at a price of $20 with profit sharing after making some decent profits likewise in cryptocurrencies trading via Future trading a knowledgeable trader can also earn decent profits with a reasonable leverage thus above all knowledge in trading is the paramount aspect to learn in order to be consistent in earning profit, of course lack the knowledge would definitely lead to account liquidation and loss of funds.

[Zanab247]

It’s more of a Lack of knowledge that trader is holding back to make a good profit because regardless of your capital as long as you know how to trade properly, you can have a good profit

First, you need to have the knowledge of crypto trading before jumping into trading with your capital, because you will begin to see something you have red about crypto trading and it will help you to earn well when you follow up the right step to trade in the market.

There is something I noticed from some traders in the market when they have the capital to buy coins from the market, you will see the sign of crypto skills in them because they will like to buy coins when the price is dumping and hodl till the price pump higher.

In trading, your knowledge is very important as you need to analyze the market the right way and also need to know how indicators works because trading is more about probability and analyzing, if you will just depend on any guess trade, then don’t expect to make profit.

Once you key to your knowledge in trading, it will be difficult for others traders to deceive you to trade in a wrong season because you will surely know the season that will bring profits to you before trading in the market.