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

[Zoomic]

It depends on the stage you are in as a trader. For beginners, you can have all the amount of capital you need but without the right knowledge, you will be burning all the capital. That is why beginners are always advised to devote more time to learning the skill so as to increase their chances of making profits when they eventually become ready to trade. But this cannot be said about professional traders.

For those who have acquired lots and lots of trading skills and knowledge, of what use is the knowledge without capital to execute what you have learnt so far? And it is not adviceable to  trade with borrowed funds. The little capital at your disposal is capable of limiting the range of profits you should be expecting.

Both knowledge and capital are very important in trading. The stage you are in trading determines what you need the most between those two inorder to increase your chances of making profits.

[senyorito123]

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?.

Traders should learn some good alternatives like joining campaigns from airdrops and other free mini apps that could give rewards with legit outcome. Though sometimes airdrop tokens won't be successful, at least there's many of them offering a lot of rewards. You can choose another passive sources, but your patience will be measured how long you could stand the pressures of being bored of waiting.
Lack of knowledge isn't a problem if you're willing to learn with a baby steps.

[Alone055]

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.

It's an obvious thing, if you can't trade very well, you can't depend on it, but if you are earning profits from it that is enough for you to sustain your daily needs and be able to trade without any problems then you don't need another job, but that is only if you have enough money to continue trading.

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?.

I'd say that both knowledge and capital are equally important for a trader to gain success because if you lack one, you can't do it. If you have knowledge and no capital, you can't trade because you need funds to initiate your trading career. And if you have funds but no knowledge, you can't do it again because even if you have funds, you don't know how things are done and if you try blindly, you will only lose your money.

[Barikui1]

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?.

In trading, an amount as low as 10usd then you are good to go, but when you are talking of progress and ability to navigate your way in the market and be profitable, then knowledge is part of the process that will make you profitable, but to me, knowledge alone is not enough if you really want to be profitable, their are virtues you need to possess in trading that makes you stands out in the market, and they are;

* patience: without patience, it's impossible to be successful in trading, because trading is like hunting, you have to be patient enough to wait for an opportunity to make a kill.

* discipline: without discipline, it is impossible to be successful in trading, because you have to be discipline enough to not let your emotions come into play when trading.

[dothebeats]

Lack of knowledge is the main reason why a lot of traders don't really end up profiting from what they're doing--that and experience. A lot of people who have the capital dive immediately to the war room thinking they can outsmart millions of other traders and take their lunch money just because they watched something on youtube and think that everything they've watched is applicable to all scenarios. Little did they know that even experienced traders guess the wrong trades a lot of times, what more about themselves?

It's not always about the money in trading, as you can start small and increase your capital with the trades you're doing. Eventually, you'll build a sizeable fund to play with which will enable you to make more money in trading.

[Alphakilo]

Both are obstacles to making a profit.

True , you cannot have A without B. It's just like a coin with two sides .The head side of the coin you have knowledge and on the tail you have capital. Knowledge comes before capital and not the other way around because without knowledge your capital is useless but with knowledge a trader can multiply he or her capital 10 times over.

* patience: without patience, it's impossible to be successful in trading, because trading is like hunting, you have to be patient enough to wait for an opportunity to make a kill.

* discipline: without discipline, it is impossible to be successful in trading, because you have to be discipline enough to not let your emotions come into play when trading.

I'm addition to these add

intuition, - in trading I think intuition is the ability of the trader to follow his instinct when it seems the charts and his technical analysis are saying other wise.

[LogitechMouse]

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

Lack of knowledge. That's what's holding back from a trader to get profits.

I don't know if this happens, but an expert trader who has only 10$ on his trading account can just multiply his money because he knows what he's doing and his strategy works most of the time. On the other hand, a trader who has $100,000 can't make any profit if he doesn't have any knowledge or in this case, experience with regards to trading. In the end, his $100,000 will just wither away gradually until all of it will be gone.

You can have lots of capital at first, but lack of knowledge will just hinders you. On the other hand, you can start at a small capital at first, and if you know what you're doing to make continuous profit, in the long run, you will end up making more profits.

[Nrcewker]

Both play huge role in determining the profits for a particular trader. So if you don’t have either of the things, then you cannot make profit my friend. I would say both complement each other. When you have funds along with knowledge, you find the best place to invest the coin. On the other hand if you have knowledge along with funds, then you can buy with maximum capacity to make the maximum profit. Hence both is necessary and required I must say.

[Franctoshi]

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.

Even if you have the money readily available to trade but dont have that knowledge and experience required to trade, I assure you won't make profit from market, Yes both work hand in hand, meaning we also need money in order to make profit, But knowledge comes first before funds and in an occasion you think you can trade because you funds, in fact even with your millions you still cannot make a single profit so far you have zero knowledge about trading.

[Dewi Aries]

The two always go together between capital and knowledge, if for example you have knowledge but no capital then of course there will be no action to start to make a profit, and if for example you have a lot of capital but no knowledge in the world of trading then obviously you will only waste time and money. But if the question is which one of the two is more important then I think I would answer that knowledge is much more important than capital, because anyway there are now quite a lot of loan services that you can take, although trading with borrowed money is not recommended, but there are still other ways that can be done by finding additional jobs to increase your income and also so that you have money left over to allocate to your trading.

Trading is not gambling which means that the profit that will be made is very dependent on how skilled you are in trading, if for example your flying hours are very high in the sense that you are experienced and have enough knowledge and knowledge then most likely you can make consistent profits in the long run, so in conclusion I think knowledge is the main thing in trading and this is the reason why a beginner trader is more recommended to do a lot of learning first about various things related to trading, especially risk management before entering and engaging in real trading.

[Asiska02]

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?.

I feel lack of knowledge is the major reason why traders are not making a lot of money through trading. You can have all the money in the world but if you want to trade with them without having the knowledge, you’ll end up blowing your account. Likewise, no matter how little the money you use in trading, if you can understand how the market works, you can always earn handsomely from your trades. So lack of knowledge on trading is the cause of not having enough traders benefiting from it. My advise is that, newbie traders should calm down and learn and get a strategy that works best for them and not jump into trading because they feel they understand already and have some money to put into it hoping for the money to multiply immediately. Understanding trading is like a mystery that when unfold, you’ll become beneficial in it forever.

[tvplus006]

I'm addition to these add

intuition, - in trading I think intuition is the ability of the trader to follow his instinct when it seems the charts and his technical analysis are saying other wise.

This intuition should be based on the experience that the trader has gained over the previous years of trading. Otherwise, intuition will definitely fail the trader at some point and he will lose his deposit.

[stadus]

I’d say both. No one can successfully trade without sufficient amount of knowledge and even a small amount of capital. Although having knowledge will always be the most crucial one, but trading without money will still be useless. So one can only trade with more confidence if he has gained sufficient amount of knowledge and experience in the trading market, and of course a good amount of capital that will make his trading performance highly possible.

[SamReomo]

Lack of knowledge is the correct answer, that's the one holding traders back from profits. The traders who aren't knowledgeable about trading won't make any profits even if they have starting capital of $100k or $1M. The traders who lack trading skills will even lose $1m because they don't know how to make profitable traders, and how to win against the volatility of the market.

I know that there are some traders who aren't able to make profits from trading because they don't have good capital to begin trading, but that's more like an excuse because there are those traders who had very little capital to begin their trading journey and now most of those are millionaire traders. That's why I believe that the traders who are knowledgeable about trading will make profits while the ones with huge capital but less knowledge will end up emptying their accounts.

[Finestream]

Lack of knowledge is the main reason why a lot of traders don't really end up profiting from what they're doing--that and experience. A lot of people who have the capital dive immediately to the war room thinking they can outsmart millions of other traders and take their lunch money just because they watched something on youtube and think that everything they've watched is applicable to all scenarios. Little did they know that even experienced traders guess the wrong trades a lot of times, what more about themselves?

It's not always about the money in trading, as you can start small and increase your capital with the trades you're doing. Eventually, you'll build a sizeable fund to play with which will enable you to make more money in trading.

Knowledge serves as the foundation in trading, so it’s really vital to acquire knowledge first and be familiar  with how trading works in the market so that you will gain good ideas on how to make your trades successful and profitable. And of course, you won’t be able to put trading into reality if you have no funds sufficient to trade, or even a small amount will do most particularly if you are still learning the process.

These factors are always the basic requirements in trading. But as always even in other aspects, learning should always be the first focus, so you can start setting up a plan to make a certain goal become realized.

[doomloop]

I would like to draw a line here for profits because $1 is profit while making $1000 also profit as well but which one you will call successful? Definitely the bigger amount right?

Capital gives you the head start that will be really helpful to make decent profits with low risky trading strategies and all it needs just basic  knowledge about trading on the other hands one who know every nook and corner not having capital like atleast $500 that will hold them from making money in trading.

It seems you forget that each of us has our own definition of success and also each of us has our own capacity. For a not-so-rich person, earning sufficient income in trading is already a big thing for them and this is better than losing. When we are starting, I think it's the knowledge is the one that we are concerned of because money is only around the corner. After we already know the basics, we can now slowly start trading. A $500 capital is too much just to start trading and if we don't have a money yet but as long as we have a knowledge or skill, we can always think of ways and use them to produce a capital. By here, I can say that capital is only secondary.

[Dzwaafu11]

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?.

Trading is very hard to do. and the first thing that is a challenge for a trader is how to make profit and what courses lack of getting profit? It is when a trader does not know much about the market and decides to trade, because trading is very hard to learn and is not something that you will start earning in a short period of time, and that is why many traders take a long time before they start making a profit.

So, for me, knowledge is what stops traders from making profit, not capital, because before you start trading, you know that you must get capital to join, so you can’t even start it without capital. And even if you start with a small amount of capital, you will get a profit as long as you have the knowledge, so I think the main reason traders find it difficult is knowledge, not capital.

I’d say both. No one can successfully trade without sufficient amount of knowledge and even a small amount of capital. Although having knowledge will always be the most crucial one, but trading without money will still be useless. So one can only trade with more confidence if he has gained sufficient amount of knowledge and experience in the trading market, and of course a good amount of capital that will make his trading performance highly possible.

You can’t say both, because there is no way you will trade without knowledge. Even if you have the money to enter the market, you won’t do that. So the main thing that is stopping traders from making profit is knowledge, and again, you can trade even if it’s with a small amount of money. That is why they said you should trade the amount you can afford to lose. You don’t need a huge amount of money to start trading since it is not compulsory that you get a huge return at first. As a trader, you can be using a small amount that you can afford to lose to trade to avoid the fact that even with the knowledge, there is a possibility that you will still lose money.

[GeorgeJohn]

Many people who is a trader has been lamenting on this some years back saying that threading is a sad Hustle and you cannot depend on trading you can have any other job to do but try them will be as a supporter of whatever you are doing but many people think that participating in Trading will make you to active whatever thing you want job you can do so from my own understanding of trading I cannot take trading as mine major work because I know quite well at one day I'm a lose whatever thing I have to trading so it is better for me to use trading as a side Hustle.

Which of this problem is more common among traders?.

Lack of knowledge is the first problem, before lack of capital follows as a problem. A newbie to trading does not have knowledge about trading at first and also does not have knowledge about the amount of capital required to become really profitable from trading. A newbie to trading may have the idea that the little capital they have in their possession would be enough to turn them into big millionaires, but it's not always the case.

It is not that it is impossible for a trader with little capital to be profitable, it will just require a very good trading strategy and a lot of patience. A new trader with a very good strategy can flip their portfolio from a very small deposit to a very huge profit with a very good strategy but does not always happen.

basically what people really need to succeed in Trading is to know the basic functions of trading and the the rudiments of trading before, they ventured into it so I know quite well that in trading you have to understand the procedures and understanding the procedures of trading it is a personal knowledge and it has to do with a personal research..basically making a profit through trading is basically base on your strategy and what you have understood by trading. The mistake we make in trading is not to know its paths before we establish trading.

[Hypnosis00]

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 them should be addressed before we start trading, it is part of the preparation.

 - don't force yourself to do something if you don't have the capability to do as it is just a suicide
 - don't underestimate trading as we need good knowledge about trading if we want to succeed
 - it is impossible to trade if we don't have enough capital, so we need to find ways but I don't suggest of taking a loan.

Rushing is one factor that makes us lose from trading. If we want to succeed, then we also have to work hard and take time knowing the market well and learn things.

[Assface16678]

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?.

I think the least problem will be capital, I mean yes even you have the knowledge and skills but if you dont have capital then there's no point to it, but the thing is there is a lot of way to have a capital even just a little amount, imagine you have capital or funds to be used but you dont have any experience or knowledge and skills in trading then what's the point right? You're just wasting your funds. That's why, for me, knowledge and skills are the most important things to hone or polish before entering trading. The funds come next. If you are confident that you can earn in trading, you could do part-time jobs, or if you have any other way of earning, then that is great. I know some will disagree, but for me, that is my stand. It is a waste of funds or money if you don't have the most important things in trading: knowledge and skills.