Percentage of money advices to trade with

[Hyphen(-)]

Trading is not gambling but it is very risky also because most traders are also losing. But with small right strategies and patience, losses can be minimized while profit can be achieved. People think the right strategies starts with the percentage of money used for trading from their income

Most people that refer to trading as gambling are people that are new to trading and are not willing to take their time to learn before starting to trade, they mostly depend on some strategies and signals from their so called trading experts and whenever it fails they call it gambling simply because some of the signals do work while some of them lead to liquidation.

What percentage of someone's income do you think is advised to be used for trading?

I think this will depend on our respective experience and knowledge about trading; if I truly trust my strategies, I can risk 50% if my earnings on trading because I believe I can’t just lose all because I don’t just trade without any knowledge and even though there is risk involved, I am very sure I can’t lose all the money at once and Ben though it is possible to lose all at once.

[Swapter.io]

I never really thought about what percentage of my income I was investing in crypto — it was always just a fixed amount. But now that I’ve considered it, I realized I’ve been investing 7% of my income. Maybe that’s too little, or maybe it’s too much.

I recently read up on how much one *should* invest and found that 5% is considered the optimal number. Anything more than that is seen as risky. I never based my decision on a percentage of my income — I always just thought about how much money I wouldn’t mind losing. That’s how I ended up at 7%

[Stepstowealth]

What percentage of someone's income do you think is advised to be used for trading?

Just like the percentage of your income you should use in gambling, which is an amount of money you can afford to loose, it is the same amount of money you should use in trading especially when you are not certain yet of your skill set. Do not trade with money you know you cannot loose because loosing such will cause depression that can end one's trading intentions. I also say that you should not borrow money to trade with because it can put you pressure to trade always.

[Dr.Bitcoin_Strange]

Well, it depends on the individual's skill. If the individual is very professional already and they believe that they can manage risk and maximize profits, 30% is not a bad start. But if the person is just a starter that has finished learning how to trade but wants to try it with real money, I don't advice 30%, the person can go with 5-10%. From your poll, the reason why I chose 30% is based on my own capacity and not for anyone else.

[yudi09]

I have noticed that people are advised  to gamble with 2% of their income while some said the advised amount to be used for gambling should not be more than 1% of their income.

Trading is not gambling but it is very risky also because most traders are also losing. But with small right strategies and patience, losses can be minimized while profit can be achieved. People think the right strategies starts with the percentage of money used for trading from their income

What percentage of someone's income do you think is advised to be used for trading?

Can't determine what percentage of money can be used for trading. I compare it myself with the percentage of money I use for gambling is greater for trading. If I gamble I don't increase the percentage when I lose, in trading I have increased the percentage on certain types of coins under certain conditions.

I don't equate the percentage of trading with the percentage for gambling. The money I get from trading profits is also not the same as the money I get from gambling. If in gambling I rarely win and don't force it, it's different in trading, including experience and profits.

[_act_]

Well, it depends on the individual's skill. If the individual is very professional already and they believe that they can manage risk and maximize profits, 30% is not a bad start. But if the person is just a starter that has finished learning how to trade but wants to try it with real money, I don't advice 30%, the person can go with 5-10%. From your poll, the reason why I chose 30% is based on my own capacity and not for anyone else.

You are right that professional traders that have been making money from trading for over a long period of time can use 30% of their income to trade but you are not really right about 5 to 10% for newbies to use to trade because it is still high in amount. It is better a newbie should use like 1% to trade because he will lose the whole money he used to start trading. But if the newbie is able to afford to lose 5 to 10%, he can use it but I do not think it is good to know that you will lose money and still use up to that on something that will still make you lose all. Patience is also important in trading. Starting with small amount of money can be helpful.

[Botnake]

I chose 1% if you are still in the learning and gaining some experience process. Beginners are highly prone to losses so if they decide to trade, that should be something they would be so comfortable to lose. However, if you have already developed your skills and have proven effective strategies, it’s not bad to increase the capital into 5% of your income.

Trading can give us huge and fast profits, only if we know well how trading works. But it could also lead someone to bigger losses and failures, when someone trade for greed, by not risking on what he can afford to lose.

[tvplus006]

...Also, how successful are your trades? If you can generate a reliable profit from your trades then you can increase the amount of money in your trading stash.

This is exactly how a trader loses money when it seems to him that he has become successful in trading and increases the percentage of his deposit to open an order, thereby violating risk management. Not everything depends on the trader, there are many more factors due to which the price can move in the opposite direction to your expectations.

[Zigabel]

I have noticed that people are advised  to gamble with 2% of their income while some said the advised amount to be used for gambling should not be more than 1% of their income.

Trading is not gambling but it is very risky also because most traders are also losing. But with small right strategies and patience, losses can be minimized while profit can be achieved. People think the right strategies starts with the percentage of money used for trading from their income

What percentage of someone's income do you think is advised to be used for trading?

Using a certain percentage of your in come or the money you have at hand does not make you get that assurance that you are going to trade right or not but its very important you have a strategy and  a good risk management that will determine how much you are going to risk at a time trading. most times people do mistake the position of a good risk management for strategies but they forget that with a god strategy and a poor risk management you may still get to loose all of the money you have got and still not become profitable as a trader but if you have the right risk management, you are going to have the chance to stay a bit longer in the market and have the chance to make some more profits and recover form the losses you had suffered.

Trading isn't about strategy alone but a lot about risk management because that has got a lot with determining how much you are going to loose or make if your strategy plays out the way you had hoped it does but if you don't have a good risk management, for every time your strategy fails you may get liquidated and your psychology is definitely not going to be in its best shape and that may even add to getting even more losses, unstable psychology can lead to poor emotional management and still cause the trade to stay unprofitable.

[Ararbermas]

For me personally, i would say to trade what amount you can afford to lose. Because the outcome will be depends on the amount you trade wether you loss or win. Especially on trading crypto which so volatile and if you don't use to set stop limit there's a high probability the amount you trade will disappear immediately. And even let say you have risk management and its 1:2 ratio. Make sure that 1% , will not hurt you Coz after that for sure you will chase your losses which a bad idea as it's the main reason traders burned their account.

So trade responsibly, set a limit to trade and you must know what will be exact amount to risk to avoid regrets. That's my advice. And for me the best amout to trade is 50 percent of my capital. but i will set the risk to 0.50 to 1% to avoid from big losses.. if i have small amount of capital still the same .

[GreatArkansas]

(....)
What percentage of someone's income do you think is advised to be used for trading?

I think the good question here is "what percentage of someone's money they are fine to lose?"
Because let's say if you have a huge amount of money and even 1% of that is something you don't afford to lose, it's not good. Trading is risky, you can't guarantee how much your capital is.

[shinratensei_]

Honestly if I were in a pinch and need money for trading I'd save up as much money possible for this month and the next month I'd start trading with the left over money.
But generally, I think most of people use 1% of their portfolio (not income) for future trading or even spot to minimize risk, so if you lose you only lose 1% and making that 1% back is a piece of cake.

If it's income, I'd go bigger, maybe 30%, what's the point of trading with super small money anyway, just stress and small profit.
Basically waste of time for me if that's the case.

[Peanutswar]

It depends on the strategy base on my experience im doing with the isolated or kind of cross strategy which in isolated strategy you are using the capital youve been use only to make a position and not the whole balance of your futures now base on that i make a trade stop loss with the 10 percent of my capital so I didnt burn it all off in just single trade the same way with the cross trading i make a 10 percent lf the capital to make a position but of course quite different you have a larger margin to get liquidated on this but it can cause your whole balance in futures. Now with the suggestion it depends on the traders willing to make a risk on if they are confident to make trades.

[Popkon6]

I have noticed that people are advised  to gamble with 2% of their income while some said the advised amount to be used for gambling should not be more than 1% of their income.

Trading is not gambling but it is very risky also because most traders are also losing. But with small right strategies and patience, losses can be minimized while profit can be achieved. People think the right strategies starts with the percentage of money used for trading from their income

What percentage of someone's income do you think is advised to be used for trading?

Everyone can trade with some of their income, but they can only trade with as much money as they can afford to lose. If you face losses later with excess money, don't be angry with yourself or your mind, but I think it would be best if you could trade with $100.
Because if you make some profit in every trade, sell it, buy at a low price and sell at a high price. There is no need to rush into trading, but you have to trade with trusted coins, among which Bitcoin is the best to trade.

[LogitechMouse]

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What percentage of someone's income do you think is advised to be used for trading?

I have no specific percentage on how much someone can be used for trading.

I mean in my case, I don't have a specific percentage of my total income that's going for trading. My mindset is that, whenever I put money into trading, I want to make sure that I end the week making profits. I don't care about how much do I need to put, but I'm making it sure as well that the money that I'm putting into trading will not affect me negatively if I lose that money.

Well, if I will put a certain percentage, I guess I would say around 5-10% would be the recommended one but there are some factors to it of course. Is that 5-10% of your total income will not affect your expenses? Is that 5-10% of your total income that will be going to trading fine for you, and you will not be affected negatively if you lose that money? If yes, then try to do it. It's just that, not all have a specific amount of money that's being put to trading.

[Rgram]

I have noticed that people are advised  to gamble with 2% of their income while some said the advised amount to be used for gambling should not be more than 1% of their income.

Trading is not gambling but it is very risky also because most traders are also losing. But with small right strategies and patience, losses can be minimized while profit can be achieved. People think the right strategies starts with the percentage of money used for trading from their income

What percentage of someone's income do you think is advised to be used for trading?

For me I’d say as per the market isn’t guaranteed for anyone even a pro, just risk what you can afford to lose without is affecting your psychology..

[Wind_FURY]

What percentage of someone's income do you think is advised to be used for trading?

Shouldn't you calculate the percentage of money you may not need for the next six months (after deducting expenses and emergency funds)? Setting a fixed percentage of income will lead to disastrous results.

The percentage is determined according to the market. In a bull market, I recommend no more than 3%, while the percentage may rise to 20% in a bear market and for long-term investment in Bitcoin.

It should probably depend on which part of the bear cycle. If there's a high probability that it's close to or in the actual bottom of the bear cycle, which usually the price is near, touches, or goes below the 200-Weekly SMA, then depending on your situation, you could increase it to most of your savings.

A single person with no responsibilities, and a stable monthly income? Take advantage of that situation.

[Obari]

I don’t know of the exact percentage that should be used for trading but what actually matters is that, we only trade with amount that we can afford to lose and regardless of how much we choose to trade with, it is always best that, we can bear the consequences of investing such amount.

If it's income, I'd go bigger, maybe 30%, what's the point of trading with super small money anyway, just stress and small profit.
Basically waste of time for me if that's the case.

I guess the 30% also depends on how your salary is and if maybe you earn $10k in a mont a salary, it will be unwise for you to trade upto 30% which is about $3k and I guess in this instance, trading with 10 percent which is $1k isn’t a bad idea since you’ll be trade more for fun  and as side hustle rather than a full time job.

[Jewan420]

What percentage of someone's income do you think is advised to be used for trading?

In this case, I will use experience as a criterion. If you are an experienced trader, I will advise you to trade up to 10% of your income. Because an experienced trader has a higher probability of earning and I believe an experienced trader will not lose all his money because he has a lot of knowledge about trading and also knows how to control his emotions, due to which his chances of losing are low. If you are a young trader, I will advise you to use only 1%-2% of your income. Because it is impossible to get back the money you use to trade. Because even if you make a profit, you will lose to emotions because you are not experienced. Although the same thing does not happen in all cases.

[Finestream]

I have noticed that people are advised  to gamble with 2% of their income while some said the advised amount to be used for gambling should not be more than 1% of their income.

Trading is not gambling but it is very risky also because most traders are also losing. But with small right strategies and patience, losses can be minimized while profit can be achieved. People think the right strategies starts with the percentage of money used for trading from their income

What percentage of someone's income do you think is advised to be used for trading?

Actually the 2% advice is good for my own opinion on that matter. Of course to avoid the so-called addiction. And it is also good that we can practice from the beginning limiting ourselves
in terms of the fund that we will enter into any casino platforms here in cryptocurrency.

But if your income is already ranging from 2000$ every month maybe 2% is a lot, it is better to just do 1% if that is the salary or income of the gambler.
This is just my own perspective and opinion so as not to lead to addiction.

If you really want to make your trading create an impressive profits, you don’t have to stick with 1% or 2% amount of capital. That will only limit your potential profits. But it also depends on how skilled or experienced you are when it comes to trading.

Otherwise, if you are still starting to learn trading process, don’t go all-in, but trade a very small amount. Once you’ve seen progress and development on your outcome, for me that’s the best time to also level up your trading capital.