They are gambling but they think they are trading

[AakZaki]

200 $ capital makes me laugh because in some cities you can buy food for a couple of days / week no more.
Even if you get an impressive 7% or you "beat SP500" you can get a pizza!

At $200 it is usually only used by high-leverage futures traders, who dream of getting rich overnight. When liquidated they will shout don't trade. It reminds me of someone. Lol

I usually use $100–$200 when someone wants to learn how to trade, even in spot trading. And I told an analogy that with little capital it is like "a little fish bait, and the fish will also be few".

So that they can think realistically. Because the main goal is not to make big profits right away, but to learn to understand the market, control emotions, and build the right trading habits. If it has been forced with large capital from the beginning, it usually does not develop, but runs out quickly.

[Asuspawer09]

I mean for be leverage trading is already a kind of gambling it doesn't matter I guess as long as you are leveraging that just means that you are already risking since it's possible to lose your liquidity on it, so pretty much gambling in just a different kind of name in my opinion, but I guess what ever the funds that you are using or how much is it, what most matter is your capacity or can you handle it? are you the guy that can only do 10$ or 200$ somthing like that, I don't have any problem if you are risking 200$ at any trade as long as it is just a small amount in your portfolio, what I mean is you can afford to risk 200$ easily and even if you lose it, it wasn't something that is going to affect your finances. If you doing it even though you can't afford it then it is gambling and your surely at risk of losing a lot in trading, for me this is all comes down to how you are going to manage it, can you handle the trade something like that.

[Abu-Naim]

This is exactly the reason most traders are losing. The old traders which are whales know exactly how to take money from these people.

How much will you be expecting from trading in a month if you are trading with $200?

I am still confused with your explanation, are trying to tell me that people that use stop loss are greedy traders?
Or you mean it is better to take any risk you want than using stop loss to minimize the risk of losing all the money.

The question  you ask on how much are we expecting on trading monthly depends on a person; most new traders we have now are greedy, they always want quack returns that’s why they are used to high leverage trading, and using high leverage trading is very risky, they will be forced to used stop loss to avoid losing all their money at once.
If new traders can limit their high expectations in future trading, they don’t need to use stop loss anymore, they can actually make good profit in trading.

[Emitdama]

From $200 to trade, maybe I can expect to earn for 5%-10% monthly if the market is good but that could be less than 5% if the market is unknown. These situation makes us to takes any profit we earn so we can survive from trading but if we talk about the whale, they know how to make money from trading.

If you want to trade, make sure you enter at the low so you can expects the bigger profit but that will not always guarantee because you know the market moves unpredicted. You can only analyze, enter the market, buy the coin, and earn but if that is not happens, you should not gives up because that is the process to make a profit.

$200 from the country where I live is already a decent amount. And then that percent of profit you wrote there, seem not that huge but that is also okay because that is one of the practice to not be greedy.

And also, that makes us to only involve in a small risk. Trading has lots of uncertainty, so we are prone to losses. What is said earlier, make sense in order for us to survive a bad market and still have something next time for a better one. Whales are huge. Not only that but money can also link to knowledge. So if one has lots of money, then it is likely that they as well have more knowledge. But whales are well-known to cause manipulations, making their primary source of easy money.

[bitgolden]

Any type of trading that is done without any research at all, and just pure based on "feeling" or "suggestion" is gambling and nothing more. If you want to make a trade then you have to work towards it and otherwise it is not going to be good at all.

We should all realize trading isn't as simple as the people on social media make it out to be and for that reason there isn't really anything that would make you profit if you do not research it at all. This is why you should make sure that you do your analysis before you trade.

[AmoreJaz]

Any type of trading that is done without any research at all, and just pure based on "feeling" or "suggestion" is gambling and nothing more. If you want to make a trade then you have to work towards it and otherwise it is not going to be good at all.

We should all realize trading isn't as simple as the people on social media make it out to be and for that reason there isn't really anything that would make you profit if you do not research it at all. This is why you should make sure that you do your analysis before you trade.

That is true, that's why you can consider it gambling because of the high uncertainty. If you have no prior knowledge or any idea of what you're getting into, you will likely put yourself in a terrible loss.

[cyberninja2]

...

That is true, that's why you can consider it gambling because of the high uncertainty. If you have no prior knowledge or any idea of what you're getting into, you will likely put yourself in a terrible loss.

I think this is one of the things they must do to approach themselves, gaining more knowledge so they don't make mistakes in pursuing their goals, such as gambling. Gambling must be equipped with knowledge or a method to get started. If we don't have this knowledge, we might be among those who will experience losses every time we try to gamble.

So, what you said about the idea of ​​knowledge that those who want to engage in any activity, especially gambling, must have is certainly mandatory for them to have more knowledge about how it actually works to avoid losses once we start.

[jossiel]

How much will you be expecting from trading in a month if you are trading with $200?

It really differs.

I can't give figure for that with that amount. It can be big or it can be small.

Even the best trader would say that they are uncertain to give figures on that question because it depends.

If the target is $20 then that's possible but it's also possible that from positive, it can be negative balance.

[Swordsoffreedom]

Any type of trading that is done without any research at all, and just pure based on "feeling" or "suggestion" is gambling and nothing more. If you want to make a trade then you have to work towards it and otherwise it is not going to be good at all.

We should all realize trading isn't as simple as the people on social media make it out to be and for that reason there isn't really anything that would make you profit if you do not research it at all. This is why you should make sure that you do your analysis before you trade.

Trading based on feeling and suggestion is gambling. However, spending time researching and analyzing the market before trading does not necessarily mean you are not gambling.

Knowledge and discipline are two completely different thing ,and gambling come from the trader's behavior. If after doing your analysis, you do not stick to the plan and keep making impulsive decision, that is still gambling

Knowledge alone will not help you escape the mindset of a gambler if you cannot control your emotion and trading behavior.

[JeffBrad12]

Frankly if you're not using stop loss you are already using psychological stop loss by manually managing your trade and this thing is called cut loss.
If you don't like stop loss because it got triggered whenever the market price hit the SL price mark you can use stop loss time out to give time before the SL is triggered so in the case of market squeezing or a fake out your order won't get executed.

I use stop loss because in my thesis I know if the market price go below certain price mark, it will probably go even deeper so I use stop loss. No point in holding the position if my conviction is bearish.
Of course like usual, everybody can have their own strategy and opinion. Whatever works for them and make them profit because at the end of the day we're here to make profit.

[Findingnemo]

They think they are traders just because they can see some charts and price moving but they don't even know the different types of trading. I always recommend newbies to start with spot trading and if you can afford the capital just stick with it forever because in that mode only they can stil chose to hold when the preices are dropping and have the chance to see the price recover.

[Wakate]

They think they are traders just because they can see some charts and price moving but they don't even know the different types of trading. I always recommend newbies to start with spot trading and if you can afford the capital just stick with it forever because in that mode only they can stil chose to hold when the preices are dropping and have the chance to see the price recover.

There are lot of people that claimed to understand the market and trade for themselves but all they are doing is purely gambling.
I have seen so many people dropping charts they know nothing about just because they can use indicators and display it on their charts,  that purely make them a trader. I don't judge a trader by what they can do with their chart but their ability to understand how the market has been reacting to price.

[fuguebtc]

How much will you be expecting from trading in a month if you are trading with $200?

It really differs.

I can't give figure for that with that amount. It can be big or it can be small.

Even the best trader would say that they are uncertain to give figures on that question because it depends.

If the target is $20 then that's possible but it's also possible that from positive, it can be negative balance.

Of course, there is no exact number but you should at least have a target. If you do not even know how much profit you expect to make or how much risk you are willing to accept, trading can easily be driven by emotion.

Trading without a clear goal from the start make it much easier to get carried away by emotion and lose your discipline. If that continues, trading will gradually turn into gambling without us even realizing it.


Setting clear goals is crucial because if you dont know what you're trying to achieve, you won't know how to trade.

[jossiel]

How much will you be expecting from trading in a month if you are trading with $200?

It really differs.

I can't give figure for that with that amount. It can be big or it can be small.

Even the best trader would say that they are uncertain to give figures on that question because it depends.

If the target is $20 then that's possible but it's also possible that from positive, it can be negative balance.

Of course, there is no exact number but you should at least have a target. If you do not even know how much profit you expect to make or how much risk you are willing to accept, trading can easily be driven by emotion.

Trading without a clear goal from the start make it much easier to get carried away by emotion and lose your discipline. If that continues, trading will gradually turn into gambling without us even realizing it.


Setting clear goals is crucial because if you dont know what you're trying to achieve, you won't know how to trade.

It shouldn't be a specific target amount and must be a range. Because if the specific target amount isn't met, you're likely to lose it by then.

But by having a range of how much you shall profit and are happy about it. You don't have to be greedy to take and aim the highest potential profit.

We're all trading for some profits but it does really varies from time to time because of the market situation.

[justdimin]

I mean for be leverage trading is already a kind of gambling it doesn't matter I guess as long as you are leveraging that just means that you are already risking since it's possible to lose your liquidity on it, so pretty much gambling in just a different kind of name in my opinion, but I guess what ever the funds that you are using or how much is it, what most matter is your capacity or can you handle it? are you the guy that can only do 10$ or 200$ somthing like that, I don't have any problem if you are risking 200$ at any trade as long as it is just a small amount in your portfolio, what I mean is you can afford to risk 200$ easily and even if you lose it, it wasn't something that is going to affect your finances. If you doing it even though you can't afford it then it is gambling and your surely at risk of losing a lot in trading, for me this is all comes down to how you are going to manage it, can you handle the trade something like that.

That is true, leverage does look a lot like gambling and people should be realizing that if you are doing leverage without further information then you are going to basically look like you are gambling to other people.

I mean why would a normal person who doesn't risk their money away at high leverages, end up thinking that you are a trader, we usually think that you are just a gambler that is using an exchange to gamble instead of using a casino, there is literally no other difference.

[Out of mind]

It is good if you use low amount of money to trade with or without stop loss, what I do not like are people that have been losing in trading for months or years but they continue to trade, that is really very bad. This is not a matter of using stop loss or not using stop loss, it is better for such people to just quit trading and focus on holding good assets like bitcoin. Trading is the reason for the financial draw back that many people have in life.

Many people talk about stop losses, but later it turns out that they do not follow them, but they trade with a large amount of money and lose. However, those who are new to trading should keep these things in mind because starting with small amounts and using stop losses is the most important. There are some people who lock up their money while trading and keep it for years to recover it completely, but that money is never recovered. Of course, all those traders are not experienced at all, which is why they do this, but anyway, I think it is always better to control yourself and use small amounts in trading. It is true that investing in Bitcoin consistently is much safer and more valuable than trading, and those who hold on for a long time are rewarded. So I give more importance to Bitcoin investment than trading at the present time, which is a good place for money for the future.

[Dr.Bitcoin_Strange]

Personally, my opinion concerning the application of Stop lose in trades has not change, like I said before, we have different kinds of traders and from what I learned, day traders and scalpers uses stop lose more for the reason that they probably apply a high leverage and so don't want to be liquidated if price becomes too volatile and secondly, they don't even want to exceed a certain amount of lose. However, every trader knows why he or she is putting a stop loss, not a big deal if you actually know what you are doing.

 I have held a long position in SOL/USDT for 3 days+ without setting an SL limit but I was in a deep floating loss on that trade which was the reason I didn't close the trade, note that if I had set a stop loss on that trade, it would have closed me out but I didn't apply SL and my liquidation price for the contract was far. So I held the trade until the 3rd day going to 4th day before I entered in profit and closed the trade.

From that trade, I learned the advantage of not setting stop loss but I have also had several force liquidation because I thought that price won't get there and so I went to bed, only to wake up to $0 balance, that's why I like to apply stop lose sometimes (not always).

You trade with $200, but expecting profit of not more than $10 monthly is far better than expecting $2400. Those that are expecting $10 monthly from $200 has higher chance to make money in trading and not think of stop loss than people that are using $200 to trade and expecting $2400 annually which is $200 monthly or more.

True, I agree.

How much will you be expecting from trading in a month if you are trading with $200?

Assuming this money doesn't belong to me, I will have to apply proper risk management, then I can say I will do 25% profit from that $200 capital but if this money is mine ( ), I might be tempted to take more risk to see if I can do 50 or 100% in profit.

@OP, speaking of not using a stop loss, I'm curious: do you use cross margin or isolated margin?

[Perfectbaby]

For trading with $200 it is ideal for such person to be expecting at least 1-10$ in a month and this is realistic, but thinking of making $2400 from $200 account size looks very unrealistic, in fact it’s very weird to see that someone would be expecting such amount of profit trading with just 200$. In fact, without any further argument; what the trader have in their account balance is directly proportional to the profits they would be making from their trades. Even if they thinks of increasing their leverage then they quickly get liquidated because they can’t use a lower balance and expect to use a higher leverage which will quickly drain them off because they can’t hold on position for long which is very weird.

[ndutndut]

Trading can be like gambling if we have a mindset of wanting to get rich quickly especially when engaging in leveraged trading. Especially with $200 capital, it's certainly unrealistic to expect to get rich quickly. With small capital of course our profit targets must also be realistic.

If you're trading with small capital, for example $200, it's best not to expect to get rich instead use it as a learning opportunity not to focus on large profits. Learn to build discipline, manage emotions and understand price action without overwhelming pressure. Traders who immediately use high leverage and dream of getting rich quickly often end up with nothing but dreams. After running out of capital, they realize trading isn't right for you, even though you started out wrong. Therefore, it's best to start with a small amount of capital while learning and setting realistic goals. Once you're consistently profitable, then adding capital is a much wiser approach than dreaming of getting rich quickly.

[Issa56]

It is good if you use low amount of money to trade with or without stop loss, what I do not like are people that have been losing in trading for months or years but they continue to trade, that is really very bad.

When you are trading, it’s suppose to be done with any amount that you know you can afford to lose, don’t trade with big amount of money thats going to affect you  after losing. Some people think they can easily make money from trading, so they always pump money into trading, and after losing, some of them end up doing some crazy things. If you are trading and you losing continuously, then just take a break, figure out where you getting things wrong, and try to improve, if you are  losing and you keep on trading, you just going to lose all the money you trading with.