I was asked if our balance determines what you profit from trading?

[Peanutswar]

I would want to know from others here if truly their account balance determines what they would profit as a trader.. but then I have to think twice and said that our balance is not a product of our profit rather this is a factor of our in depth knowledge and understanding towards trading. You can have a sizable account balance but if you don't know what you are doing you would still end up losing them all so you should be able to know what you are doing.
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Well the portfolio gains is just a reflection of your profit in trading so if your capital gains and increase the amount of course you are winning actually most of the CEX ive been using for futures trading has a feature if showing how much money you earned through out tradng so you can see this as a reflection if you are profitable or not this perks does not include the deposited amount instead trading gains only. Also if you want to copy trade of course win rates are the one we are checking too.

[michellee]

Even you have a large account balance, you can't always gets larger profits as that depend on the coin you buy. If the price can jumps so high, your profits will be very big. Trading requiring technical and fundamental analysis so without that, you will difficult to profit and select the coin and even if they rely on signals trading, they will difficult to profit. But if you have all things needed, making a big profit will not difficult as you will have that chance more than others.

[noorman0]

Yes, your balance is everything.

If you don't have it, you won't earn.
If it's too small, you might end up placing random orders/positions that don't yield satisfactory or disappointing results.
If it's large enough, it will force you to learn technical analysis, create optimal setups, control your emotions, and manage your trading time.

[justdimin]

I would want to know from others here if truly their account balance determines what they would profit as a trader.. but then I have to think twice and said that our balance is not a product of our profit rather this is a factor of our in depth knowledge and understanding towards trading. You can have a sizable account balance but if you don't know what you are doing you would still end up losing them all so you should be able to know what you are doing.

For you to profits as a trader you must learn to work on your emotions, which includes risk management and knowing the right time to enter trade and when not to enter trade. In fact you must also understand your candle reading, which includes technical and fundamental analysis in other to understand how the market is moving and this is not all, you must also learn to control your greed index otherwise you could lose after some good profits from the previous trades. However, having a sizable account balance doesn't really attributes to how successful you could become if you don't have the right knowledge of trading.

Depends, it depends on how you use it. A small balance means that you are not going to profit enough to make sense. Someone with a 100 dollar balance, can't make that much profit, I mean you can make 10% per day, and you would still have just 10 dollars per day, not a bad one and if you put it on top and repeat and keep doing that then yeah you will get rich eventually, but let's face it, nobody makes 10% a day everyday, so a small balance means small return, not enough to care.

But, if you have a big balance, there is no guarantee of profit neither, and you may end up losing money as well. So you are not going to get anything great out of this, the results may not be all that great for you in either case.

[The Cryptovator]

I would want to know from others here if truly their account balance determines what they would profit as a trader.. but then I have to think twice and said that our balance is not a product of our profit rather this is a factor of our in depth knowledge and understanding towards trading. You can have a sizable account balance but if you don't know what you are doing you would still end up losing them all so you should be able to know what you are doing.

I have to admit balance doesn't determine we are always in profit. Sometimes we may lose as well, which would reduce your balance, but definitely we earn experience from that—how we should move forward into the next trade. That's how our balance would become profitable once a day. Trading isn't magic from where we may just make money easily.

However, at the beginning, we may need to struggle with learning and trading as well. We have to take lessons from the previous lost trade, why it went to loss. Then we may develop ourselves to perform profitable trading.

[bangjoe]

Balance is capital anyone should have it the bigger the better, and you are right without knowledge and ability in the field of technical and fundamental analysis will be very difficult to benefit even though it has a large balance in addition to analysis have skills in self-control it is also a very important part because this is what will make us, in trading the ability that is tested is included in absorbing very fast moving information that can change market sentiment and strategies in executing this is sometimes missed but in my opinion important.

[DPHOR]

I would want to know from others here if truly their account balance determines what they would profit as a trader.. but then I have to think twice and said that our balance is not a product of our profit rather this is a factor of our in depth knowledge and understanding towards trading. You can have a sizable account balance but if you don't know what you are doing you would still end up losing them all so you should be able to know what you are doing.

I have to admit balance doesn't determine we are always in profit. Sometimes we may lose as well, which would reduce your balance, but definitely we earn experience from that—how we should move forward into the next trade. That's how our balance would become profitable once a day. Trading isn't magic from where we may just make money easily.

However, at the beginning, we may need to struggle with learning and trading as well. We have to take lessons from the previous lost trade, why it went to loss. Then we may develop ourselves to perform profitable trading.

Yes that is true, learning from our mistakes is what position us to learn and develop ourselves more better so while looking at our balance size we should at least makes some corrections while trading. Of course there is no magic involved in trading and expect to double our balance without us having to know the right strategy to apply while trading, only the right strategy can only boost our balance without if such trader knows what they are doing at the right time.

[Dr.Bitcoin_Strange]

The amount that a trader uses to enter a trade position can actually give them a big or small profit depending if the amount is big or small too and also depending if the trade was successful. I really do not advice a trader to invest a huge amount into trading simply because they are targeting a high profit but rather let the person put an amount that they can afford to lose.  If someone is trading with $1k (full margin) and another person is trading with $10k (full margin), a 1% profit in both accounts will actually be different because of their capital power. However, having a sizeable trading capital is not what determines success in trading, one could still have a small capital but if they know what they are doing, they can scale up over time.

[Freeveto]

I would want to know from others here if truly their account balance determines what they would profit as a trader.. but then I have to think twice and said that our balance is not a product of our profit rather this is a factor of our in depth knowledge and understanding towards trading. You can have a sizable account balance but if you don't know what you are doing you would still end up losing them all so you should be able to know what you are doing.

If talking about balance to determine profit in trading will be in a discussion, it should be the amount we use to trade because that is what is highly significant that determine the amount of profit a trader will make while trading.
A trader that uses $100 to trade, if they have 20% profit in their trades, they automatically have $20 as profit, while a trader that uses $10 as capital to trade will have just $2 as profit. Usually, this profit is small for low capital trader, but is enough for a trader who uses more amount of money as capital. This same thing applies to traders that uses thousands of dollars to trade. The higher your risk, the bigger the reward, but it is very important to note that, the same way you see big money as you get profits, that’s the same way you will lose if the trade failed.

[Miles2006]

Having a nice balance to help sponsor trade journey is really best because at some point knowledge only can’t give huge reward without sufficient money besides all this has to do with risk so the bigger the balance the bigger the risk likewise reward so it’s normal to say a nice sum of amount helps but, can’t determine our profit making either huge or little nothing is predictable in the trading market, firstly the most important thing to consider when trading is knowledge afterwards patient then we can consider sufficient money as a third factor.

[CryptopreneurBrainboss]

However, having a sizable account balance doesn't really attributes to how successful you could become if you don't have the right knowledge of trading.

Occasionally it does but that shouldn't be your main concern as a trader because you can have a high balance but lack the skillful ability to make use of the capital very well. A millionaire isn't a millionaire because he has millions but he is a millionaire because he can make millions out of any amount you give to him. You can give someone 1 million and the next day they are broke so that can also be attributed to trading, as a trader can be given a high capital but he loses everything before he makes more than 10 trades. You have to be skilled and capable of handling high balance before you start looking at how much you have in your account then increasing your risk tolerance to trade more. What you need as a trader is a good strategy first and with that you can build any amount in an account to a higher figure and that is the right way to go about it instead of burning through a high account because of lack of trading skill.