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Author Topic: You think if you have high amount of money, you will be a profitable trader  (Read 701 times)
Ojima-ojo
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Today at 02:28:54 PM
 #81

If I had a large amount of money, I certainly wouldn’t be a trader, but would continue to hold onto Bitcoin and shares in companies offering good returns. This is because achieving a 10% annual return on huge amounts of capital still generates a substantial amount of money, whereas achieving a 10% return on small amounts of capital makes very little difference. So, if you have a small amount of capital, you start trading with high leverage; if things go well, you make money; if not, you get liquidated and lose very little.
The question is not about you choosing from having large amount of capital to invest in Bitcoin or other assets, but about how you manage large capital in trading, something that have been the major set back that faced a lot of start up trader's, sometimes large capital in the hand of a newbie could become a dead trap for their money since they may likely increase their risks merging or start trading more higher risks asset piars.


Most importantly for a trader is to mentain a balance risks management portfolio, regardless of how much they have in their balance as trading capital, because risk management and portfolio servicing is what keeps a trader away from losing heavily in trades.

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Today at 02:37:11 PM
 #82

If you can not grow a little account, you can not also grow a large account,.it's still the same it's just that the funds are different, instead of blaming it on capital, rather try to learn more
I keep on saying that if someone is able to start with a small capital and able to grow it, it shows they are good at it and doing it correctly. If someone in unable to do it then even if you give them a bigger capital the same might keep on repeating when stretched over a long period of time.

Still I feel everyone should try with a small and manageable capital at the start, not take loans and attempt to go YOLO, only to land up in debt.

Clean and safe methods to start the trading journey will lead to a safe exit or a safe breakeven.
Losses are still inevitable in trading, so regardless if you trade with small or big capital, you won't get rid of losses. The biggest challenge here is not actually to avoid from losing, because even professional traders experience losing trades, but to generate short term or long term profits in order to grow the capital.

However, its a good start to trade with small and manageable capital at first, but that won't guarantee a profitable trade. Risk management, emotional control, discipline and a proven working strategy are the keys to make someone a profitable trader in the end.

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Makus
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Today at 03:23:51 PM
 #83

The results that you get from trading isn't really dependent on the amount of money that you have, although there's kind of an increased chance of making a reasonable amount of money if you have a high capital but it doesn't beat having knowledge and skills. There are traders that have been able to achieve something significant from starting with a small amount of money because they were patient, consistent and disciplined. Being able to leave emotions out of it and trade based on strategy you would be a successful trader even though you don't start up with a high amount of money.

Abdulzuruku01
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Today at 03:36:56 PM
 #84

If I had a large amount of money, I certainly wouldn’t be a trader, but would continue to hold onto Bitcoin and shares in companies offering good returns. This is because achieving a 10% annual return on huge amounts of capital still generates a substantial amount of money, whereas achieving a 10% return on small amounts of capital makes very little difference. So, if you have a small amount of capital, you start trading with high leverage; if things go well, you make money; if not, you get liquidated and lose very little.

Honestly it's a good idea and this is what makes bitcoin investment different from trading. If you have basic knowledge of bitcoin and understand it's risks, there's a greater chance that when you invest with a lot of money, you will make more profits from it. You know there are people who prefer trading than bitcoin holding because they want faster results, and to me this faster results is what is leading them to bigger losses. Having a lot of money doesn't doesn't make one a profitable traders, in fact this mindset alone can take a trader from big bag to an empty bag. Because what qualify someone to be a real trader isn't money but discipline, having plan, controlling emotions and understanding the risks.

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Today at 03:50:55 PM
 #85

The results that you get from trading isn't really dependent on the amount of money that you have, although there's kind of an increased chance of making a reasonable amount of money if you have a high capital but it doesn't beat having knowledge and skills. There are traders that have been able to achieve something significant from starting with a small amount of money because they were patient, consistent and disciplined. Being able to leave emotions out of it and trade based on strategy you would be a successful trader even though you don't start up with a high amount of money.

Your capital doesn't give any form of luck if you do not have the right strategy you will still blow up all the millions you are using to trade without having any profit to account for it. You only have the advantage to take different risk with your capital knowing that you still have some money left to trade if the particular trade doesn't go well and you will trade with confidence and zero emotions cause the fear of losing the only money you have will not be there same thing with the fear of losing what is not yours.

Big amounts works well when you calculate the market very well then go in withr full confidence and a very high amount to trade then you will be expecting a big outcome due to the amount you used for the particular trade.
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Today at 05:05:13 PM
 #86

Honestly it's a good idea and this is what makes bitcoin investment different from trading. If you have basic knowledge of bitcoin and understand its risks, there's a greater chance that when you invest with a lot of money, you will make more profits from it. You know there are people who prefer trading than bitcoin holding because they want faster results, and to me this faster results is what is leading them to bigger losses. Having a lot of money doesn't doesn't make one a profitable traders, in fact this mindset alone can take a trader from big bag to an empty bag. Because what qualify someone to be a real trader isn't money but discipline, having plan, controlling emotions and understanding the risks.
Do you know the biggest problem of our people? They don’t want to seek for the basic knowledge of the trading they take the trading has the simplest things that with the knowledge little knowledge they can able to profits, and the trading deserves a good skills, because that will prevent all the traders from too losing from trading. Than choosing trading I will rather invest all my money in Bitcoin and hold for a long periods of time, that will give me chance of success in future.

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JunaidAzizi
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Today at 07:13:04 PM
 #87

It's already present in humans by birth, the abdomen is never full, and we need more and more. You say trading gives a delusion that anything we earn feels like it's minimal, and we can earn more through trading. The human mind's delusion and greedy nature do not stop at a fixed amount. As responsible traders, we have to control both, and that will only come when you adopt the discipline so hard that nothing changes. The dream of making more is beautiful, but we have to learn to stop and realize that every amount is best when it is in our wallets rather than going away just by the stupidity of wanting more.

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Today at 08:56:01 PM
 #88

You think if you have high amount of money, you will be a profitable trader
People cannot be profitable traders just by having a lot of money. Of course, to be a profitable trader, you must have experience in trading and know trading strategies. Now I have a lot of money but I do not have trading experience and trading strategy, then I will not be able to profit from the trading platform with that sufficient money, but rather I will lose more. So to profit from trading, we must first gain trading experience and adopt trading strategies. Many people in this world have a lot of money. If everyone could earn money from trading platforms, then maybe rich people would become even richer by earning money from training platforms. So I will say that in any field where experience and strategy are needed, experience and strategy should be adopted first.

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