You think if you have high amount of money, you will be a profitable trader

[Oshosondy]

Do not deceive yourself.

If you are earning $500 monthly, you will think you are not rich while trading.
If you are earning $1000 weekly, it would still be the same thinking.
If you earn $2500 weekly, you will still think the same thing.

Someone can earn $250 and know more about financial management than someone earning $1000 weekly just because of how they both see trading.

You see James Wynn having hundreds of millions of dollars but he was using 40x leverage and getting liquidated.

Many of us are rich or average, but trading makes it look like we can use trading to make it to the next level faster.

Many traders think of lambo.

If you have higher amount of money, but you are losing while trading with lower amount of money, the chance that you will make money in trading is still very low.

[EL MOHA]

If you have higher amount of money, but you are losing while trading with lower amount of money, the chance that you will make money in trading is still very low.

People always like to find excuses for their loss, it actually takes few people to hold themselves accountable for the loss rather they usually blame something. You see a trader with small amount of money or capital but once they get liquidated they blame the capital, instead of their own strategy or even their psychology.

It’s a known fact that as a trader once you cannot actually learn to trade properly even with small amount you cannot possibly still control the greed with large capital. There are several arguments that with bigger capital you have larger gap between you and liquidation and I say it’s dependent on how you handle that. You can have someone using 5x with small capital only to go upto 50x leverage on larger capital.

It’s never about capital but your strategy and psychology

[Donk1]

​I think it all comes down to our desires as humans we can't possibly be comfortable with a specific amount of money, even as a trader. We basically have expenses and as our income grows, so do our responsibilities and our standards. To maintain one's wealth, we often aim higher as a trader because it's never going to be enough. Basically in trading, one's income matters a lot but we can't be specific about it because even if you enter the market and increase your lot size, the possibility of you making profits from that trade is down to your analysis and strategy. And while it's understandable that higher risk higher brings higher rewards, most traders still like to lean on the risk of what they can afford to lose, just so they wouldn't blow their accounts in just one big slip. So perhaps it's easy to say a trader can make more money from the market when they are willing to risk more in the process, but one must take proper precautions regarding market sentiments.thats all....

[Perfectbaby]

From what I am sensing here, having enough money or higher amount to trade with is not the problem here but how good you are in risk management is what really matters, just as you have already explained above. Some people may have the chance of having higher income at every week but do not spend wisely, while there are people who earns lesser and still makes judicious use of the income or salaries while those who earns higher keeps wondering about those who are earning lesser. The truth is that, there some people who are so reckless with money and they think of spending every time when ever they moves out because they believed it would get replaced immediately the week is over or when the month runs out. In all, the level at which one adjust themselves in trading really matters, and let not forget that the higher leverage we use to trade the higher they could lose as well, and also the higher they could also be profitable as well but then, to be at the safer side risk management must definitely takes place.

[EarnOnVictor]

-Snip-
If you have higher amount of money, but you are losing while trading with lower amount of money, the chance that you will make money in trading is still very low.

In trading, money value is just a figure, your psychology and management plays a significant role in the use. The mindset of "when I have more money, I would be a better trader" only lives in the books, as most traders often lose all the money.

If you can't manage small capital, the chance that you would be able to manage a big capital is very low. For me, small capital is still money; if managed well could be compounded into a big amount. If a certain mind can't do that, it's highly doubtful that such a mind would do better with a better figure.

[Odohu]

This is a mindset game and why trading is mostly a game of psychology than skill. If you have very good skill but lakes good trading psychology, you may not be able to keep the profits even if you make it. On the other hand, a proper mindset understands that money management is the difference between making profits and keeping the money. To be specific, having big amount of money will only lead to higher leverages and bigger losses and in will only require time to get burnt if the money is not properly managed.

[Hyphen(-)]

If you have higher amount of money, but you are losing while trading with lower amount of money, the chance that you will make money in trading is still very low.

Very low, if you do the maths, the percentage of losses in trading will be high than your income, and that will make poor on time because you are losing enough money in trading.

If you know that you are earning high amount of money and you love to trade, don’t think about the money you are making to define you to approach trading without plan, you can’t just go into trading without much knowledge, and once you noticed you have started to lose more money than you make in trading, you should review your strategy and think of a better way to earn so that you can easily make more money instead of losing money to trading.

[YOSHIE]

If you have higher amount of money, but you are losing while trading with lower amount of money, the chance that you will make money in trading is still very low.

If I had a lot of money, I would definitely trade with minimal high risk, such as margin, futures and others.
But I will focus on trading on the crypto market using the spot method, maybe I will choose just one type of crypto, namely Bitcoin.

There is a big possibility that I will buy 2 Bitcoins.
Example:
I will buy Bitcoin price at $60k-$65k level when the price rises to $70k I will sell it, At least I have pocketed a profit of between $20k even though in the shelf time and so on I do it like that.
I consider that the current crypto market situation is indeed suitable for safer spot trading.

[Pandu Geddon]

Many traders think of lambo.

Why I am reminded of influencers who drive Lambo and say, 'If I can, you can also get it.'

I always thought that capital is important for a trader. But that's not the most important thing. Now I realize it's not about how much capital is needed, but how we grow that capital to continue profiting consistently.

[Frankolala]

Any trader that's running at loss using small capital to trade shouldn't think of using big amount of money because common sense should tell him that he's not good enough to trade with such amount of money to avoid big loss because no miracle will give you profit for using big capital to trade. This is where some unprofessional traders get it wrong, they think that big capital will lead to big profit. If you're losing more as a trader, it's better to quit trading.

[snowpega]

...
If you have higher amount of money, but you are losing while trading with lower amount of money, the chance that you will make money in trading is still very low.

I was literally expecting something else by reading the thread title, haha.
Anyway, Many people just think that if they had more money using that capital, they could make a lot of money in the trading space, as if you are trading with big capital and in case your opened trade moves in your favour then you will be going to earn a lot of money from that trade, right? But I don't know why people always ignore the fact that if big capital is offering you a big amount of profit.

On the other side of this, it can also lead you towards unrecoverable losses as well. So, I think people need to live more in real-time things rather than enjoying the imaginary world, right? So, before taking any action, we should assume all the expected/possible scenarios in real time. Well, this is my point of view. What do you think about it?

[_act_]

This is where some unprofessional traders get it wrong, they think that big capital will lead to big profit. If you're losing more as a trader, it's better to quit trading.

It is like you know some traders that are good but have lost money to trading. I know some traders around me like that, but they are losing money instead of making money? I think there is something about trading that is not good that they are not getting. I know sometimes that they will make money for days, but later they will lose. No matter how huge the money, once they begin to trade with it thinking of more life opportunities from it, they will definitely lose the money if they have been losing before.

[decodx]

As some have pointed out here, people like excuses, but some are just too limited mentally to understand.

I see this all the time in trading discords and Reddit threads: people staring at their $500 balance, swearing that the only reason they are limited is because they "don't have enough capital to make serious profits". This is pure delusion.

If you are over-leveraging and trading emotionally on a micro account, putting down $50,000 won't turn you into a profitable trader - it will only turn a $100 mistake into a much bigger disaster. More capital doesn't fix a broken strategy or an undisciplined mind. It just magnifies your bad habits and makes your inevitable crash fifty times more painful.

[mindrust]

Money attracts money. Th bigger you are, the harder to fail. Big fish eats small fish. However, no matter how big you get, the you should remember, there is always a bigger fish than you in the ocean.

Being bit has lots of advantages but having a winning strategy is more important. Starting small would only mean you’d have to wait a bit longer to get big

[Bitcoin Smith]

Stop focusing on the numbers and only focus on the percentage when it comes to profit that solves the problem of thinking that don't have enough capital to achieve what we need. I agree that one can have less capital and make profitable trades compared to someone with more capital so it all comes down to the risk management and have strategies that protect the capital over aiming high risky trades for better profits.

[shawonngp]

I think this is a misconception of many traders. Because I have seen big traders with millions of dollars constantly being liquidated, why can't they make a profit despite having so much money?
I think they are not able to apply risk management properly because they have millions of dollars and are trading without following any strategies, taking on too high risks for little profit. There are many small traders with limited funds who are able to make good profits because they trade with the minimum risk they can afford. So I think it is not possible to make a profit with someone who only has a big fund if they do not have trading skills. Many more funds will not be able to protect you from loss; rather, there is a high possibility of losing everything.

[obuoma]

This is a lie that most traders tell themselves to justify their greed. A trader that cannot manage small account balance cannot manage a big account. So, it is not always about the account size this is why the best risk management strategy is applied as a percentage of the account balance and not on the dollar equivalent. A good trading strategy should be one in which more than 1% of the account is not exposed to risk at any point in time. This will enable the trader to be wrong many times and not get liquidated.

[Zoomic]

People mistake the size of capital as the main factor to becoming a profitable trader even it's primarily never been.

It's a trader's psychology, patience and risk management that determines the outcome of their trades not the amount that was used to trade.

Just like the Op said in his illustration where James Wynn had more than enough but was always getting liquidated because of poor trading habits.

More money will only magnify whatever strategy and habits a trader has, whether they are good or bad.

[Shadiq]

If you have higher amount of money, but you are losing while trading with lower amount of money, the chance that you will make money in trading is still very low.

If I had a lot of money, I could trade without stress. There would be no more pressure to lose, so the freedom to make decisions would increase somewhat. These words are nice to hear, but in reality, trading does not require a lot of money.

If you are good at risk management, financial management, self-control management and skills, then capital is not a big issue, you can increase your money by trading with less money. Trading is not a game of money, it is not a game of rush. Rather, it is about trying to increase your capital slowly with patience. Whenever you keep moving forward in the expectation of big profits, the possibility of losing actually increases.

[Pandorak]

Any trader that's running at loss using small capital to trade shouldn't think of using big amount of money because common sense should tell him that he's not good enough to trade with such amount of money to avoid big loss because no miracle will give you profit for using big capital to trade. This is where some unprofessional traders get it wrong, they think that big capital will lead to big profit. If you're losing more as a trader, it's better to quit trading.

I often see people with this mindset, you’ll typically find it among beginner traders who are solely focused on profit. When they suffer a loss, they always blame external factors, from what they perceive as insufficient capital to market volatility and i often see them blaming their own trading methods as well. But the truth is, people who successfully achieve consistent profits are those who focus on just one or two methods, not those who switch to a different method every time they lose. And i agree, those who consistently lose with a small capital won’t be able to achieve consistent profits with a large capital, they’ll just end up wasting even more money, that’s the reality.