There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
To come in trading, first of all we should fix the mindset and make all kinds of preparations for trading. How is it? For example a person who has practiced trading on a demo account then realizes that he is good enough to trade, but at that moment he has no minimum capital. Then he lacked the mentality and preparation to trade. And it is not at all that only the rich are suitable for trading. Anyone can learn to trade and do business. Because there are many examples of people who have become rich with very little capital. 
Topic: Should trading be for the rich? (Read 2425 times)
We all know that the poor fo not have the kind of fund the rich would be using to trade in the market.
Our capital in trading would determine how much we can make from the market. It is good we are prepared and planning to ride the market price which is one of the ways we can make money from the market. There erad are lots of opportunities we can take to earn from the market buying the dip which could earn us more rewards when price starts going bullish..
Our capital in trading would determine how much we can make from the market. It is good we are prepared and planning to ride the market price which is one of the ways we can make money from the market. There erad are lots of opportunities we can take to earn from the market buying the dip which could earn us more rewards when price starts going bullish..
Trading is for anybody,it doesn't matter whether you are rich or not,as long as you have the mind to trade,you can always do it at your convenient,but it will definitely requires money.
One who wants to begin trading has to ask questions in whether you need to put in much money or not,but the real deal is putting in a little money at first, reason being that it is not always adviceable to invest with a big capital to avoid loss due to Inexperience.
One who wants to begin trading has to ask questions in whether you need to put in much money or not,but the real deal is putting in a little money at first, reason being that it is not always adviceable to invest with a big capital to avoid loss due to Inexperience.
yes that's correct. Doing trading doesn't mean you have to be rich, in fact people can become rich by trading. However, we need to be aware and understand the risks of trading. The worst risk is that we lose all the assets we own. However, if you are used to trading, I think the worst thing is losing most of the value of the assets we own. However, trading is for anyone who is willing to accept the risks.
Trading in the field of crypto currency or even in the traditional way of trading has no discrimination applied here; rather, as long as you have the capital to buy what you want to trade, you are illegible to be a trader.You can't be here if you don't have something to buy and trade. Because, of course, what will you trade if you don't buy? There are others who enter the field of crypto trading to make a profit, not with the intention of getting rich immediately in this field. Of course, that is not the case.
Not necessarily, especially crypto market comes with low possible amount to deposit and trade that makes someone with even $50 or 100 can start doing it. But to be profitable it's important to have decent capital for sure and it may take time for people to accumulate before starting their trading career. Rich people can afford to make mistakes while people with limited capital it can put an end.
yes that's correct. Doing trading doesn't mean you have to be rich, in fact people can become rich by trading. However, we need to be aware and understand the risks of trading. The worst risk is that we lose all the assets we own. However, if you are used to trading, I think the worst thing is losing most of the value of the assets we own. However, trading is for anyone who is willing to accept the risks.Trading in the field of crypto currency or even in the traditional way of trading has no discrimination applied here; rather, as long as you have the capital to buy what you want to trade, you are illegible to be a trader.
You can't be here if you don't have something to buy and trade. Because, of course, what will you trade if you don't buy? There are others who enter the field of crypto trading to make a profit, not with the intention of getting rich immediately in this field. Of course, that is not the case.
Trading is something you should fully prepare even when you don’t have money and you went in search of money? Also follow up and understand those who have a little money and scared of losing or losing because they are scared, those people are not ready for trading and they will continue losing if they don’t take caution
i always find trading to be for those souls that willing to take risk and be rich from it to some extent definitely not for the faint hearted people who just afraid of losing pennies already but for people that willing to risk whatever they have to achieve even higher wealth accumulation, those exact people are the one that usually strive in their trading strategy though it also requires diligence and understanding of the market as well as the flexibility to move based on the market understanding that trading isn't always gonna give you profit but there are times where you might find yourself having massive lose streak that might completely empty out your wallet.is it for the rich? depends, if the riches themselves are okay with taking risk its suitable for them same with people with below average economy they can always find opportunity with trading if they are smart enough.
nowaday some people can make $10,000 out of trading with only $50 there's no stopping people from getting rich in this day.
Not necessarily, especially crypto market comes with low possible amount to deposit and trade that makes someone with even $50 or 100 can start doing it. But to be profitable it's important to have decent capital for sure and it may take time for people to accumulate before starting their trading career. Rich people can afford to make mistakes while people with limited capital it can put an end.
yes that's correct. Doing trading doesn't mean you have to be rich, in fact people can become rich by trading. However, we need to be aware and understand the risks of trading. The worst risk is that we lose all the assets we own. However, if you are used to trading, I think the worst thing is losing most of the value of the assets we own. However, trading is for anyone who is willing to accept the risks.
Trading is something you should fully prepare even when you don’t have money and you went in search of money? Also follow up and understand those who have a little money and scared of losing or losing because they are scared, those people are not ready for trading and they will continue losing if they don’t take caution
I don't think any problem with trading goal for the rich behind every trader has ambition how to earn much money with cryptocurrency trading, I think huge ambition by getting much profit and to be rich with trading make us keep learning more careful with trading and never trade without make research or lack knowledge with some coins.
In trading we can make our dreaming become true but firstly have knowledge and get more patience needed in cryptocurrency trading, most of us have to control well with emotion and to be success in trading need more longer time.
Make the most successful trader as our motivation to earn much profit or become success in the future with trading but always needed support by having knowledge about cryptocurrency trading.
In trading we can make our dreaming become true but firstly have knowledge and get more patience needed in cryptocurrency trading, most of us have to control well with emotion and to be success in trading need more longer time.
Make the most successful trader as our motivation to earn much profit or become success in the future with trading but always needed support by having knowledge about cryptocurrency trading.
Trading is not always open for everyone, trading must have capital you cannot become dependent solely in trading if you don't have another source of income because sometimes if you want to grab an opportunity but you don't have money you will possibly just lose a chance to earn a huge amount. Seems trading must have money and knowledge once you lack one of these you will not become an effective trader.
For trading two things are important one is money and another is knowledge so if you miss one of them then you cannot get what you want. Trading is a tough technology and if you learn about it then it does not mean that you will smoothly win all the time but loss is also possible at a certain stage as the market is not under your control.
If you don't have an income then you will surely take money from others to continue your trading and it's not a good way of earning in my opinion so try to use your own money and if you don't know how to continue trading then first learn and then put money into it.
There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
Trading is not always open for everyone, trading must have capital you cannot become dependent solely in trading if you don't have another source of income because sometimes if you want to grab an opportunity but you don't have money you will possibly just lose a chance to earn a huge amount. Seems trading must have money and knowledge once you lack one of these you will not become an effective trader.
Well there is going to be some big risks if we are going to be trading. Trading crypto is not something every person can do and make a profit. If it was like that well then we would all be doing that for big gains.
It is so much harder for us to trade crypto then it is for some things like stocks and metals. And for that reason there is more of a risk involved in it. It is a big risk for the big rewards.
Maybe we do not need to be rich to trade crypto. But we must know we can lose it all so fast and must be able to handle it.
Trading is actually risky but if you learn to follow rules then you should not be having a problem if you learn to abide by guidelines like stop loss and leverage and other ls you will see that you can limit your risk. And that is why people are always insisting that you should learn before you start investing or even trading. Get the basics and know the part you are taking you can not do everything in trading. Make a decision either you want to hold or you want to trade. Anything involving big returns it will definitely be associated with big risk but there is no choice if you want to make money you must be ready to take risk that is how it works. It is so much harder for us to trade crypto then it is for some things like stocks and metals. And for that reason there is more of a risk involved in it. It is a big risk for the big rewards.
Maybe we do not need to be rich to trade crypto. But we must know we can lose it all so fast and must be able to handle it.
When you start making money you will forget all this you saying about risk you would have gotten, and use to it already.
There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
some persons doesn't know how to trade they j6st want to answer a trader, if see people who is complaining of lost in Trading you can see that those people is people that did not learn how to trade, because people that learn how to trade doesn't make a series of mistakes in trading, a good trader moat learn and understand the procedures of trading before they can be able to trade because the risk measures they have learnt...trading is basically base on your intellectual ability and if you understand the concept of trading you will not complain much base on loss you experience 
Firstly the most important factor is knowledge before thinking of earning from trading . When you try to skip the process of learning and unlearning you will keep losing more. Trading can make a rich one, poor and also poor one,poorer, but can make both very rich. The risk involved is you not knowing and understanding money management while trading is more than risk in itself. Trading becomes easy when you have an edge.
Everything as you trade will be risky, it should be you that knows how to handle your finances as you trade. Yes, it's for everyone but the poor ones will have harder time in recovery compared to the rich ones.As they are trading with experience and money, they're able to do necessary things that they can do as much as they can.
It's true that it becomes easy when you have the edge and idea of what you do and the rich almost got everything.
Well there is going to be some big risks if we are going to be trading. Trading crypto is not something every person can do and make a profit. If it was like that well then we would all be doing that for big gains.
It is so much harder for us to trade crypto then it is for some things like stocks and metals. And for that reason there is more of a risk involved in it. It is a big risk for the big rewards.
Maybe we do not need to be rich to trade crypto. But we must know we can lose it all so fast and must be able to handle it.
It is so much harder for us to trade crypto then it is for some things like stocks and metals. And for that reason there is more of a risk involved in it. It is a big risk for the big rewards.
Maybe we do not need to be rich to trade crypto. But we must know we can lose it all so fast and must be able to handle it.
Firstly the most important factor is knowledge before thinking of earning from trading . When you try to skip the process of learning and unlearning you will keep losing more. Trading can make a rich one, poor and also poor one,poorer, but can make both very rich. The risk involved is you not knowing and understanding money management while trading is more than risk in itself. Trading becomes easy when you have an edge.
Well there is going to be some big risks if we are going to be trading. Trading crypto is not something every person can do and make a profit. If it was like that well then we would all be doing that for big gains.
It is so much harder for us to trade crypto then it is for some things like stocks and metals. And for that reason there is more of a risk involved in it. It is a big risk for the big rewards.
Maybe we do not need to be rich to trade crypto. But we must know we can lose it all so fast and must be able to handle it.
It is so much harder for us to trade crypto then it is for some things like stocks and metals. And for that reason there is more of a risk involved in it. It is a big risk for the big rewards.
Maybe we do not need to be rich to trade crypto. But we must know we can lose it all so fast and must be able to handle it.
There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
I think trading is for everyone not only for the rich because there is no harm if we do trading using a small amount of money, however because of the very risky situation small trader lose because they are afraid of loosing they can't control the emotions when it comes to money and they cannot focus on the important strategy to earn profit. While the big trader always earn because they are not afraid to lose because they have a lot of money they have a big confidence and always have a big patience because the money they used in trading is just a small part of thier millions of dollars.
The trading scheme is meant for both.Even the rich when they don't know the technical analysis to follow as a trader they lose their money but an average or poor person with little amount of money would be able to win a huge profit so it's not all about rich and poor the strategy on how to make huge profit that matters.As a rich or poor person trade what you can afford to lose because trading is quite risky and complicated,even the rich when they lose in trading it get them bordered.
Money is indeed the main requirement, but in the end I think it comes back to the sincerity of each person.
It is not about how rich you are starting on trading. Only the strong survives in here. More money just means you have more money to lose because you have bigger margin. That's it. Even if you have big capital, if you use leverage incorrectly, the money you invested in will melt instantaneously. There are many tools that are beneficial but should be used responsibly. That's why instead of focusing on the money, the focus should be in building good habits. The correct risk management, exposure, leverage, and the consistency of setups you are taking. It's a lot. That's why again, only the strong remains.
Some think about that since they easily got discourage on small profits they get from small capitals they trade. They want to earn fast cash that's why they though about this is only for those who have huge capital to earn big.
They forgot to realize that if they are just consistent on trading and to learn a lot of things that can help them on their trade for there are probabilities that the small amount they use will became huge especially if they have good learnings and good decision making towards the coins they are trading. Somehow its really hard to gain from trading since everything is unpredictable there, But if they are consistent and willing to learn from multiple sources then maybe the result will came different and the small amount they use will became more bigger due to the learnings they get about trading.
I prefer small income but I get it consistently, rather than getting big profits but we only get it occasionally and we get more losses. As long as we are consistent, we can have greater capital later, because we can accumulate the profits we get over time.They forgot to realize that if they are just consistent on trading and to learn a lot of things that can help them on their trade for there are probabilities that the small amount they use will became huge especially if they have good learnings and good decision making towards the coins they are trading. Somehow its really hard to gain from trading since everything is unpredictable there, But if they are consistent and willing to learn from multiple sources then maybe the result will came different and the small amount they use will became more bigger due to the learnings they get about trading.
There is no guarantee that by bringing large capital we can get big profits, because when we experience losses, the losses we will incur will be greater than if we brought small capital.
What's difficult is being consistent, because we can't just get consistency. We have to learn more to make the trades we make run well and also generate consistent profits.
You are right, the capital we use in trading and the profits we will get from trading will certainly be different, if we use small capital of course the profits we will get will also be small but with large capital we will get big profits but we We must be able to properly understand the risks we will face if we don't want to lose the money we use for trading.
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