Trading is a game of capital - page 7.

Mahanton

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Quote from: Ridwan Fauzi on March 18, 2021, 05:59:32 PM

Getting money through trading is not an easy way, I emphasize this.

Although you are an expert to trade and knowing many strategy about it then you still feel that trading is a hard way to get money. Because you will find a different situation once you make an entry and making a prediction.

Also, I read a trading book that stated trading is a cursed profession and it is right at least to me. Because I have no idea how to get money although I believe 100% that my strategy will give me a profit but technically I just have a chance around 70% for my faith is getting happen.

When it comes to chances then you cant really tell it before the trades do happen.You would eventually tell if you have already seen the outcome.Probabilities can be calculated
but those are just simply presumptions and with this very unpredictable market then its really hard to make precise positions and i agree that this is somewhat a cursed profession
but doesnt mean that you would just limit yourself out on not to engage.Its bearable if you do know on how to play with the waves.It is just that this isnt
for everybody because not all would really be having the passion or interest on dealing with things.

Ridwan Fauzi

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Getting money through trading is not an easy way, I emphasize this.

Although you are an expert to trade and knowing many strategy about it then you still feel that trading is a hard way to get money. Because you will find a different situation once you make an entry and making a prediction.

Also, I read a trading book that stated trading is a cursed profession and it is right at least to me. Because I have no idea how to get money although I believe 100% that my strategy will give me a profit but technically I just have a chance around 70% for my faith is getting happen.

Rruchi man

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Top-tier crypto casino and sportsbook

A friend of mine once said that any money you use in buying a coin should no longer be considered as money you have. lol, because it is a gamble, and it is best you prepare yourself with that mindset, so that even if you loose some money along the way, you won't consider the loss so much.

lienfaye

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable.

Well, our capital has a big role to determine the possible value that we might earn but its not only about the capital. What important is the knowledge you had before getting into trading because your journey depends on our strategy and plan.

Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

if you are to scared to loose money; then don't trade, it is not for you

Indeed. Trading is only for risk taker because there's no guarantee to profit. Hence if you cant bear losing your money (since its inevitable sometimes) then it would be better to find another opportunity that is different to trading.

qwertyup23

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you

I partially agree.

Trading most likely involves a substantial amount of capital if a person decides to risk such amount. Although having a high amount of capital may yield results, there is still no guarantee of yielding results. I can also say that trading is relatively like gambling, but the former involves technical skill and experience so one can lower the risk of losing money at the end of the process.

The reason on why I partially agree is because there are traders who start with a relatively low amount of capital. While the gains may be lower, the amount they risk also is low.

uelque

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you

Actually for me, trading is a game of Mind and Capital.

Let's say you have a bigger capital but you can't play the game wisely; assuming you don't even know how to analyze the market, and that you are just simply putting your money in a down trend hoping that you'll make a profit once the price reverse. Now, how much do you think you'll earn when the price reversal happens? or if it's actually gonna happen? You are not sure, and I'm sure of it! Simply because you are playing through luck and that your decisions aren't backed by trading knowledge. Remember that a wise trader predicts when to buy and when to sell, they do not simply depend on luck and bigger capitals.

Capital only determines how much you can earn through trading, it doesn't guarantee's a good profit alone.

Pokapoka124

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals

I couldn't agree more OP but $50 in my opinion is still too small to trade with. Trading with little capital has a lot of down sides and I can tell from experience. Let's say you are beginner and you fund your trading account with $50..Then you enter a trade with 60-70% of your capital because no trader with a capital of $50 would trade with 7%. Your trade goes bad and you end up being liquidated.
In summary trading with small capital makes you more vulnerable to greed as it affects your psychology and trading mindset. Trade with a substantial amount..one you can afford to lose. This in a way could help you avoid getting liquidated easily.

kawetsriyanto

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

if you are to scared to loose money; then don't trade, it is not for you

Exactly, trading or investing in crypto is only for people who brave to do them and believe in them. It is not a must to trade or invest in crypto. If someone isn't confident or even feels scared to use their capital on crypto trading, it is better to not join as the crypto market doesn't need someone like that. He probably just becomes one of the people who judge crypto trading isn't secure, too volatile, or something else. Yep, I saw many newcomers criticized crypto trading or investment because they don't have patience and afraid to get losses. These people are better to not join!

santiPOGI

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you

I am afraid that you are wrong with the some of your statement dude, because in my experienced of trading I begun with the amount of
12$ in the actual trade then applied day trade and within a week I can able to roll it up into twice or more depending in the movement of the coins that I had chose in the exchange platform. Though, I agreed trading was really a game of capital. Have a good day anyway Wink

tvplus006

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Quote from: Viscore on March 17, 2021, 09:52:51 AM

Quote from: ?? on ??

It goes in both ways, either you trade with small capital or with big capital it still ball down to the same thing. to accumulate huge profits trading with big capital is at advantage but in the time of lose small capital will not hot you much. What i do is to trade in percentage I don't put all my capital into one trade I reserve some incase my trade ends in an unexpected direction I can easily have fund to start over again.

In my opinion, Trading is not a game of capital but this is all about trading management. Actually, we can start at a small amount but we can still add some more if the flow is good. This is the best idea when you start trading and to avoid losses then if in case you will fail.

But anyway, I like your idea, you keep some back-up just for the 2nd chance.
If you fail at once, it doesn't mean it is a failure already because there is always a 2nd chance but if it still fails again maybe it was the time to decide and forgot trading. Just OP said, "it does not for you".

Those who consider cryptocurrency trading to be a game with capital are obviously comparing the crypto market to a casino. Of course, there is an element of luck here, when a beginner simply guesses the direction of the market movement and earns money on the deal. But this can not continue all the time, and in the end, such a trader loses his deposit.

Viscore

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Quote from: ?? on ??

It goes in both ways, either you trade with small capital or with big capital it still ball down to the same thing. to accumulate huge profits trading with big capital is at advantage but in the time of lose small capital will not hot you much. What i do is to trade in percentage I don't put all my capital into one trade I reserve some incase my trade ends in an unexpected direction I can easily have fund to start over again.

In my opinion, Trading is not a game of capital but this is all about trading management. Actually, we can start at a small amount but we can still add some more if the flow is good. This is the best idea when you start trading and to avoid losses then if in case you will fail.

But anyway, I like your idea, you keep some back-up just for the 2nd chance.
If you fail at once, it doesn't mean it is a failure already because there is always a 2nd chance but if it still fails again maybe it was the time to decide and forgot trading. Just OP said, "it does not for you".

el kaka22

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Who made you believe that 50 dollars is a trading worthy money? I get that lower is not, but 50 is not neither, what is your goal in crypto, to eat a nice dinner for a week? Even if you do 10x with that it becomes 500 bucks, even if you do 100x with that it becomes 5k dollars. Those type of money doesn't change your life, it would be nice to have them of course, but it doesn't change anything at all.

Look at me, I started with few thousand and broke over 10k barrier recently, I am hopeful that I will be breaking even more barriers soon like 20k or 50k and even more one day, that should be great if you ask me, I really do want to have a lot of money but from my start to finish if I do 100x I would be fine, that would be more than enough money. I do not suggest starting any lower, if you do 100x and your life doesn't change, it is not enough capital.

Theb

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With all the books I have read I have never seen an author/trader advised about a minimum amount as your capital, I have seen a minimum amount in order to be optimal about the fees on a trader but never about the minimum capital in order to make profit. That's why we will always have reminders about "invest on what you can afford to lose" it just implies that there is no minimum amount you need in order to start earning in a trade. Sometimes people aren't "scared" because they are afraid to lose their money because most of the time people are spending everything that they can afford just to trade cryptocurrencies.

mersal

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you

$50 even is not enough to be considered as trading capital, atleast spend $1000 as your capital to trade effectively. If you want to learn then make use of demo trading mot your real Money which will be eaten uo by the ridiculous fee required on exchanges while you are withdrawing your profits after the trades.

tygeade

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Having good capital and knowing how much to trade in each window is as important as having a good strategy and tools for trading. There are mainly three things that makes or breaks a trader - Capital, Strategy and Improvement.

There are some traders who might be lucky and start with a small capital and yet manage to become successful but it is not easy because even the best traders can make a few bad trades on their best day. You need to have capital big enough that allows you to make a few bad trades yet doesn't affect you by much while not too big that you sell everything and risk in trading.

If you are into buying altcoins and trading them, you need to be even more careful and assign an even smaller amount for each investment and trading window.

Kelvinid

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win lambo...

Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

...

And once again, if you are to scared to loose money; then don't trade, it is not for you

Some people never think at first, they only just realize it once they fail. That is why it is very important to know about trading, to know the risk we might face once we expose to this. In order to make everything was clear, we have to evaluate ourselves first if we are truly have the courage and strong commitment into trading otherwise, we ended up shortly and losing.

justdimin

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Quote from: imstillthebest on March 16, 2021, 06:02:18 AM

if certain exchange requires a minimum deposit and you can not afford it you can choose another exchange .
centralized exchange are exchanges that can set difficult rules but we have decentralized exchange that have no rules and you can deposit smaller amounts and with a small capital you can start with smaller cryptos .
trading is far to compare from campaigns and if campaigns are better than trading there will be no thing called trading because all are doing campaigns . trading isnt complete without whales . whales is your friend if you pick a coin that they chose

That's not the right way to do it, if there is an exchange with a minimum and you can't afford it, you should not be trading at all. The best way for people who do not have even 500 bucks (which is not even the minimum for almost all places) they should be saving it aside, or invest it, but not trade.

Trading is something different, you keep buying and selling constantly and that is why trading is not something for the small investor can do, it requires a bigger capital, I know people who tried with a very small amount and failed a lot. Investing on the other hand can be done with any money, as long as you have enough to buy bitcoin, just do that and keep collecting as much bitcoin as you can, work for it if you have to instead of buying it, and when you have over 500+ you could start trading small time and grow it the more money you make from it.

Ausgewielt

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I don't do trading if I still feel scared to loose money, but currently I still do trading. Fear is my signal to do not take a part in trading. So, what I mean is I always make sure that I will get profit in trading and don't suffer financial loss. By this way I can avoid gambling in trading. I do some analysis before trading so my capital can keep growing. Actually capital really important in trading, but even only $50 I think it is okay to start with it. By this way we can learning by doing. I almost never suffer financial loss in trading, usually I always get profit although I didn't trading frequently. In the last 6 month my capital grow 400% aproximately, now I am ready to get more coin in better position, I just need to wait the price fall.

chikading2016

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Quote from: cytpoway121 on March 13, 2021, 03:06:34 AM

The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you

I agree on that, trading is really a game of capital, because you need to have a good capital for good earning s not only capital because we also need to be wise to secure our capital from the posible loss if ever, that is why in trading we need an experience to make some profit.

sayaya17

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$50 is a good nominal to trade it doesn't matter. It may even be $20 to start trading, but the profit depends on how much capital you spend.
But if to try to train yourself in trading with minimal capital, this would be better. Maybe you can add back the capital to $50 or even $100
if you've found an excellent strategy in your trade.

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