TRADING is not something anyone rush into because it's paying people, its something you sit down, read and understand and also learn by doing. To trade furures, no good trader will tell you to jump into futures trading with a small capital and high leverage , to be a good trader you need discipline , the same discipline you apply to a 10$ account is what you should apply to a 10k$ account.
That's why we said that trading is not for everyone, because it really takes a lot of preparation not just financially, but you need to be mentally tough as well. Can you take seeing negative in your account? Are you emotional trading? So you need to have discipline and learn to control your emotions, you shouldn't trade with your heard, but used your brain to make logical decisions.
Indeed. People who are mentally strong tend to do much better in trading than people who are just financially strong. Money is of no importance if you don’t know how to make proper use of it. Trading is all about ups and downs and you should start getting used to it before you try to win big by risking big because there is always a possibility that you could lose your whole principal amount.
Patience, discipline, straight head, technical knowledge about the market, smart predictions and quick decisions make a successful trader.