Quote from: nara1892 on November 15, 2022, 05:12:57 PM

Quote from: bhooscream on November 14, 2022, 11:00:00 PM

Quote from: Lida93 on October 05, 2022, 11:45:57 AM

When it comes to trading, capital makes the difference. For it hits me hard to know that same energy and technicality put in making about $500 is also synonymous to making a million dollars or more in trading.

Capital s one of the influencing factors in gaining more profits. Having high capital plus good knowledge, strategy, skill, and ability, and also the management of our emotions will be very important. WIth these all, we can gain higher profit probabilities. Of course, having capital of $1000 will result in different profits from $100 at the first trading activities. However, if we have high capital without any good knowledge, skill, and also emotional management, we will end up losing money. Capital also needs good management of the funds so that we will not waste our capital sadly into shit coins that heading to lose more money becauseof the shit or dead coins itself.

Everything you say is interrelated and becomes the driving force for success for a trader. As you said, if we have a lot of capital but we don't have the knowledge, skills, strategies etc. then the result is a big 0. It's different if we don't have a lot of capital but we have knowledge, skills and strategies, so that will still give us an advantage, yes, even though it won't be like people who have a lot of capital. Before thinking about capital, we must first increase our knowledge, because in my opinion capital will be easier to find than knowledge and skills.

It is true that the success of a trader is not how much initial capital he has.
Having skills and understanding trading strategies is one of the very basic factors to be able to support success in the world of trading.
Knowledge of the basics, strategies in trading and good self-management is a good provision to start trading.
Success in trading does not have to have large capital in my opinion, we will get success if we have extensive and good knowledge of trading capital.
Of course it all comes from experience. Even with a small capital, it is possible to have great success in trading.
So I think it is true that success will be achieved if we have good knowledge, experience and good self-control in trading.