Post
Topic
Board Trading Discussion
Re: Should trading be for the rich?
by
batang_bitcoin
on 23/01/2024, 17:36:10 UTC
If trading with small capital, just be patient. do it gradually. there may be more time to do market research and analysis.
It will definitely take time for the traders with small capital, they're the ones who will have to go through the rough situation of the market and need to be more careful with their trades in order for them to grow that capital. As said, it's required to be patient and needs do a lot of work including the analysis. Whilst for the rich, they can simply do whatever they want if it's just a spare money that they've used as their capital because it is what's easy for them to dispose and have that money back again with their other source.
A poor trader will not get the benefits that the rich get. It takes time for the poor to build up their capital whereas a rich trader loses his money and can manage his trading quickly by managing that money. There is some difference between these two categories some will benefit more some less but this does not mean that the poor cannot do trading. There are many traders who initially started with a small capital but later increased their capital to a huge amount. Even after starting with big capital they lost their wealth. Those who can proceed with proper planning may be suitable for trading.
The rich trader is already set, regardless of how much he will lose with his trades, he can always come back. While the poor trader, we don't know if that's his last money to trade and thats' why he's grinding to grow that capital that he's got. Because we don't everyone's situation and what they're dealing with but we're aware of how someone does it based on the situation that he's dealing with, so with this, the advantage is on the rich traders and it's still applicable that the rich becomes richer.