Quote from: Stepstowealth on November 27, 2023, 09:44:13 PM

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?

This is very relatable. I have freinds that have started trading with little money some even went ahead to borrow money from other sources willing to give them at the end of they day they would return some percentage of that money to them.

The truth is to be successful in trading one needs enough equity. Starting with little money will not help at all, instead it will expose the trader to take high risk which may end up closing the trade. But if there were enough capital they will be able to manage risk by using low lots size and high money for trade. It will also increase balance and reduce unnecessary pressure.