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Trading using leverage will push you to losses instead of making huge profits. That’s what beginner traders often experienced from trading with leverage. With greed, they usually end their trades in failure while some who patiently trade with small capital, they end their trades with some significant profits. This is good to say that trading outcome does not rely on how small or big the capital is, but it’s how the trader itself carries his mindset and perform his trades with a lot of patience and clear understanding on the market. Discipline is also a key factor to the success of one’s trade.
Exactly. Patience always comes to an end with positive results. Some traders think entering the market with a large amount is what will give them a huge profit. Yes, it is true, but at the same time, patience is the key to the success of the market. These are the things that many traders do not understand in trading. Sometimes big capital is not what will fetch you a huge return, but how far you have gone in the trade.
I have a friend who does not have enough money to trade, but because he always takes his time and trades, and because he has the patience to watch the market until the right time to sell, most of his trades are positive. He loses, but not that much because of the discipline he has, so everything is patience. But some traders do not understand these key things in trading; they think it is all about the money, but sometimes patience must be exercised.