Post
Topic
Board Trading Discussion
Re: Should I wait to have a huge capital before I start trading?
by
RockBell
on 12/11/2024, 19:13:54 UTC
You don't need much money to start trading, you can start trading with little money. But it is always better to trade with a small amount of money on the trading platform because when you join the trading with a large amount of money, you have the highest chance of losing on the trading platform and if you trade with a small amount of money, even if you lose that money, you are losing yourself. save a lot Can Control You can definitely trade with what you have to learn in the initial stage and when you gain experience in the trading platform you can take huge amount of money to trade on the trading platform.

The money you need is just very small and you don't even need to start with big money because the moment you start with big money what if you end up losing it because sometimes you be eager to do some silly things when it comes to trading, because you can easily lose money, so it is better than losing all so start small and don't worry your self to much but people will always want to start with something big without and make somthing big and that is why they need to be emotionally prepared.

And now that some exchanges have demo account so you don't need any money to train your self so it is better off to just stick to demo account and that way you will learn better and even reduce hazard of losing your money and in the process of learning you have to pay serious attention because their is a lot of mistakes that trading comes with.

Their people that have lost money they even borrowed just because they want to make profit and that is why people frown at borrowing money to invest.