Post
Topic
Board Trading Discussion
Re: To day traders
by
Mpamaegbu
on 12/01/2025, 23:11:34 UTC
Successful traders trade with less than 10 times of their trading funds. If you have $1000 for trading, using $100 makes you understand what trading is.
Doing 10% on one's trading capital per trade is high. What it invariably means is that with 10 lost trades in a row that account is blown. It's too much of a risk no matter how we want to analyse it. You may think it's not until you check that same scenario with $10k (that's $1k on a single trade) or $100k (a $10k risk per trade). It's way too much. I believe anything above 5% risk is high enough. We don't expect to get rich on a single trade. It's a gradual process.

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If you use leverage, you are increasing the chance of you losing.
What if your entry is right in the trend direction? I don't think we should see leverage as a killer, except the trader is in a wrong direction and their leverage is high.

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Patient traders are more likely to earn.
Yes, when trading good coins/tokens. Otherwise, patience becomes bad with degens or memes. They're only for short terms.