Quote from: Mpamaegbu on Today at 09:19:45 AM

Quote from: Oshosondy on April 17, 2025, 08:59:30 AM

What percentage of someone's income do you think is advised to be used for trading?

By income you meant earning, as in salary? Otherwise, if I got it the other way it would mean you're referring to funding? If that's the case, it's capital. Anyway, funding one's trading platform would solely depend on what one has as capital to be sacrificed. Trading is ether win or loss. This is where MM (Money Management) comes in. A funded $1,000 account without basic trading skill is the same with a $100 or $10,000 funded account without trading skills. It's just a matter of time before all will be burnt and the account gone.

I am referring to salary or wages a trader received weekly which is very important in calculating the amount that the trader will put on trading. I prefer 1% of my income on trading now.

Quote from: Mpamaegbu on Today at 09:19:45 AM

For someone whose 2% earning is something less than $10, what can that do for the person? We should be looking at capital funding for trading and not earning. It's in gambling we do earning, and not funding. I want to believe you got my drift on that.

A trader should be patience because patience is very important. Someone that his 2% from his salary is $10 can save it up to $100 in just 10 weeks. He can save it and not trade until he reached his trading minimum amount.