Back when I first got into trading, I really believed I could turn a tiny amount of money into a fortune overnight, pure hype hahaha. I thought I had found a "magic" method that never failed. I even copied trades from random people or group online thinking it would work without understand the risks at all.
I think that was possible, all through the name of luck, like we suddenly saw a meme coin that is about to burst into flames. And when you say a method that never fails, it can mean that you have been into a point where you earn a consistent profit? That's great but unfortunately, a disaster then came when you think increasing the amount that you risk is a good idea to earn more.
Usually, that is what screws us. Last is copy-trading. It does work if we know which traders are performing well. Even without adequate knowledge, some platforms can still be user-friendly to include a winning percentage in each of their traders. The risk is, we can lose, the same when we do trading alone.
Not really possible with small amount. I have the same belief when I started Forex and then lost my only money left in my account. Not surprising said the veterans in the Forex forum.
They suggest Bitcoin to me and found my way to earn some BTC. I still have the belief in trading just $200 will make me earn $20 a day in trading. Its not possible because the market ain't making it easy.