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Author Topic: I fit start trading with small cash?  (Read 6487 times)

Offline Sim_card

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Re: I fit start trading with small cash?
« Reply #30 on: February 21, 2025, 05:59:27 PM »
Amount wey person go start trading with no really matter per se o. Wetin important pass na the knowledge wey them go get on top that trading wey go dey give them return on anything wey them do with the money wey them take invest for the trading. Even if your friend get more than this amount and him no sabi trading, him go still lose all this money to trading. The knowledge na him be the koko and if you don get the knowledge, you don already dey halfway to make am through trading already. So make your friend and make you also let am know say e better make him focus on trading and perfecting it than the money wey him get to put for the trading.

Trend dey very complex, especially for people wey see am for the very first time, and feel say them go fit do am the wey the professionals dey do. Just like you've said, the knowledge is very important, and should probably be the first thing, but man suppose still hold real funds wey em go take start. Demo trading no go really go a long way, because person suppose lose at some point, inorder to know how e dey feel. No amount of knowledge go give person the real experience if he/she no lose real money.
Demo trading no be wetin person wey won learn trading need to use learn because e dey different from real trading wey you go lose real cash and the market dey different too. Knowledge is very important with capital because if you don know most of the theory, you still need small money to dey practice dey trade even though you lose am no problem because you dey get experience for the market.

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Re: I fit start trading with small cash?
« Reply #30 on: February 21, 2025, 05:59:27 PM »

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Re: I fit start trading with small cash?
« Reply #31 on: February 21, 2025, 09:00:47 PM »
Demo trading no be wetin person wey won learn trading need to use learn because e dey different from real trading wey you go lose real cash and the market dey different too. Knowledge is very important with capital because if you don know most of the theory, you still need small money to dey practice dey trade even though you lose am no problem because you dey get experience for the market.

Nah true say demo account Dey very different from wetin you go experience for the real trading but even if I no go advice anybody make dem use demo sessions take play.

If nah me wan start to learn how to trade again I go make sure say I treat all my demo sessions as if nah real trading I Dey do because if you mistakenly go learn that I don’t care attitude for demo come carry am enter real trading Omo you go too lose your money for trading, so even if both of them different I go still advice make we no just throway am like that.
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Re: I fit start trading with small cash?
« Reply #31 on: February 21, 2025, 09:00:47 PM »

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Re: I fit start trading with small cash?
« Reply #32 on: February 22, 2025, 03:13:41 PM »
Nah true say demo account Dey very different from wetin you go experience for the real trading but even if I no go advice anybody make dem use demo sessions take play.

If nah me wan start to learn how to trade again I go make sure say I treat all my demo sessions as if nah real trading I Dey do because if you mistakenly go learn that I don’t care attitude for demo come carry am enter real trading Omo you go too lose your money for trading, so even if both of them different I go still advice make we no just throway am like that.
Not really that's not actually true. People especially trading haters often make the statement of trading being a scam and things like trade in a demo account are different from that thing in live account but in reality it's not true. The same things you do in your demo when practicing is same thing you will also end up doing in a live account.

Because people are greedy they will open huge positions on their demo which in reality they can't hold with a live account obviously because they don't have that amount of money to put in a trade.
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Re: I fit start trading with small cash?
« Reply #33 on: March 01, 2025, 10:46:05 PM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?

Me I been start with $11. The thing way dey dia be say, im fit start dat amount but nah small small profit im  go dey get. If im start with bigger capital, nah so im profit go increase.
Bullsh*t it doesn't work that way and that's why most people lose their shit  to trading, having a huge capital doesn't mean you make more profit fine you can make use of big lotsize( which means your trade will return more for both positive and negative  cases) but everything still revolves risk management. When you consider risk management them everything will fall in place. Actually there's alot attach to risk management  and leveraging, they could be a key to successful trading apart from your normal trade analysis  skill

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Re: I fit start trading with small cash?
« Reply #34 on: March 02, 2025, 04:53:45 AM »
So, make em continue or make em increase the capital?
How una see the matter?
Sometimes it is not just the capital you have to start trading that matters but the amount of knowledge that you have in place already because even if you start trading with a very huge amount of money, the potential to lose it is still there, but if you start trading with a smaller amount of money and have adequate knowledge to properly manage it and ensure that you make little losses. You'll be able to grow that little amount into a substantial amount of money that you could further use in trading to make more. Understand?

Knowledge is very important when it comes to trading and the skills of managing losses is as well important. With these two in hand, any account can go from zero to hero.
Very well understood. Thanks.
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Re: I fit start trading with small cash?
« Reply #35 on: March 11, 2025, 03:23:54 PM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?
The thing way dey cryptocurrency be say the higher the capital, the hight the profit and vice versa, so yeah of course him fit start with $20 and eventually, if the profit dey come him go dey increase im reading capital. But one thing to take into consideration be say as him dey trade the money for they go down or go up, however it all depends on his level of knowledge or that of his tutor

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Re: I fit start trading with small cash?
« Reply #36 on: March 13, 2025, 08:05:40 AM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?
the minimum for trading is $15-$20, one thing to note is that while trading one should be very careful because if care is not taken this money may either increase or be completely loss. And before he goes into trading he should have enough knowledge about it to avoid loss and also the the hight his trading account, the higher his profit and vice versa.

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Re: I fit start trading with small cash?
« Reply #36 on: March 13, 2025, 08:05:40 AM »


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Re: I fit start trading with small cash?
« Reply #37 on: March 13, 2025, 09:27:44 AM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?
the minimum for trading is $15-$20, one thing to note is that while trading one should be very careful because if care is not taken this money may either increase or be completely loss. And before he goes into trading he should have enough knowledge about it to avoid loss and also the the hight his trading account, the higher his profit and vice versa.
You talk better thing, knowledge na him be coco for everything, with knowledge he can definitely move his account to 7figures but as for now he should stick to knowledge first and not to push things to having bigger profits or being hasty to build the account slow but surely he will move the account it only deserves consistency and patience and with time he will understand the market very much.
 And make the OP tell am make he seek more knowledge from people wey Dey inside the game before am and surely they will put him through with time. Make he just keep the trading and learning going constantly and he should not be to greedy small profit is better than loss.
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Re: I fit start trading with small cash?
« Reply #38 on: March 13, 2025, 01:48:32 PM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?
Your G fit start with that amount but the thing with trading be say the higher your capital the higher you gain and vice versa, so yes him fit start with that amount but him returns go dey very small.

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Re: I fit start trading with small cash?
« Reply #39 on: March 14, 2025, 10:13:37 PM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?

Me I been start with $11. The thing way dey dia be say, im fit start dat amount but nah small small profit im  go dey get. If im start with bigger capital, nah so im profit go increase.

My broda, nor vex, Na this year you enter trading? Cause since this year, the market just de go down down. E de okay if em buy upto 2-3 different coins them or make em buy only 1 coin?
No be lie bro this period dey very risky to place trade unless person fit dey buy con dey keep for the future.

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Re: I fit start trading with small cash?
« Reply #40 on: March 21, 2025, 09:46:42 AM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?

One thing to note here is that if you put in more money to trade and you are a good trader you end to earn more profit but if you use little money you earn low. However all this depends on how good the trader is.
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Re: I fit start trading with small cash?
« Reply #41 on: March 21, 2025, 03:41:10 PM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?

One thing to note here is that if you put in more money to trade and you are a good trader you end to earn more profit but if you use little money you earn low. However all this depends on how good the trader is.
Your point is quite correct but vice versa is the point you could end up losing even with bigger money. But having bigger probability over this situation is when you have better and perfect analysis of the market and better understanding of the markets. All that matters is just having knowledge and perfect mindset over the trading. Either with still small or big profits if you have better knowledge you can end in profits but with bigger capital your profits will come massively and still market can be unpredictable sometimes so just perfect risk management not to let the capital get swept.
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Re: I fit start trading with small cash?
« Reply #42 on: March 24, 2025, 09:29:19 PM »
One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?
the minimum for trading is $15-$20, one thing to note is that while trading one should be very careful because if care is not taken this money may either increase or be completely loss. And before he goes into trading he should have enough knowledge about it to avoid loss and also the the hight his trading account, the higher his profit and vice versa.

Yeah, acquiring knowledge is crucial when it comes to trading, and that one, for sure I tell am, because, every single trade person make in a day, e go either be profit or loss, while most times e de hard before e fit end in between. I also support am for the part of starting with the $20, make e be say the growth start from there, and make em with that capital start to learn how to manage loses and self-discipline, cause discipline na another thing way de fit finish person for this crypto market.


Quote

One thing to note here is that if you put in more money to trade and you are a good trader you end to earn more profit but if you use little money you earn low. However all this depends on how good the trader is.

On this point, he is completely new to crypto currency and wants to venture into crypto trading with a total zero knowledge about crypto market. For him to learn with a real account and not demo, that is why I advised him to start with $20. Cause, using a real account will put the fear of losing money and the consciousness of being attentive to the market charts, risk/loss management and as well working on self-discipline which is an important tool. As a newbie in the industry, it will totally be unsafe and professional to advise a newbie to start trading with a big capital, knowing very well he has no knowledge about the whole thing. 
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