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Author Topic: Choose trading as a career only if...  (Read 6145 times)

Offline taufik123

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Re: Choose trading as a career only if...
« Reply #60 on: November 20, 2024, 08:20:12 PM »
-snip-
Not every analysis will be effective all the time. A healthy capital is essential to take advantage of the opportunity. Otherwise seems like a waste of time to me with little profit. But if a trader does not have the ability then of course the best is what is possible according to his ability.
The analysis will not be completely accurate because it is only intended to predict that the market will be the same as in technical or fundamental analysis, but also in the market conditions.
And about the capital used, of course, requires correct management so that the trades carried out can be in accordance with the strategy applied at the beginning, without good management everything will fall apart.

Don't say that as if you understand trading and do it yourself, even though you don't know basic knowledge and only follow the instructions of others, it's not good and certainly won't have the ability to trade on your own.

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Re: Choose trading as a career only if...
« Reply #60 on: November 20, 2024, 08:20:12 PM »

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Offline bayu7adi

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Re: Choose trading as a career only if...
« Reply #61 on: November 21, 2024, 04:24:19 AM »
I think capital is the main key if you want to trade, whether it's crypto or not, I think if you have a minimum capital of $ 1000, you can get the expected profit, although not as much as more than $ 1000, but if you trade in the right coin, it can provide benefits. Besides that, perseverance and patience accompany you to make someone a successful trader,
Why $1000? For some people, that amount is still not enough, but for some people that amount is too big... even the main key to someone's success is actually not capital, but a strong intention.. we can start from managing $10 and then grow to $1000, even though it takes years... but what is certain is that the person has succeeded in turning $10 into $1000... if using the concept you said, there will be many people who will not start learning trading, because maybe they don't have $1000 ready to invest...

The point is, start with a strong intention and never give up, even if it's only $10 first.

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Re: Choose trading as a career only if...
« Reply #61 on: November 21, 2024, 04:24:19 AM »

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Offline omori

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Re: Choose trading as a career only if...
« Reply #62 on: November 21, 2024, 01:07:21 PM »
I think capital is the main key if you want to trade, whether it's crypto or not, I think if you have a minimum capital of $ 1000, you can get the expected profit, although not as much as more than $ 1000, but if you trade in the right coin, it can provide benefits. Besides that, perseverance and patience accompany you to make someone a successful trader,
Why $1000? For some people, that amount is still not enough, but for some people that amount is too big... even the main key to someone's success is actually not capital, but a strong intention.. we can start from managing $10 and then grow to $1000, even though it takes years... but what is certain is that the person has succeeded in turning $10 into $1000... if using the concept you said, there will be many people who will not start learning trading, because maybe they don't have $1000 ready to invest...

The point is, start with a strong intention and never give up, even if it's only $10 first.

Yeah, everybody starts with what would suit them in their mind.
You would be able to bring more funds afterward all the time, so it's better to start small, in my opinion, depending on your situation.
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Offline SmartGold01

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Re: Choose trading as a career only if...
« Reply #63 on: November 21, 2024, 01:28:23 PM »
I think capital is the main key if you want to trade, whether it's crypto or not, I think if you have a minimum capital of $ 1000, you can get the expected profit, although not as much as more than $ 1000, but if you trade in the right coin, it can provide benefits. Besides that, perseverance and patience accompany you to make someone a successful trader,
Why $1000? For some people, that amount is still not enough, but for some people that amount is too big... even the main key to someone's success is actually not capital, but a strong intention.. we can start from managing $10 and then grow to $1000, even though it takes years... but what is certain is that the person has succeeded in turning $10 into $1000... if using the concept you said, there will be many people who will not start learning trading, because maybe they don't have $1000 ready to invest...

The point is, start with a strong intention and never give up, even if it's only $10 first.
You are right there is no fixed amount to start with while trading but to me it's best understandable to have the basic concept like knowing what you are doing before applying such amount. Like we know even $1k is likely too small to start with but this doesn't guaranteed a total profits or becoming Rich over the night because that person already using such amount to trade. My point is, for a good trade you don't too much capital to start with what you need is self development and the feeling to utilize anyone amount you are given to start trading than just having a fixed amount on your mind to start trading.

Offline dave_strider

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Re: Choose trading as a career only if...
« Reply #64 on: November 21, 2024, 01:41:14 PM »
-snip-
Not every analysis will be effective all the time. A healthy capital is essential to take advantage of the opportunity. Otherwise seems like a waste of time to me with little profit. But if a trader does not have the ability then of course the best is what is possible according to his ability.
The analysis will not be completely accurate because it is only intended to predict that the market will be the same as in technical or fundamental analysis, but also in the market conditions.
And about the capital used, of course, requires correct management so that the trades carried out can be in accordance with the strategy applied at the beginning, without good management everything will fall apart.

Don't say that as if you understand trading and do it yourself, even though you don't know basic knowledge and only follow the instructions of others, it's not good and certainly won't have the ability to trade on your own.

Risk management would make wonders to any depo or position opened.
So in order to be fine on the market, all of the factors should be combined to fulfill the goal in the mind of a person. 

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Re: Choose trading as a career only if...
« Reply #65 on: November 21, 2024, 02:52:43 PM »
I think capital is the main key if you want to trade, whether it's crypto or not, I think if you have a minimum capital of $ 1000, you can get the expected profit, although not as much as more than $ 1000, but if you trade in the right coin, it can provide benefits. Besides that, perseverance and patience accompany you to make someone a successful trader,
Why $1000? For some people, that amount is still not enough, but for some people that amount is too big... even the main key to someone's success is actually not capital, but a strong intention.. we can start from managing $10 and then grow to $1000, even though it takes years... but what is certain is that the person has succeeded in turning $10 into $1000... if using the concept you said, there will be many people who will not start learning trading, because maybe they don't have $1000 ready to invest...

The point is, start with a strong intention and never give up, even if it's only $10 first.

I have tried from 10$ and the results were not so optimal and boring in my opinion, especially if you have to wait for a long increase, it feels like the funds are dead and not circulating, but over time the funds for trading have been arranged from 10$ now to 100$, it is still not big enough but be patient to continue learning

Offline pieppiep

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Re: Choose trading as a career only if...
« Reply #66 on: November 23, 2024, 05:52:32 PM »
You are right there is no fixed amount to start with while trading but to me it's best understandable to have the basic concept like knowing what you are doing before applying such amount. Like we know even $1k is likely too small to start with but this doesn't guaranteed a total profits or becoming Rich over the night because that person already using such amount to trade. My point is, for a good trade you don't too much capital to start with what you need is self development and the feeling to utilize anyone amount you are given to start trading than just having a fixed amount on your mind to start trading.
While talking about trading, the size of capital is irrelevant but understanding how and what we are doing and utilising them makes the difference. The more strong skills that we can build, the more better we can manage every opportunity that is available. May not be small or large capital, but rather it’s how we learn and develop in each one of them, that stands up to the final result. However, the more we continually hone those skills and increase the experience, it gives us a solid foundation of trading winning strategies.

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Re: Choose trading as a career only if...
« Reply #66 on: November 23, 2024, 05:52:32 PM »


Offline SmartGold01

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Re: Choose trading as a career only if...
« Reply #67 on: November 23, 2024, 06:22:05 PM »
You are right there is no fixed amount to start with while trading but to me it's best understandable to have the basic concept like knowing what you are doing before applying such amount. Like we know even $1k is likely too small to start with but this doesn't guaranteed a total profits or becoming Rich over the night because that person already using such amount to trade. My point is, for a good trade you don't too much capital to start with what you need is self development and the feeling to utilize anyone amount you are given to start trading than just having a fixed amount on your mind to start trading.
While talking about trading, the size of capital is irrelevant but understanding how and what we are doing and utilising them makes the difference. The more strong skills that we can build, the more better we can manage every opportunity that is available. May not be small or large capital, but rather it’s how we learn and develop in each one of them, that stands up to the final result. However, the more we continually hone those skills and increase the experience, it gives us a solid foundation of trading winning strategies.
You are correct and for that we should also try to reduce our desire amount to be achieved while trading, most people do focused on the amount to be achieved while trading and this made them trade out of control, I mean with desperacy and anyone who is trading with desperacy easily incurred must lost because their target and focused is the amount to be achieved. Though had came across some people on the forum which says that trading is easy and we making it to look so complicated why it's not, then I have to think that if trading is that easy why not everyone involving themselves in trading? This is to say that it's not as easy as they think otherwise vast majority of people could have ventured into trading and became easily successful.

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Re: Choose trading as a career only if...
« Reply #68 on: November 23, 2024, 06:43:06 PM »
I think capital is the main key if you want to trade, whether it's crypto or not, I think if you have a minimum capital of $ 1000, you can get the expected profit, although not as much as more than $ 1000, but if you trade in the right coin, it can provide benefits. Besides that, perseverance and patience accompany you to make someone a successful trader,
Why $1000? For some people, that amount is still not enough, but for some people that amount is too big... even the main key to someone's success is actually not capital, but a strong intention.. we can start from managing $10 and then grow to $1000, even though it takes years... but what is certain is that the person has succeeded in turning $10 into $1000... if using the concept you said, there will be many people who will not start learning trading, because maybe they don't have $1000 ready to invest...

The point is, start with a strong intention and never give up, even if it's only $10 first.

I have tried from 10$ and the results were not so optimal and boring in my opinion, especially if you have to wait for a long increase, it feels like the funds are dead and not circulating, but over time the funds for trading have been arranged from 10$ now to 100$, it is still not big enough but be patient to continue learning
$10 funds are bought with Solana memecoins, if you are lucky your money can increase x100 more.
But that is waiting for luck to be on your side, you should collect more capital to enter the crypto market.
If it is only $10 it will quickly get boring, especially since we cannot buy more coins as a trading option that we will do.

Offline Blaze

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Re: Choose trading as a career only if...
« Reply #69 on: November 23, 2024, 08:36:51 PM »
You are correct and for that we should also try to reduce our desire amount to be achieved while trading, most people do focused on the amount to be achieved while trading and this made them trade out of control, I mean with desperacy and anyone who is trading with desperacy easily incurred must lost because their target and focused is the amount to be achieved. Though had came across some people on the forum which says that trading is easy and we making it to look so complicated why it's not, then I have to think that if trading is that easy why not everyone involving themselves in trading? This is to say that it's not as easy as they think otherwise vast majority of people could have ventured into trading and became easily successful.
Well, Trading is a journey and well, patience, skill, and humble acceptance that results don’t manifest like you want are required. Setting our expectations too high can actually lead to pressure and we become unable to make decisions as a result. And teaching ourselves to calm down and be aware of risk will cut down on the emotional drive that can become so easily loss inducing.

The claim that trading is simple, however, may refer only to some of the experience of those who have learned to adapt to its beat. However, in reality, trading is a skill and a knowledge that evolve and will continue to do so to make the right decision. That means we can’t let ourselves be held prisoner by the assumption that getting successful trading requires no effort because it’s not true and we’re better off learning, practising and acknowledging that success in trading is as a result of a process spanning time that needs perseverance and time to patiently practise.

Offline Rubel007

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Re: Choose trading as a career only if...
« Reply #70 on: November 23, 2024, 09:06:07 PM »
I think capital is the main key if you want to trade, whether it's crypto or not, I think if you have a minimum capital of $ 1000, you can get the expected profit, although not as much as more than $ 1000, but if you trade in the right coin, it can provide benefits. Besides that, perseverance and patience accompany you to make someone a successful trader,
Why $1000? For some people, that amount is still not enough, but for some people that amount is too big... even the main key to someone's success is actually not capital, but a strong intention.. we can start from managing $10 and then grow to $1000, even though it takes years... but what is certain is that the person has succeeded in turning $10 into $1000... if using the concept you said, there will be many people who will not start learning trading, because maybe they don't have $1000 ready to invest...

The point is, start with a strong intention and never give up, even if it's only $10 first.
The thing I want to prioritize is that not everyone's financial situation is the same. That's why not everyone's capital will be the same. Moreover, although 1 thousand dollars is certainly a small amount for many, there are many who will find it difficult to arrange 1 thousand. So I will agree with you that instead of giving a specific amount, a trader should conduct trading according to his goals and capabilities. If there is skill and strong desire, then comparatively good profits can be made even with small amounts.

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Re: Choose trading as a career only if...
« Reply #71 on: November 24, 2024, 02:02:06 PM »
I think capital is the main key if you want to trade, whether it's crypto or not, I think if you have a minimum capital of $ 1000, you can get the expected profit, although not as much as more than $ 1000, but if you trade in the right coin, it can provide benefits. Besides that, perseverance and patience accompany you to make someone a successful trader,
Why $1000? For some people, that amount is still not enough, but for some people that amount is too big... even the main key to someone's success is actually not capital, but a strong intention.. we can start from managing $10 and then grow to $1000, even though it takes years... but what is certain is that the person has succeeded in turning $10 into $1000... if using the concept you said, there will be many people who will not start learning trading, because maybe they don't have $1000 ready to invest...

The point is, start with a strong intention and never give up, even if it's only $10 first.
The thing I want to prioritize is that not everyone's financial situation is the same. That's why not everyone's capital will be the same. Moreover, although 1 thousand dollars is certainly a small amount for many, there are many who will find it difficult to arrange 1 thousand. So I will agree with you that instead of giving a specific amount, a trader should conduct trading according to his goals and capabilities. If there is skill and strong desire, then comparatively good profits can be made even with small amounts.
I agree with you not everyone has the same capital, because everyone's financial capabilities are different. We can trade with a small capital, we don't have to start with a large capital because trading is very risky, and in trading it takes knowledge, experience and skills in managing our finances. so no matter how much money we make capital, if we really focus we will get consistent profits.

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Re: Choose trading as a career only if...
« Reply #72 on: November 24, 2024, 03:32:18 PM »

$10 funds are bought with Solana memecoins, if you are lucky your money can increase x100 more.
But that is waiting for luck to be on your side, you should collect more capital to enter the crypto market.
If it is only $10 it will quickly get boring, especially since we cannot buy more coins as a trading option that we will do.
good suggestion, we can buy meme solanan with $10, but do we just wait for that one coin. if we have a lot of capital we can diversify into several coins which gives us many opportunities to gain profit.
i am not a meme coin lover, but i also have several meme coins in my wallet. my biggest asset is in the top coins,

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Re: Choose trading as a career only if...
« Reply #73 on: November 24, 2024, 05:45:15 PM »
I agree with you not everyone has the same capital, because everyone's financial capabilities are different. We can trade with a small capital, we don't have to start with a large capital because trading is very risky, and in trading it takes knowledge, experience and skills in managing our finances. so no matter how much money we make capital, if we really focus we will get consistent profits.
Of course, trading does require serious preparation on the preparation side on both your knowledge, and your ability to evade risk. The most important thing is to use small steps according to our respective capacities and begin with. If we handle small capital properly and learn from experience, then small capital is no impediment to learning and development. What we need to do in the process is to be very aware of all decisions as we may not want to risk things we don’t need to.

Additionally, we can build our understanding of better strategies to get better results. Consistent, regular analysis, and ongoing effort to reduce weaknesses leads to profit opportunities. We don’t see instant results but we can create results relative or proportionate to the amount of effort we invest.
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Offline SmartGold01

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Re: Choose trading as a career only if...
« Reply #74 on: November 24, 2024, 09:45:58 PM »
You are correct and for that we should also try to reduce our desire amount to be achieved while trading, most people do focused on the amount to be achieved while trading and this made them trade out of control, I mean with desperacy and anyone who is trading with desperacy easily incurred must lost because their target and focused is the amount to be achieved. Though had came across some people on the forum which says that trading is easy and we making it to look so complicated why it's not, then I have to think that if trading is that easy why not everyone involving themselves in trading? This is to say that it's not as easy as they think otherwise vast majority of people could have ventured into trading and became easily successful.
Well, Trading is a journey and well, patience, skill, and humble acceptance that results don’t manifest like you want are required. Setting our expectations too high can actually lead to pressure and we become unable to make decisions as a result. And teaching ourselves to calm down and be aware of risk will cut down on the emotional drive that can become so easily loss inducing.

The claim that trading is simple, however, may refer only to some of the experience of those who have learned to adapt to its beat. However, in reality, trading is a skill and a knowledge that evolve and will continue to do so to make the right decision. That means we can’t let ourselves be held prisoner by the assumption that getting successful trading requires no effort because it’s not true and we’re better off learning, practising and acknowledging that success in trading is as a result of a process spanning time that needs perseverance and time to patiently practise.
You know sometimes when we talked about trading we need to reconsider the types of trading that are there, you know most people often buy and hold to see little changes and when they see some profit they easily sells off their coin, at this point they can classified it as trading but to me this is not trading but a kind of short term investment or scalping which we don't see it as trading, even though we must calls it trading the risk level is very minimal. So anyone doing such trading can easily said it's not difficult and one doesn't lose while trading.

 

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