Most traders think they fail because they don’t have big capital.
But that’s not true at all. I personally know many people with $50k–$100k who still lose money every single month in trading.
There are 3 common mistakes I’ve seen in almost all of them:
1. Trading based on hope and treating trading like gambling
2. Trading without a stop loss and holding losing trades instead of cutting losses
3. Overtrading and revenge trading
If you have $100k and keep making these mistakes, one day you’ll end up at zero.
But if you have just $100 and avoid these mistakes, you can grow it to $100k over time.
Moral of the story:
Small capital is not the issue your mindset towards trading is what needs to change.
$SPCXB
$H
$TA
But that’s not true at all. I personally know many people with $50k–$100k who still lose money every single month in trading.
There are 3 common mistakes I’ve seen in almost all of them:
1. Trading based on hope and treating trading like gambling
2. Trading without a stop loss and holding losing trades instead of cutting losses
3. Overtrading and revenge trading
If you have $100k and keep making these mistakes, one day you’ll end up at zero.
But if you have just $100 and avoid these mistakes, you can grow it to $100k over time.
Moral of the story:
Small capital is not the issue your mindset towards trading is what needs to change.
$SPCXB
$H
$TA