$BTC There is only one method to quickly accumulate principal:
Work hard!
Assuming you have only $1000, if you spend a month doing short-term trading, with a win rate of 60% and a risk-reward ratio of 1:1, making 100 trades, you would earn about $600, and that's in an ideal situation, not considering the possibility of ultimately losing money;
But if you work hard for a month, even delivering food, you can at least earn around $1000.
So, even if you have a long-term stable profit trading system, if your principal is small, the best strategy is still to work to accumulate capital first, and then consider entering the market.
For every beginner who wants to make a living from trading full-time, failure is inevitable!
A painful fact is that trading inevitably requires early investment costs, and for those with stable cash flow, the mindset during trading is one of gambling, consumption, or entertainment.
For those without cash flow, the mindset during trading is more like gambling.
Therefore, I strongly recommend to every friend who feels their trading skills are perfect and wants to quit their job to trade full-time:
Absolutely DO NOT GIVE UP CASH FLOW!
Traders with fixed income have at least a tenfold higher probability of success or long-term survival in the market compared to traders without fixed income; I’m not referring to the ability to continuously replenish funds, but rather whether the trader's will can withstand the market...
The former enters the market as if wearing a bulletproof vest and helmet to battle;
The latter enters the market almost naked to the front line...
