Trading capital makes a lot of difference. You are not a bad trader; your only problem is that you are chasing unrealistic returns on investment.
If you are trading and you focus on making 5% daily, which is very possible, especially if you are trading using the 5-minute to 15-minute time frame,you will make a lot of money depending on your capital.
Here are calculations for 5% of different amount:
5% of $100 = $5
5% of $1,000 = $50
5% of $10,000 = $500
5% of $100,000 = $5,000
5% of $500,000 = $25,000
Now, let’s assume you have a $10,000 trading portfolio and you focus on earning 5% daily. It means in a month you will have a profit of over $12,000.
We have a fren here, he trades with about $300,000, using a max of 3x leverage. All he looks for is a 3% profit, which always happens no matter how bad the market is. The market always goes up and down regardless of the market condition.
Why a lot of traders feel they are bad at trading is because they are chasing 80% – 200%(+) ROI, and most times, before it happens, they hit stop loss or lose it all.