Shadow Advertiser
Junior Member
- Sep 5, 2014
- 139
- 66
Crypto trading ?
What do you trade?I am new to trading and I am asking how much money can be made with your experience that made you earn income from it?
As a beginner, it’s tough to say exactly how much you can make trading income varies a lot based on skill, risk, and time invested. Some people make steady profits, others face losses. With experience, consistent traders might earn anywhere from a few hundred to thousands per month, but it takes time, learning, and discipline. Start small, focus on learning, and manage your risks carefully.I am new to trading and I am asking how much money can be made with your experience that made you earn income from it?
Definetly not by trading, since it's gambling. It's a game of luck. There's a lot of other options out there, but they all need one thing, work and time. Create something, provide some value. This is where the money is coming from. You exchange value for money, that's how it works.Making money online is so hard now everyone wants to be a trader, which also is, one of the hardest things you can do full time.
A real trader doesn't gamble, he takes calculated risk. You risk $100 to make $1000. And you journal every mistake you do everyday. A gambler enters a position blindly, without having a trade entry checklist, they enter just because all of twitter is entering.Definetly not by trading, since it's gambling. It's a game of luck. There's a lot of other options out there, but they all need one thing, work and time. Create something, provide some value. This is where the money is coming from. You exchange value for money, that's how it works.
It's still a gamble. Math is not on your side. Risking a 100 to make1000 means your profit target needs to be 10 times further away, meaning it's 10 times less likely to hit it before ypu hit your stop loss. You're only changing the ratio but not the expected value which is till 0 plus trading cost. You're still gambling on a random walk.A real trader doesn't gamble, he takes calculated risk. You risk $100 to make $1000. And you journal every mistake you do everyday. A gambler enters a position blindly, without having a trade entry checklist, they enter just because all of twitter is entering.
It's great time to learn trading because of prop firms. But again, it's an ultra difficult career, you have to 100% in and ready every day.