Why capital is so important or even critical in successful trading?

[achilles28]

Quote from OddTrader:

It seems so often people on ET would mention that adequate capital is very important or critical in trading successfully, however without much discussion usually.

Are there any good reasons for that? And what are they? Why?

Because the assumed average return (pear year) is 20-30% - if you're "good".

30% of 5,000$ account = $1,500 per year.

Not nearly enough to cover anything...

 

[gangof4]

follow on question:

people on et say that having eyesight and not being legally blind is critical or important to trading.

Are there any good reasons for that? And what are they? Why?








jesus. it's like this place is idiot central...

 

[G-Boa]

Quote from OddTrader:

It seems so often people on ET would mention that adequate capital is very important or critical in trading successfully, however without much discussion usually.

Are there any good reasons for that? And what are they? Why?

1. take a string of losses

2. refine trading skill

3. remain alive to mature into a very profitable, calm, in-control trader

 

[OddTrader]

Quote from makloda:

But it makes a big difference to a trader who can trade. It can make the difference between being able to trade for a living and and being forced to work a daytime job forever.

But I guess I am off-topic. The topic was 'successful', not 'successful fulltime'.

I know that the topic was and is successful! Thank you!

And the topic is about Successful full-time trading.

Quote from achilles28:

Because the assumed average return (pear year) is 20-30% - if you're "good".

30% of 5,000$ account = $1,500 per year.

Not nearly enough to cover anything...

That's very true.

Quote from G-Boa:

1. take a string of losses

2. refine trading skill

3. remain alive to mature into a very profitable, calm, in-control trader

Agree to all of them, particularly point3 which is very critical,I think.

 

[OddTrader]

Quote from gangof4:

follow on question:

people on et say that having eyesight and not being legally blind is critical or important to trading.

Are there any good reasons for that? And what are they? Why?








jesus. it's like this place is idiot central...

Are you recruiting, or promoting, gang of 4?

 

[JaiSreeram]

Thanks for the answers, ammo, increase now. It explained a lot.