In trading there are no impossible
It is not easy to believe someone who tells you that with little money you can earn millions in trading, but that it is feasible, it is feasible; because we must understand that there are two concepts with which we must always be familiar in life: The possible and the probable.
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The possible and the probable: Two important conditions
For something to really happen in life, it must have two important rules or conditions: on the one hand, it must be possible, and on the other, it must be probable. So when a fact or event happens, it is, generally, because it meets both conditions.
Because if an event is possible, but improbable, it most certainly will not happen, except for special circumstances, but if an event is impossible, there is no any probability of its happening at all.
This is precisely one of the rules that us, traders, must play with every time we operate the markets.
Examples with the crypto market
To put it in perspective, I am going to explain it directly in the world of trading, and more specifically as it relates to the crypto market.
Suppose we are talking about Bitcoin, and I am making estimates, so it is one thing to say that Bitcoin could be worth 1 million dollars (for example), and quite another is to say that it is likely to happen tomorrow.
Because when talking about possibility and probability, time is usually involved. So it is possible that Bitcoin could reach $1 million at any time, but that is unlikely to happen quickly. More feasible is to say that it is possible that it will be worth 1 million dollars, but it is likely to happen in a few years.
So, for the sake of understanding; if it wasn't possible for Bitcoin to be worth $1 million, it couldn't be likely either. Which allows us to see that something can be possible and not probable (or unlikely), but it will never be probable if it is not possible.
So, as I was telling you a while ago, it is with this type of thing that traders and investors have to deal with on a daily basis in the markets, so every time we do projection and technical and fundamental analysis, we are looking to discover probabilities to operate in one direction or another.
And knowing that in the markets anything is possible, we only have the currency of the probable and the improbable. This must be very clear.
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So making millions of dollars from little capital is possible?
In view of this, when someone tells you that you can earn millions of dollars in trading and investments starting with little capital, they are not necessarily a scammer; because technically it is possible to achieve it.
Another thing is what is required for it to be probable, because there the thing is another story. Because there is no way to use little capital and turn it into millions of dollars in a couple of days through trading; that is simply possible, but extremely unlikely (so unlikely, almost to the point of being impossible). What is really possible is, after a good time operating, after much study and preparation by the trader, to develop a consistently winning trading strategy in the markets.
After years of trading, a well-prepared trader who really knows what he is doing can become a millionaire, even having started his trading path with very little capital. This is what we have to know about it, because when we understand it, no one will come to tell us false stories, or tales of the road, because we will have understood that in trading, the road to success has no shortcuts, since everything lies in preparation and persistence. Preparation and persistence is the mantra that we must always keep in mind, and never forget.
What do you think about the topic discussed? Please comment.
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