Becoming a trader does not necessarily require one to be rich, but it does require a certain level of financial stability and preparedness to handle the risks and potential rewards of trading.
While there are many successful traders who have started with relatively small amounts of capital, it is important to recognize that trading involves risk and there is always the potential for losses. Therefore, it is important to have a solid financial foundation and to be prepared to manage risk appropriately.
This may involve building up a savings cushion, developing a trading plan and strategy, and educating oneself on the markets and trading techniques. It is also important to be disciplined, patient, and able to manage emotions effectively when trading.
While trading can potentially offer significant financial rewards, it is important to approach it with a realistic and well-informed mindset. Being ready to become rich is not necessarily a requirement for becoming a successful trader, but being prepared to handle the potential risks and rewards is essential.