Author

Topic: average daytrade profit (Read 139 times)

full member
Activity: 490
Merit: 107
February 16, 2021, 11:00:05 AM
#11
Hello,

What would be considered as a good daytrade strategy? 1,5,25 or even 50% profit?

Its depend on your trading setup, even cutloss can be a kind of good strategy.
So, its no exact percentage to be called as a good strategy.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
February 16, 2021, 10:53:01 AM
#10
Hello,

What would be considered as a good daytrade strategy? 1,5,25 or even 50% profit?
Disclaimer: I am not a legal or financial advisor. I am here to post my opinion on the matter. My opinion is not to be considered investment or legal advice nor does it constitute it. For legal or financial advice, please consult with your local professional!

Hypothetically speaking, for arguments sake...
It really depends upon how much capitol that you have to actually trade with. If you have $10,000 to trade with, and you want to make 1% return on investment that day, then your profit would be $100.
There are different strokes for different folks, what might please some, won't satisfy others. It is subjective, I will say this however, any percent gained is a win regardless!
newbie
Activity: 14
Merit: 0
February 16, 2021, 10:45:35 AM
#9
Majority of traders just lose money. Your better off just holding because crypto will go up over time.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
February 16, 2021, 10:04:08 AM
#8
Depends on the strategy and market conditions.
In a bull market like now, you're bound to get more profits than usual, so id's say 20%+ per day easy if you know how to read the charts.
Bear market is a different story however
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 16, 2021, 09:58:27 AM
#7
Hello,

What would be considered as a good daytrade strategy? 1,5,25 or even 50% profit?
As long as you are happy with your gains for that day, it's all that matters. Every day you won't be having the same gains so it's all depending on how much you'll be happy to stop on that day with your gains. Even if it's a 1% gain, as long as it's above your capital for that day, it's still profit. But to me, the ideal would be 5%.
full member
Activity: 1176
Merit: 100
Vave.com
February 16, 2021, 09:16:45 AM
#6
i am working with my bunny bot on cryptobo as running of martiangale strategy with the money management. daily return reach 10-25% if in lucky day. pair using btcusd etc also might work on forex and gold pairs. if intereseted to work with the bot please contact me.
legendary
Activity: 1610
Merit: 1131
February 16, 2021, 07:24:31 AM
#5
Day trading and achieving a profit rate of over 1.5% is not easy!!!and This requires a lot of effort and sitting in front of a computer screen for a long time. Better to make weekly deals and enjoy life because we have more business waiting for us Cheesy

legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
February 16, 2021, 05:49:40 AM
#4
What would be considered as a good daytrade strategy? 1,5,25 or even 50% profit?
A good day for my trading is a day that does not cause me any loss. 0% profit is a good day for me. It is my honest to say that I have many good days and few bad days with negative percent in profit.

With the 0% I use for my good day, I don't force myself to open trading orders each day and it gives me a light mind to enjoy my life. Life has many other things and I don't spend all 24 hours or 16 hours (8 hours for sleeping) each day to sit in front of computer and look at charts.
full member
Activity: 798
Merit: 115
February 16, 2021, 05:38:30 AM
#3
Hello,

What would be considered as a good daytrade strategy? 1,5,25 or even 50% profit?

I would say everything over 10 % is a good result. Right now in a bull run you can probably reach even higher but if you are not willing to spend a whole lot of time trading, then maybe best strategy now is just to hodl.
member
Activity: 736
Merit: 11
February 16, 2021, 05:12:55 AM
#2
This is not only for a good day trading strategy, but to remind once again that whether it is investment or trading.minimum must be mentally prepared, be able to manage the initial capital you want to use, have a target to take profits, no spend all your savings, not be greedy in taking profit, and are ready to take risks, including when something unwanted happens such as losing money.
newbie
Activity: 2
Merit: 0
February 16, 2021, 05:00:50 AM
#1
Hello,

What would be considered as a good daytrade strategy? 1,5,25 or even 50% profit?
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