Topic: Can I daily earn 10% - page 16. (Read 4391 times)

In my opinion, this issue was purely rhetorical, because every trader understands what opportunities he has, but at the same time, strive for indicators of 10%.

Day trading would need a lot of experiences and skills in order to earn an ample amount. 2% to 3% gains would be possible, but 10% think is too high for day trading.

heoretically you can earn a profit margin of 10% per day, but logically this is not going to be right. If you look at the daily charts, it is easy to find out how much profit margin you can get by determining the peak and dip points, but as I say, this is only theoretically valid. Even the most successful traders in the world will not be able to pinpoint these points every day, and will not be able to earn that profit every day. Of course, when I think logically, these words are nice to the ears, but in the theoretical minds it is very easy to deny all the points I say. For example, it is an easy way to calculate the profit margin per unit taken by subtracting the bottom spot price from the peak spot price. By finding the number of units according to the budget amount, it can be learned easily how much income is obtained from this unit number. In a nutshell, the situation that you logically can not even be said is theoretically very comfortable.

Even with a small amount of capital, that is not an easy thing because if we want to make money, we will need to look at the emotions of the market, today it can be fun and bring us a green but tomorrow it is sad, it can give us dead. More or less capital only brings difficulties in choosing and achieving profit goals, it can not decide the face of the market, and of course, wants to earn 10% a day, it's just a dream of a newbie, can not come true

10% is too big for daily trading. To achieve this much percent profit, you must be very good in trading, knowing when and how the market goes. Skills and experience are must. A series of 1% gains is a possibility within 24 hours, but requires great skills.

Since then, the higher the price of coin is that I can earn 10% to 20% in trading and it depends on the size of my fund but now it's hard to earn even 5% in trading because of the fall in prices coins.

That depends on the method you’re planning to use, but it’s possible that you can be making 10% daily profit, if you can put in hard work and focus. There are methods that can help you to achieve that easily, especially now that most of the exchanges has added the stop loss feature so that you be able to stop loss while trading. So all you need to do is find the right strategy to use.

Nobody is going to look at that newbie. Also to make 10% daily is difficult but yes sometimes you can make it with the trading during and for that you need to have a acute trading skills as it is highly risky and you can even lose more than 10% if not traded correctly.

I think if the capital is small it is quite easy, but of course it will be very difficult with large funds, and even very difficult to find coins that are suitable for profit every day. You might have to hold back a few days to get that profit.

mostly to those peoploe who earn daily their capital is big. But most of the trader who earn weekly  like me they have enough capital. But if your capital is small only I don't think you earn 10 percent. The profit that you get is depends also to the coin that you have if it's increase or not.

I think that you can do it if you have expertise that can help you to buy coins at the right time and sell coins at the right time and make sure you also have a lot of capital to buy some coins that have potential.

That will still depend on his profit . let say he has a huge capital  , therfor i think 10 percent is reachable and will only look low because his capital is too much for the profit that he earned .

But if he only have a small capital ( maybe under 100 usd )  then i think 10 percent is too high enough  . instead  he can only aim for 1 percent a day .

there were other factors that can affect the profit that we can potentially earned , so it isnt also guarantee to earn a fix profit per day .

As someone who is pretty obsessed with numbers & trading, in my personal opinion there are only three ways of achieving 10% ROI daily.

1. Find a market inefficiency (i.e. arbitrage opportunity) that is constantly available. You will need two exchanges where the price of the same asset differs by at least 10% and an opportunity to transfer funds between those exchanges for the lowest fees possible.
As far as I know, there are no opportunities like that anymore and especially the fees will be a problem.

Let's say you're buying BTC on Exchange A (fees), then transfer it to Exchange B to sell it. Exchange A takes withdrawal fees, which you can only mitigate if you have a large budget. Now, if you can sell it for USDT (or similar stablecoin) with a 10% profit and transfer those back to Exchange A to repeat the process, you're lucky and that might work. To my understanding though, price differences are usually just between exchanges where only one of them is trading BTC against a stablecoin pegged to USD. Therefore, you will need to withdraw USD (fees) and deposit it again into Exchange A (fees). According to my research, the cheapest way of doing a full circle including all fees is slightly over 5%. Therefore your profit is either reduced to 5% or you will need an opportunity that gives you 15% to reach your 10% target.

2. Be the owner / admin of a pump & dump group or a fairly large signals group. Every day, buy a certain asset and post that asset as a "buy signal"

3. Invent a working time machine / have other ways to predict the future accurately. Let me know if you do!

For regular trading activities, there is absolutely no way of constantly making 10% daily.

- Even the most obvious buy opportunities won't always move as expected, especially not immediately.
- Placing all of your budget into one asset or position and expect it to make a 10% profit is extremely risky and bad trading style. Even with the best information available, you will be wrong at some point and lose money.
- Splitting your budget into several different assets is a better and safer strategy, but would mean that all of them need to make a 10% profit or half of them make 20%, while the others stay the same.

Conclusion: Adjust your expectations. Before trying to make a daily return of 10%, try to continuously make a positive return at all, over several months. That's hard enough, even for professionals.

Good luck.

This is very important part in trading, proper setting of expectations. You have to set a range as it varies one in market condition and to your trading frequency and duration. Try to set to atleast 10% per month and adjust it on a monthly basis as well depending on your self- assessment.

Daily earning ten percent?! I think it is doable. If you are trading daily, on you weekly basis it is definitely possible to make that profit. You are looking weekly earning because daily is unstable, but on weekly basis, if you are counting like that 10 percent on each day it is definitely possible.

Well, at least give OP chance to practice it in 1-2 days, if he really good in that. It means he can do trading in his way and we can't do anything. But if he fail, at least he can get experience if trading is not easy like what he talk.

That is a bit too much to have such a bogus percentage in a day to reach. Its practically imposible to earn such in trading except their is bull market and it needs utmost care as well to analysis the coins.

I think the way you are looking at trading is incorrect. Doesn't matter if it's crypto or any other financial asset. You typically make your profit based on the average of all your investments and you have to hope you get it right more than the number of times you get it wrong.

One day you can make 20% and one day it can be -40%, and another day +50%.... You get the picture. Just know how much you want to risk and what your timeframe is, and make moves when you feel confident and comfortable.

Best of luck.

I assume you are talking about day trading since it allows you to earn on daily basis. Anyways I don’t think so you can succeed in crypto market with goals like these. I mean gambling market I right for you. What do you think? If that would be possible, everyone would have done the same. The market can fall to then how will you make profit. Crypto market needs some literate persons who want to learn about this new market along with earning some profits. Moreover having a very good knowledge of technical analysis is very much essential while trading cryptocurrencies you can't just buy any cryptocurrency and wait for boom.

Earning 10% of your capital daily seems to be impossible. If there would be such a higher profits, then the whole world would have became a crypto trader . But ,if you are very skilled and you are having full knowledge regarding the market and moreover your coin is upgrading day by day, then only you can earn on daily basis, but still 10% is too much, that is impossible. But always remember this market fluctuates every time ,in the dream of earning 10% daily, you may loose 10% daily