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Topic: Can we do 15 - 30$+ per day by trading successfully in these market conditions? - page 2. (Read 798 times)

sr. member
Activity: 798
Merit: 250
GoMeat - Digitalizing Meat Stores - ICO
The risk in trading is really so high so it means that losses are inevitable. You can make money but it is more hard than you think. The price of most of cryptocurrencies are always changing so the price is really unpredictable.
OP is targeting daily big profits but you are discouraging him by stating losses. I meant to say making up to $30 might be possible for few traders but they might have got enough experience before doing so. Yes, anything may be possible through trading but you need to be completely prepared for that. Otherwise losses will be the final event.
personally i will calculate the ration between risk and reward if i am to take $15-$30 in a days.is it contain higher risk or not.as we know crypto market was not good in this moment.its become risky .
hero member
Activity: 1148
Merit: 527
The risk in trading is really so high so it means that losses are inevitable. You can make money but it is more hard than you think. The price of most of cryptocurrencies are always changing so the price is really unpredictable.
OP is targeting daily big profits but you are discouraging him by stating losses. I meant to say making up to $30 might be possible for few traders but they might have got enough experience before doing so. Yes, anything may be possible through trading but you need to be completely prepared for that. Otherwise losses will be the final event.

People who are in the beginning days must not look for making daily profits because overall profit on monthly basis itself must be a very good performance for them. $30 per day will be possible for professional traders and for high-volume traders still there will be no guarantee even for them to get that on each and every day.
full member
Activity: 540
Merit: 100
You can make much more as a day trader. It depends on your capital. But you can have millions of dollars and you will still lose all your funds if you don't know how to manage your risk and take intuitive trades. Remember that trading is not a game. There are a lot of sharks and OGs in the market who can't wait to take your money, including me. muahahaha Grin
The risk in trading is really so high so it means that losses are inevitable. You can make money but it is more hard than you think. The price of most of cryptocurrencies are always changing so the price is really unpredictable.
hero member
Activity: 980
Merit: 523
It means for 15-30 dollars a day you would need to be a magician, of course you can make that much money some days but there will be days where you lose that much money and maybe even more, however if you hang in there and continue there is a chance of making profit in the long term.
Yes, making of $15 to $30 will be possible after having long experience with crypto trading but definitely not in the beginning days itself. Only with the help of some miracle, some people may get that much profits on daily basis but the actual is mixing of profits and losses  happening for most of the traders. People are not ready to focus on learning and becoming a professional trader but they are simply targeting how much profit they want to have on everyday. Trading is not simple as we do dreaming.

Everything is possible but in this situation trying is better than waiting. Meaning I suggest you to try because we don't know how good you are and the only person who know is you.
But should not trade blindly. Even for trying, he should prepare himself so that he will be capable of handling the situation better. Even for trying, some people are losing big money and I do not want that to happen for OP too.
sr. member
Activity: 826
Merit: 252
This was achievable back in the bull run (buy low, sell high) and with the help of bounty campaigns here on the forum.
Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet. At least it seemed so, without professional experience of technical analysis, or without big capital in order not to care about attachments...

So if one wants to achieve his target at least, can he do it?
How?
What were your successfully trades like?
How to do it consistently...


Everything is possible but in this situation trying is better than waiting. Meaning I suggest you to try because we don't know how good you are and the only person who know is you. Gamble is different from trading because gamble need luck and trading need everything you have. If looks too hard leave the market for now, find another activity such as blog, fb ads or others.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
get 15-30 $ is not a difficult matter if you have enough capital, but to be consistent every day is not an easy matter, Smart traders will secure capital and make use of profits for the next trade..  Wink
If one can get that amount on a daily basis, why not aim higher, I'm one can easily secure big capital for trading if he knows he is that consistent.

Make your journey shorter so you can enjoy your life by retiring early, that's possible in trading because when there is a big risk, it should give you good reward when you succeed. However, I doubt there's someone who can really perfect trading especially at the time when people panic but you cannot also short the market as sometimes it will suddenly pump, so that scenario alone will already make you vulnerable to losing.
sr. member
Activity: 784
Merit: 257
get 15-30 $ is not a difficult matter if you have enough capital, but to be consistent every day is not an easy matter, Smart traders will secure capital and make use of profits for the next trade..  Wink
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
You can make much more as a day trader. It depends on your capital. But you can have millions of dollars and you will still lose all your funds if you don't know how to manage your risk and take intuitive trades. Remember that trading is not a game. There are a lot of sharks and OGs in the market who can't wait to take your money, including me. muahahaha Grin
sr. member
Activity: 1988
Merit: 283
It depends mate if you have a large amount of money as well to risk on this kind of market condition because that's the only solution especially when it comes obtaining big profits per day which is doing "day trading" .But it's only for experts i think IMO 'cause it's very risky because of being so volatile of the market.  which for me it could be better unless if you have tools that can give you a specific time for example * when to dump and pump * just to avoid risky situation.
legendary
Activity: 2100
Merit: 1058
It is rarely ever a good idea to try to make money all the time. There is no way and no human in this world that could make money constantly, look at warren buffet, he is the best investor in the whole world and check out his yearly paper where you can see his past performances as well, he had years he lost money instead of making money as well which means even tough in the long run he is successful he is just another human who can't make money out of thin air and loses when the market crashes.

It means for 15-30 dollars a day you would need to be a magician, of course you can make that much money some days but there will be days where you lose that much money and maybe even more, however if you hang in there and continue there is a chance of making profit in the long term.
legendary
Activity: 3276
Merit: 1128
No, you can't do profit every day now, because some days you will make profit and some days you will lose money if you sell daily. And will be better to wait and not trade everyday or set a weekly profit better and wait until you will have profit when sell.
Achieving consistent profits on daily basis will be impossible even for professional trader. If we chase profits daily, that will lead to disasters because market fluctuations are always unpredictable then how we can predict about our profit levels on daily basis. Professional traders are calculating their profit levels on weekly or monthly basis because that is the only possible time-frame where we can trade comfortably without emotionally failed. More the shorter time period, the more we will fail with our emotion control. The importance and capability of emotion control decide how professional we are with our trading.

I'm not discouraging anyone with their trading capabilities as they have already booked $15 to $30 profits some days but the question is how often they are able to do that and how badly they are missing that in some other days. Moreover, for many traders, avoiding losses itself a very big challenge then how we can sure about making daily profits ?
hero member
Activity: 1414
Merit: 516
No, you can't do profit every day now, because some days you will make profit and some days you will lose money if you sell daily. And will be better to wait and not trade everyday or set a weekly profit better and wait until you will have profit when sell.
hero member
Activity: 1302
Merit: 540
of course, but with a lot of capital and choosing good coins, sometimes not every day getting a profit in trading, I think there will be a certain point that makes you stuck at high prices.
Anticipate that not everyday is a good day for your investment, it's all about managing your financial assets, the more you understand the risk the higher investment you can place and each right position will be able to bring you a good profits in returned, calculations and good research each time you place an entry will cover the amount that you desire to earn, you will learn this from time to time you open your position and execute your trade.
full member
Activity: 504
Merit: 100
of course, but with a lot of capital and choosing good coins, sometimes not every day getting a profit in trading, I think there will be a certain point that makes you stuck at high prices.
member
Activity: 1204
Merit: 38
This was achievable back in the bull run (buy low, sell high) and with the help of bounty campaigns here on the forum.
Right now, with either shorting or going long, it is kind of a gamble (either goes up, or goes down), so choose one direction and place your bet. At least it seemed so, without professional experience of technical analysis, or without big capital in order not to care about attachments...

So if one wants to achieve his target at least, can he do it?
How?
What were your successfully trades like?
How to do it consistently...
Yes surely it is possible through day trading but you need the capitals for it and knows how to do technical analysis,if don't know use bollinger band and RSI as beginner level anaysis to make profits.If you are luck you can make $30 to $50 perday when you have capital around $2500.
member
Activity: 67
Merit: 24
15-30$ is completely relative to amount of what you put in. If the question is "can I make X" answer is always yes, but better question is "what is the probability I can make X". First and foremost, market dictates what you can or cannot make. If it stays flat, guess what, you can't make a cent.
legendary
Activity: 3094
Merit: 1127
So if one wants to achieve his target at least, can he do it?
How?
What were your successfully trades like?
How to do it consistently...
Wrong kind of mentality or presumptions because profitability wont always matter only on bull run.It would always matter with "Volatility" as long the prices goes up and down then
you can make profits anytime.
If you do plan to have a goal of $15-30 a day is indeed possible but no sure that you can make guaranteed profits in the end of the day.It will always matter with your skills.
Utilizing movements and good decision making.
sr. member
Activity: 1400
Merit: 269
I dont think so, trading takes time to earn from and sometimes you need to hodl your funds for a longer period of time especially when your in a bearish season. I think it's much more wise to find alternatives to earn money like applying for a part time or regular job to have some cash for expenses while you wait for your investment to profit.
member
Activity: 434
Merit: 10
not all crypto prices go down, there are some who experience large pumps, but we don't know which ones will pump, arguing that crypto is very much, in coinmarketcap there are hundreds of crypto, from every trade we can get a lot of profit in a day, but we only those who are unable to find information where the price signal will rise
legendary
Activity: 1680
Merit: 1001

I am doing a challenge at This moment that i update daily here in the forum. In my opinion if you have the right balance to start with iT must be easy to achieve to make 15-30$ daily by trading. I am doing the challenge only with 100$ to proove people that in a longer timeframe you can easily make a couple 1000s with only a very small start amount.
But the strategy i use can also be used for larger amounts.
It's not about your balance. Even though you have huge balance, you still can't be sure if you can earn $30 daily on trading. Why people care too much how much they should earn in each day? How about just invest for long term and aiming for bigger profit?
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