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Topic: How much can you make day trading? (Read 170 times)

member
Activity: 167
Merit: 11
March 07, 2018, 09:42:07 PM
#36
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
There is no average per week in cryptocurrency because the market is very volatile even if you have an experience in trading it is hard to predict where the market goes. You can even lose instead of gain if you make a wrong decision that is why i prefer position trading to minimize my loses.
full member
Activity: 308
Merit: 100
March 07, 2018, 06:36:08 AM
#35

It seems to me a question that it is impossible to give a respsota in a market so volatile. one day you can do 50% and day -20
full member
Activity: 644
Merit: 101
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
March 07, 2018, 06:30:07 AM
#34
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

once i have made 1 eth of profit in zilliqa when it was just launched in ED   by day trading then i invested all of my capital into CCO due to greed after seeing that it has really low supply now i am in heavy loss.. never ever invest all of your capital in just one token or coin.. dont invest more than 10% of your capital.. diversify your porfilio
member
Activity: 136
Merit: 10
March 07, 2018, 04:30:36 AM
#33
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
Well, actually you can do 300-200 dollars, I have a friend so zarobatyvat, but by the way once earned $ 1,000 with me for the day.
full member
Activity: 644
Merit: 101
March 07, 2018, 02:57:33 AM
#32
I think that many depends on whether you know and know what trading is, because today it is very promising and if you have such opportunities, it will be better if you do this often and you can earn a lot
jr. member
Activity: 252
Merit: 1
Decentralized Transportation Solution
March 07, 2018, 02:48:35 AM
#31
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
to know how much we can when trading, depending on the trading we live. if the trading is good it can be up to 7-9%. and if the trading is not good about 2-3%. hopefully, the trading that we live can run well.
full member
Activity: 616
Merit: 124
March 07, 2018, 02:34:21 AM
#30
if i had only 500 usd in crypto i wouldnt check and try to catch daily profits. you shoul focus for mid term things. For example if you join a good ico you can make x2 x3 in a few weeks which is not bad for the beginning. but if you prefer to trade altcoins you will suffer in this bearish market for sure.
full member
Activity: 1064
Merit: 112
March 07, 2018, 02:30:34 AM
#29
It will be doubled ,but depends on the potential of coins  . Let we say if you have $500 alt and the alt has a tend to soar within a weeks ,then for sure there will be a good return maybe x5 unless if you didn't noticed the drop, hehe 'cause the market is not stable and very unpredictable nowadays due to some fuds. And perhaps doing day trading on altcoin  in this circumstances is not recommended because all alt now is suffering because bitcoin is on top.
jr. member
Activity: 224
Merit: 8
March 07, 2018, 02:09:17 AM
#28
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
personally in my opinion. The average of 5-7% will be accepted. but, if your trading is in the good trading category, then the profit can exceed it. so to profit it depends on the trading that you live.
full member
Activity: 294
Merit: 101
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
March 07, 2018, 02:02:10 AM
#27
Making money in day trading depends how much experienced trader you are, do you have any technical analysis knowledge and most important how much volatility in market. And there is no limit to make money in day trading, might you make 20,50 or even 100% profit or even you might your capital also if you not trade with discipline. But if you are satisfied with 10-20% daily I think its very good. And day trading is completely gambling so I will advice to invest your capital in good coins that have good future ahead and they will give you 3-5x in 8-10 months.
full member
Activity: 406
Merit: 100
March 07, 2018, 02:00:45 AM
#26
there really isn't any limits on how much profit you can make when it comes to trading altcoins. it can be from -100% (or losing everything) up to 10000% pure profit. and this is in fact why this market is considered highly risky and it is also because of the many manipulations that take place in this market.

if you are already familiar with the market and have been successful so far and also if you are a careful trader not a reckless one, i'd say a 5% profit daily or at least every 2 days is a reasonable thing.

Agree 5% is good profit already since you are trading daily for me daytrading is risky and im not suggested to do day trading unless you have a good skill in crypto traidng platform.
full member
Activity: 280
Merit: 100
March 07, 2018, 01:56:05 AM
#25
I think there might be days where you will either lose a lot of money or just stay in the trade in the hope for the price to rise the other day. On other days you will make profit. The question is if you will make profit or loss in the long run. In crypto world you have very few fundamentals (in the contrary to the stock market) and its always a bit like playing Lotto. Currencies which are very popular today may be worthless tomorrow and of course the other way around.
Oh, and don't forget the costs (fees for transactions and transfering money) which will be deducted from your profits. In the end it might be far more profitable to buy and hold for several years.
full member
Activity: 406
Merit: 109
March 07, 2018, 01:48:06 AM
#24
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

It entirely depends upon how well the market plays. I started into crypto as a day trader, my long bad habits from stock market never ended lol.
However, over the time, I had great success over long and medium term holdings. I still day trade but I hardly risk 10% of my portfolio to day trade. Sometimes I made that 10% with 100+% profit, other days I lose it all. thats the gamble  Cry
jr. member
Activity: 294
Merit: 3
March 07, 2018, 01:43:01 AM
#23
Per day you can easily make 10-15% profit from each trading, if you know how to trade, but at the same time its very risky too you may lose as well.
newbie
Activity: 132
Merit: 0
March 07, 2018, 01:39:52 AM
#22
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
i watched a documentary of trading where a man makes 150-300$ a month in Africa or Nigeria i think which is pretty good amount for him he says because of the power outages and other things happening in his country
hero member
Activity: 2716
Merit: 698
Dimon69
March 07, 2018, 01:39:44 AM
#21
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
its around 30-300% weekly its depends how skillfull you are and also doesnt mean you will not lost in any trade. Even professional experience to lose.
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
March 07, 2018, 01:36:58 AM
#20
You may multiply your 500usd ten times in five minutes or have some 10% a week. Day trading is a lottery, although there is little likelohood you lose it all fast.
sr. member
Activity: 1078
Merit: 354
March 07, 2018, 01:26:15 AM
#19
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

I think the aim of making as much as you can is counterproductive as it will lead to overreaching on trades and buying or selling after the optimum point.
The best approach is to aim for a certain % on each transaction, and then when you hit that, finish the trade. It is generally better to buy when everyone is selling, and sell when everyone is buying.
full member
Activity: 350
Merit: 100
March 07, 2018, 01:23:14 AM
#18
It all depends on the situation on the market. There is a week that does not make a profit for me. It happens 5-10% a week, and sometimes you buy and the coin gives 10-20%!) There are naturally losses, but without them there is no trading.
newbie
Activity: 168
Merit: 0
March 07, 2018, 01:13:18 AM
#17
How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

Depends how good you are, of course. A lot of people say more or less 5% on average.
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