How much could you earn in a day ? - page 3.

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Quote from: Altryist on November 03, 2023, 03:38:35 AM

1% per day is too good, if a trader could make such a profit, I think he would be happy. In my experience, the average monthly income of +10% to the trading deposit looks realistic, it is clear that sometimes it can be more, sometimes less, but on average this can be achieved in the months when I trade. Each trader will have different results and a beginner will definitely not be able to immediately start making money in trading, so when someone reads about the successful results of other traders, they should not think that the same thing will really happen for him, everything is individual.

1% looks too good, but it's still possible if traders are professional enough and understand how the crypto market works.
To get a consistent profit is quite a difficult target, there are many aspects that must be considered especially about how to do trade management.

The average monthly income may be more than 10% if there is a bull run and can take advantage of the momentum.
But will this continue to happen?
Of course not, the market is not really completely predictable.
There are mistakes where predictions make a professional also lose and forced to cut loss.

Every person's successful outcome in trading will certainly not be the same.
This is also due to luck and also how to do financial management well.

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Quote from: Taskford on November 03, 2023, 02:43:01 AM

Really so acceptable since imagine that how hard to earn from trading or anything investments they have done for sure that 1% is really decent amount they can get in a day. And I also very open to have that profit since not everyday is good day for us since there are times that we lose due to unexpected sudden movements of the market. That's why for other who's starting up on this kind of investment they better know the risk so that they can set up some good plans towards what profit is already good to them since if they don't have anything like that then maybe they might be greedy to seek for more huge profit then we all know where it will end up since many unfortunate stories posted that they lose their profit and capital due to wrong decision they take and been greedy for wanting more profit to take out.

1% per day is too good, if a trader could make such a profit, I think he would be happy. In my experience, the average monthly income of +10% to the trading deposit looks realistic, it is clear that sometimes it can be more, sometimes less, but on average this can be achieved in the months when I trade. Each trader will have different results and a beginner will definitely not be able to immediately start making money in trading, so when someone reads about the successful results of other traders, they should not think that the same thing will really happen for him, everything is individual.

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Quote from: Natalim on November 03, 2023, 01:04:03 AM

Quote from: wxa7115 on October 27, 2023, 10:24:41 PM

Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

It is indeed possible to earn that amount, however make no mistake, just because something is possible it does not mean that you can do it over and over again, earning 1% per trade may not seem like much to those that do not understand the power of compound interest, but on my view that is a massive amount of money.

With this in mind you should not get your hopes up about getting those kind of results, as even the best traders around the world will be unable to get those kind of results.

yes, 1% is a very small amount if you think but that seems acceptable for newcomers and those who have small capital. But those who spend a lot of money in trading and let us say they are experts, they can make it more as it was possible for them. But putting into the situation that we are new in trading and less experienced, we better accept and have contentment for at least we make a profit despite the level of our knowledge and skill. We should stop thinking instantly because this will be the reason for failure and emotion.

Really so acceptable since imagine that how hard to earn from trading or anything investments they have done for sure that 1% is really decent amount they can get in a day. And I also very open to have that profit since not everyday is good day for us since there are times that we lose due to unexpected sudden movements of the market. That's why for other who's starting up on this kind of investment they better know the risk so that they can set up some good plans towards what profit is already good to them since if they don't have anything like that then maybe they might be greedy to seek for more huge profit then we all know where it will end up since many unfortunate stories posted that they lose their profit and capital due to wrong decision they take and been greedy for wanting more profit to take out.

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Quote from: wxa7115 on October 27, 2023, 10:24:41 PM

Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

It is indeed possible to earn that amount, however make no mistake, just because something is possible it does not mean that you can do it over and over again, earning 1% per trade may not seem like much to those that do not understand the power of compound interest, but on my view that is a massive amount of money.

With this in mind you should not get your hopes up about getting those kind of results, as even the best traders around the world will be unable to get those kind of results.

yes, 1% is a very small amount if you think but that seems acceptable for newcomers and those who have small capital. But those who spend a lot of money in trading and let us say they are experts, they can make it more as it was possible for them. But putting into the situation that we are new in trading and less experienced, we better accept and have contentment for at least we make a profit despite the level of our knowledge and skill. We should stop thinking instantly because this will be the reason for failure and emotion.

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Quote from: Sebas.tian on November 02, 2023, 10:15:42 PM

Quote from: vineetrughwani

It's nice been a long time that since I've been called a noob.

The whole point of asking questions is to learn and ask anyone who has success they needed to start somewhere and failures are just stepping stones to move forward.

I do thank you for your advise.

That is why people are here to guide some new traders who need help to succeed in their crypto trading, because if you fail to ask questions before trading you can end up losing all your money at the moment, and it will make you not to talk about the good side of the decentralized currency. If you can apply all those good advice be given to you free by potential traders who have experienced so many things from crypto trading, I believe it will help you to become successful in future. Never allow any challenges to make you feel you can't make it again no matter the challenges you may come across, because some times losses can appear but don't let it make you lose your hope than to move ahead to fulfill your purpose.

when traders evaluate the losses they experience, it will grow their skills and experience in the next trade. for beginners I just want to suggest trying a little and upgrading your skills more. Because losses cannot be avoided, then properly manage the finances that will be used for trading. Experience is important, but don't be too ambitious to pursue your own experience. because experience can also be gained from other people without having to experience it yourself. asking lots of questions and listening to advice is a great start for any beginner looking to progress in crypto trading.

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Quote from: vineetrughwani

It's nice been a long time that since I've been called a noob.

The whole point of asking questions is to learn and ask anyone who has success they needed to start somewhere and failures are just stepping stones to move forward.

I do thank you for your advise.

That is why people are here to guide some new traders who need help to succeed in their crypto trading, because if you fail to ask questions before trading you can end up losing all your money at the moment, and it will make you not to talk about the good side of the decentralized currency. If you can apply all those good advice be given to you free by potential traders who have experienced so many things from crypto trading, I believe it will help you to become successful in future. Never allow any challenges to make you feel you can't make it again no matter the challenges you may come across, because some times losses can appear but don't let it make you lose your hope than to move ahead to fulfill your purpose.

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Quote from: Issa56 on November 01, 2023, 05:30:06 PM

Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ?

If you do take your time to do your analysis, and if it's correct, 1% is kind of small to me, so it's something that's really possible, you can even earn more than 1%, depending on yourself, but you know you won't be making profits always, time will come when you will lose. So don't think that because I said it's possible, you will think you won't lose. Don't even be surprised in a complete day, you won't make any profit if you are not careful. But if you are a day trader, you have to make sure that your analysis is accurate.

But from your post, i guess you are a newbie. It will be better if you are careful with future trading because it's kind of risky. Always trade with small amounts and low leverage. If you end up using high leverage, I won't be surprised if you end up losing all your capital. Don't think you can only make 1% daily on future trading; you can also make the same thing on spot trading with low risk.

Newbies should be even more conservative on their approach to the market and avoid leverage completely, I say this because most of the time newbies only look at the potential profits they could make with it.

But it never crosses their mind that leverage plays against them too, and what is even worse is that a single mistake can be enough to wipe them out, and due to their inexperience it is incredibly likely this will happen at some point in time.

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Quote from: terrific on November 01, 2023, 05:32:26 PM

Quote from: Quidat on November 01, 2023, 04:33:08 PM

You cant really just place up some money then just wait for it to grow or make some money or profit on which this isnt the market works or behaves.

This don't work in trading but in investing, this is actually what it is. Like you place money and invest in Bitcoin and wait until the price grows.
So with the same quantity, the value differs whether it goes up or down but mostly for Bitcoin we know how it works.
But since it's all about trading, yes, it doesn't work this way but if you find it easier to be an investor. Don't expect a daily profit from it.

Due to the volatility of the market, it was hard to say and assume that this would be the amount to earn daily.
if I would say that I earn $100 every day, I'm sure nobody would be able to believe and that is because there is no consistent earning in trading. If we earn $100 today, we can't assume that we still be earning the same again and again.
All of these changes depend on the following;
- market momentum
- capital
- strategies

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Quote from: vineetrughwani on October 25, 2023, 05:27:09 PM

Quote from: gunhell16 on October 25, 2023, 05:20:25 PM

Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

Any kind of trading, whether it's spot, futures, perpetual, or margin, They all have one thing in common, and that is the presence of "Buy and Sell". It's just different in concept.

Then the question is also there: is it easy to make a profit in trading? Particularly for newbies entering trading here in the crypto space. The answer to that is no; you are not allowed to know anything about trading because if you enter without knowing, you will come out as a gambler, not the trader you want to be. This has been mentioned several times on this forum.

Kindly note that i never mentioned anything about turning an easy profit. I asked if its possible .

Also as my question goes i wanted to understand more of the concept futures keeping in mind that i do understand there is "Buying and Selling " just confused on what happens when someone longs a certain coin @10x does it only get filled when someone else shorts @10x ?

Can I ask you: Do you have trading knowledge here in cryptocurrency trading or Bitcoin? because if anyone enters without knowledge of trading, it's quite difficult on the part of a newbie who doesn't know anything yet, and anyone will for sure, in the end, lose.

Especially if what you're trying to enter is futures or leverage, because it's a bit confusing to do that category of trading. But if you have an idea, I don't think that's enough for you to jump right into that kind of trading activity, in my opinion.

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Quote from: Quidat on November 01, 2023, 04:33:08 PM

You cant really just place up some money then just wait for it to grow or make some money or profit on which this isnt the market works or behaves.

This don't work in trading but in investing, this is actually what it is. Like you place money and invest in Bitcoin and wait until the price grows.
So with the same quantity, the value differs whether it goes up or down but mostly for Bitcoin we know how it works.
But since it's all about trading, yes, it doesn't work this way but if you find it easier to be an investor. Don't expect a daily profit from it.

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Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ?

If you do take your time to do your analysis, and if it's correct, 1% is kind of small to me, so it's something that's really possible, you can even earn more than 1%, depending on yourself, but you know you won't be making profits always, time will come when you will lose. So don't think that because I said it's possible, you will think you won't lose. Don't even be surprised in a complete day, you won't make any profit if you are not careful. But if you are a day trader, you have to make sure that your analysis is accurate.

But from your post, i guess you are a newbie. It will be better if you are careful with future trading because it's kind of risky. Always trade with small amounts and low leverage. If you end up using high leverage, I won't be surprised if you end up losing all your capital. Don't think you can only make 1% daily on future trading; you can also make the same thing on spot trading with low risk.

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Quote from: kingvirtus09 on November 01, 2023, 03:30:12 PM

Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

Of course, that 1%–2% or even more can happen in reality when you do that in the actual activity of trading; it is quite realistic, and then you will use 1000 dollars.But if you want a passive income using day trading, 1% is enough for me to get a profit, honestly, if my starting amount is $1,000.

Just make sure that the crypto asset you choose to trade has a good trading volume and the movement of its trading volume is also good, and your time frame should somehow not be too long; instead, it should be between 30 minutes and 1 hour.

You do totally lacking on what you are trying out to explain on here on which it would really be just that right that you should really be elaborating on what kind of trading method that he would really be needing and on what are the steps. Daytrade,scalp,hedge? 30mins to 1 hour doesnt really give out guarantees about getting that 1% specially the price cant really be that predicted.
Lets say that you do have that $1000, but doesnt mean that it would really be giving out assurance that you could really be able to hit up that target considering that 1% might be that small
but havent you able to think about the risks that the price might go down on the time that you had bought?

There would really be also some considerations which you do really need to think off before you could really be able to completely be able to understand this market.
You cant really just place up some money then just wait for it to grow or make some money or profit on which this isnt the market works or behaves.

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Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

Of course, that 1%–2% or even more can happen in reality when you do that in the actual activity of trading; it is quite realistic, and then you will use 1000 dollars.But if you want a passive income using day trading, 1% is enough for me to get a profit, honestly, if my starting amount is $1,000.

Just make sure that the crypto asset you choose to trade has a good trading volume and the movement of its trading volume is also good, and your time frame should somehow not be too long; instead, it should be between 30 minutes and 1 hour.

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Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.

Know question is a stupid. We are all ignorant of one or two things and the best way to clear them off from the head is to ask questions. If you ask and you get feedbacks, you wouldn't have it ur mind again.

Quote

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

1. If you are experienced trader that is well skilled and very good at trading, if there is high volatility you should make more than that, may be on average you should make around 3% on 4 hours but you can make more than that with altcoins, I'm making reference to bitcoin trade because that's the only coin you will never see on exchanges.
10% is quite also possible on futures as well but thefe is fee to be paid when you close a position and those fees are always high. If they deducted fees from your PNL, you wouldn't have much left, reason why people makes there position stay longer and also makes more profits before closing their position.

2. In everything you do when trading, know that there is another person doing the opposite of what you are doing. If you are selling, there are others on the other end that are buying. If you longing that the market will go up, then there is another trader that is shorting for market to goes down. That's how trading works.

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Quote from: Uruhara on November 01, 2023, 03:49:03 AM

If it is on the spot market then of course we have to buy coins that have been confirmed by technical analysis that the price of the coin is confirmed to experience a further increase. [...]

There is no such thing. Technical analyses only ever consider the past and cannot predict the future. So there can be no such thing as a "confirmed". However, TA can be helpful to recognize trends and to use these trends if necessary. But you should never rely on it, otherwise your trades will definitely backfire.

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Earning 1% in short term trading or in a day I think is very possible to get. But the most important thing is that we have to enter the right position. If it is on the spot market then of course we have to buy coins that have been confirmed by technical analysis that the price of the coin is confirmed to experience a further increase. But if we don't enter at the right time then we could also potentially experience losses. It is easier to enter a coin that is currently having a certain event which causes the price to always tend to increase continuously as long as the market user hype is still going on. But I personally very rarely do short-term trading. I prefer to trade on the medium term. And usually I do have a profit of more than 1%. Sometimes analyzing short-term movements is much more difficult than analyzing longer time periods or in longer time frames.

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Quote from: Bitcoin_people on October 31, 2023, 08:58:00 PM

If you are well versed in trading then surely you will face losses. That is why you must acquire knowledge or else you will never see the face of profit. If you want to do futures trading then it can be more fulfilling for you as the market volatility will start anytime and if you give 10x your money it is more risky. If you give 10% leverage it will definitely give you 10x profit but most importantly for you it can be and loss. If you want to earn by day trading then I think skip future trading and do spot trading instead. If you start with $1000 in futures trading, you must start with a small amount of leverage, it will be less risky for you. If you use 5x leverage with $1000 it will give you good amount of profit and reduce if. That's why you need to gain good experience about trading and later on futures trading as it is high risk so you should trade carefully.

Without good knowledge about trading, we will certainly suffer losses from the trades we make, so it is very important to be able to understand well what we will do to be able to profit from the investments we make. If we choose to trade, we need to prepare capital and also understand market conditions so that we can get a profit from the investment we make. You are right, we need a lot of experience from the trades we make to be able to profit from investments and we also have to understand the risks of the trades we make so we can avoid losses from the investments we make.

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I do have a target for trading but it is not always in a day so my first target would be range between 10-20% from initial trade then put stoploss+ or above the entry price and just watch the prices go when in luck haha maybe can touch 100% of course this on leverage trading

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Quote from: vineetrughwani on October 25, 2023, 02:29:43 PM

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

If you are well versed in trading then surely you will face losses. That is why you must acquire knowledge or else you will never see the face of profit. If you want to do futures trading then it can be more fulfilling for you as the market volatility will start anytime and if you give 10x your money it is more risky. If you give 10% leverage it will definitely give you 10x profit but most importantly for you it can be and loss. If you want to earn by day trading then I think skip future trading and do spot trading instead. If you start with $1000 in futures trading, you must start with a small amount of leverage, it will be less risky for you. If you use 5x leverage with $1000 it will give you good amount of profit and reduce if. That's why you need to gain good experience about trading and later on futures trading as it is high risk so you should trade carefully.

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Quote from: AakZaki on October 30, 2023, 12:23:06 PM

Only focus on the percentage of profits that can be obtained, not on the absolute amount that will be obtained.
Losses will definitely occur, but to cover these losses, several other wins are needed.
It is necessary to make multiple trades when performing fast trading methods.
Those who always want profits every day, don't think that every trade will come with some risk. whether small or large profits do not matter when small profits are routinely obtained.

I agree with this statement more than forcing myself to make big profits with uncontrollable risks. There are many people who like to make quick profits, but many of them are not ready to experience losses. Engaging in several trades is much better with a controllable percentage because when some conditions are at a loss we still have the hope of making a profit in other trades. But there are still conditions and difficulties when involved in several trades, therefore methods and knowledge are needed to control everything.

Small profits obtained regularly are much better than getting large profits but often experiencing losses. The method remains the same and how someone can be responsible for the trades they carry out, because trading cannot always produce profits and that is what we need to understand before deciding to trade.

Topic: How much could you earn in a day ? - page 3. (Read 902 times)