Topic: How much could you earn in a day ? - page 4. (Read 902 times)

Nobody should look for a "could it be done" mindset, it could be done, whatever you want could be done, I have seen people double their money within a day too, does that mean you are going to?

Just because someone can be done doesn't mean that it will be done over and over again, it just means that its possible and we are not going to really get a result that should be all that common for people. I think it would be smarter if we could end up with a result that should be a little different and difficult to understand.

What people should be focusing on is what they can do, and that CAN do part is important, possibility of something big is there, but what is the realistic amount of money that you could do. I always say that 50% yearly average over course of 10 years is the most realistic approach to bitcoin, it makes you rich, and it will give you your retirement at a very comfortable level if you do that, focus on trying to make that happen. That doesn't mean 50% every year, it means 50% yearly average on a 10 year period.

If you can make that, then you can turn a simple 1000 dollar investment, into wealth that will be enough for your entire family in a few decades before you pass away and leave it all to your children.

You can earn significantly more, since with dump, the coin price sometimes decreases by several tens of percent and if you use leverage, the profit can be hundreds of percent. But you should understand that if you open an order in the wrong direction, you will get a big loss instead of profit, and if you trade with leverage, you may lose the entire deposit.

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.

Getting a target of 1% of the current market situation is possible with daily trading but as you and I said, they must master the analysis that can help them analyze each coin. That will be useful for finding coins that can move well. If they can earn 1% every day, that means they can earn 30% every month. And these results are more than enough for anyone, especially if they master analysis well. They can reach the target of above 1%.

It's better to get small targets regularly than to get big targets but we don't know when we'll get them. That could make us despair in waiting for that big target to be achieved. The more often we learn trading and practice it, the more our analytical skills will develop and that means our chances of making a profit will be even greater.

Yes, before they have more experience with trading, they should stick with small capital to minimize losses. That way, they can keep learning while practicing and over time, their abilities will definitely get better.

I will be very precise here since you already got more explanation under the thread. I observe you're an amateur in trading with these questions thou. To answer your question, Yes! it's possible to make 1% profit on a trade within a short time frame but this is however, not guaranteed and you should know that short term trading is very risky. As for leverage, using higher leverage actually increase the potential for profits but it also increases the risk of losing money. When it comes to short term trading, there's need for you to understand the concept of volatility. Generally speaking, the more volatile an asset is, the more it can move up or down in a short period of time.

One thing you should keep in mind is that short term trading requires a lot of discipline and emotional control. You need to be able to stick to your strategy even when the market is moving against you.


This depends on the type of trade you're into. In normal spot trades, you are matched with someone else on the other side of the trade. But in futures trading, you're not necessarily matched with someone else. Instead, you're trading against the exchange. So, in this case, your trade will fill regardless of whether someone else is trading the same contract or not.

If you wanted to tackle your things one on one , then better to have a coach because that seems to be the one you need, though I believe that they are surely with payment but you will learn deep and of course completely.
remember that this is your money and you wanted to learn and earn so better not to ask everything for free.
My Brother did everything to learn trading and indeed He spent some good amount enrolling in expert trader to have a mentor and a teacher.

You're triggering future positions with high leverages, there's absolutely nothing wrong with that, I know all you're after is accumulating enormous profits from the system, but to milk the system, there ought to be disciplinary principles that provide guidance. Setting good leverages in future and also ensuring there's good entry will generate good trading money, but we should remember that there are loses also. We're not limited in the system, we can earn good significant money and also lose them if we don't abide with good trading strategies.
The system have been designated to make us lose more money and run into liquidation but the wise trades tends to escape from the scenario.

Although 1 percent is a very small amount, there is no guarantee that you will make profit 1 percent every day. Because sometimes you have to lose. As there is a advantage in futures trading, if the leverage is high, your profit will increase rapidly, but if it behaves differently, then your risk of losing will increase greatly. Everything is uncertain. However, it is not unusual to get a return of 1 percent or more if a little more money is added in the account.

There is nothing wrong in asking questions when you are confused about something or want to add to your knowledge, so you shouldn't feel that your questions are silly even if they are .

It is possible to make more than 1% on a short-term trade depending on the market conditions and the volatility of the coin you are trading. It's not easy, but it's doable if someone has enough knowledge and experience about the market and knows the right time to buy and sell. I wouldn't recommend using 10x leverage in futures trading if you don't have enough experience in it because you will risk losing your capital with that.

I don't have a lot of knowledge or experience about futures because I don't trade in futures, but as far as I know, exchanges have their own liquidity for futures trades, so for your trade to be successful it is not necessary for someone else to have a failed trade with the same leverage because the amount used will also be different for sure, but general knowledge tells us that when you long a certain coin and get a successful trade, it obviously means that a lot of people who might have shorted the same coin must have lost their money and that is added in the liquidity of the exchange.

It means that we can't be greedy in trading, we instead know how to accept small amounts of earnings. If we can make 100usd today, we can't be sure that it will be the same for tomorrow but possibly be bigger or below, and also it is possible to lose. Trading results are uncertain which is why we can't assume to earn this amount XXX every day.

I could agree that even if we have a target but we should not think every time we trade, we instead think about how to earn at least a little every day without focusing on our target amount.

To answer the question in the topic title, I think it varies from person to person. As someone who generally trades futures with a very variable capital, unfortunately, it isn't possible for me to specify a clear percentage because I aim for a daily profit based on the amount depending on my living conditions and expenses.

1) Yes, it is possible to earn daily profits by using leverage and the percentage of earnings varies depending on the leverage ratio. For example, when 10x leverage is used if the traded parity changes by 0.1% the profit rate corresponds to 1% of the margin you use. If this change occurs by 10%, the profit obtained is twice the balance used as margin not the position size. That is, when 100 USD margin is used with 10x leverage the position size will be 1,000 USD and a 10 USD profit will be obtained with a 0.1% change in value. In other words, a profit of 10% of the margin amount will be obtained. In a similar situation, it will be possible to obtain 100% profit compared to the margin amount with a 10% change in value in the transaction parity.

2) Yes, a reverse process occurs in the process of closing leveraged transactions. In other words, the margin transaction here is closed by selling/buying to close a long transaction. For this reason, you can think of margin transactions as buying and selling just like spot transactions. Of course, it wouldn't be correct to say that it is literally the same as spot transactions but it is possible to define it in the simplest way.

I often like to trade day trading as it is a better option for me as compared to waiting for a long even for some dollars, for example, If I have a small amount of portfolio and I invest this amount in a certain coin maybe 1 or 2. And I start waiting for the price to pump,  I have to wait too much for it to get even my own. And something this could also happen that I have to be at a loss.

You can go for day trading with some suitable coins depending upon your portfolio one of the coins would be the BNB, as it is really better these days and I have also seen some of the traders buying it for the long term I have seen their videos on YouTube but I didn't believe really on them that they will be on a right decision.

Not really that bad on making yourself that wary on what you are or your current standing when it comes to knowledge and experience on which its not really that good or not that enough.
Its better that you should really be having that kind of acceptance rather than on making yourself that boastful on being knowledgeable even if its not. Trading results would really be
that totally be depending on several factors on which it would be determining about your experience/knowledge and be mixing up those proc when it comes to market movement.
Earning % would really be that totally different whether your are experienced or not which it would really be that random.

But one things for sure that you shouldn't really be that easily dealing with futures trading when you are really just that starting to trade and it isnt really that something
that would be ideal and its good that you have realized when it comes realistic approach.

The feasible return seems not to be too much so it is not impossible but you need to rethink it as you are risking more than 1% for that same profit. Crypto market small correction is even 5%-7% long so if the market starts running opposite of your trade then you will lose 5 to 7 of your winning trade. As your target is to profit 1% per trade so I assume you will close your trade at 1% profit. Is that really worth it for you and if i am thinking wrong in here enlighten me.

What you are saying here has absolutely nothing to do with Bitcoin. Your statements apply just as much to the stock market or forex trading, which at first glance hardly move.

Bitcoin's only unique selling point here is the potentially very strong swings up or down. These can hardly be found on the stock market in very short time frames (e.g. less than 6 hours). However, this does not make Bitcoin less difficult to trade or requires a higher risk awareness than stocks or the already mentioned Forex trades. These extreme swings can hardly be predicted by anyone and are usually triggered by news or events over which one has no influence, e.g. the collapse of FTX or now the rumors surrounding the approval of a Blackrock ETF.

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If this is indeed true, I would urgently adopt a risk management strategy if I were you. This sounds more like gambling than real trading to me. Before you enter a trade, it should be clear when you get out, both in the positive and negative sense!

didn't target how much I can make in a day because I'm not a short term type of trader.
I prefer long and medium term investments.
Often also do swing trading and profit at least 5% -10% depending on market conditions.
I don't always target a certain percentage, if I have made a profit and that's enough then I close the order. Long term it might yield 2x or even higher.

Bitcoin trades have to be done over a long period of time and there is a possibility of loss if you trade in a short period of time. People who have no knowledge or experience in trading should not trade in Bitcoin. Because Bitcoin is risky it is more or less known to everyone so the money you invest is your earnings or your father's money. If it is your father's money then you must take every step carefully. Because here if you suffer any. Then you have to answer to your father. And if the money is yours then you can trade if there is a loss then you will lose but no one will be held accountable. Then I will say one thing if you don't have that good knowledge about bitcoin then you better not trade bitcoin.

If indeed you only target 1% of daily or short-term trading in my opinion yes it is quite possible because here you are looking for only a small portion as take profit per day for example. Of course, it is not impossible to experience losses, especially for short periods of time you will usually feel aggressive fluctuations from one of the coins that you have chosen or determined as a place to look for these targets. So you or they should be able to be more careful and vigilant when starting trading, choose one of the coins that allows you to get the 1% target, and yes another thing is that you must really master a very good technical analysis, none other than because it will make it easier for you to reach the target.

Yes, lately the market looks more crowded than a few years ago, none other than this is also due to the development of increasingly sophisticated technology which makes most people finally know about the world of investment and also motivated by some traders who are increasingly professional who have managed to get a large enough profit. It doesn't matter if we target small profits, what's more important is to be consistent and stay that way, because it's useless if you target big profits but the end result is always not what you want which means that losses dominate.

This is intended for those beginners who have just come, capital allocation is also very important to consider, meaning that they must really allocate money that they can be responsible for if they end up losing, take lessons from the mistakes you have made and consider this small amount as training so that you grow, and if you feel that you are able and can always achieve consistent results with small targets then next you can increase your take profit.

It is possible to make 1% from futures trading in a short time but you have to find a coin that can move rather quickly and you also have to be able to analyze it. Without it, you will not be able to get the benefits and may suffer losses. For the current situation, it can be obtained because many coins are moving better because they follow Bitcoin's movements.

The market now looks more lively than in the past. And that means you can profit from futures trading. It is better for you to keep earning that 1% in futures trading and repeat it many times because that means your profits will also increase.

If you are a beginner and have no experience in futures trading, you should use only a small amount of capital. You have to get at least used to everything in futures trading and understand it to analyze it well.

These are two specific question and I try to answer them as honest as possible. 1.) Sure 1% is possible for a day trader, just look at one particular crypto currency like Bitcoins and you will see that prices tend to move 1-3% on average a day. If you buy and sell at the right time you can turn that into your profit. Now with a 10x leverage this would increase your profit to 10% on a single day. However, from your limited experience I wouldn't expect this to be a reliable income. Running a 10x leverage increase your risk a lot, because it also will make any losses 10 times worth. So, if the market drops 5% suddenly this will wipe out half of your money. As a someone with no experience in leveraged positions I would rather stay away from them and first try to make money in the spot market. 2.) Yes, futures also need to have a counterpart, your profit needs to come from somewhere. In the ideal world the exchange would match buyer and seller of future contract so that there is no risk for themselves. But this is not always possible as there will most likely be more people going long into future contracts than short. In that case it's all about hedging your positions to not face any serious risk.