How much would you say one could realistically make a month trading? - page 3.

noormcs5

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

In the current market situation where almost every altcoin is going up you can make a lot of profit, minimum 2x-3x on monthly basis. But this ratio of the profit making will decrease in bear market and at times you won't be able to make any profit. I would not recommend you to do full time trading with only capital of 10,000$.

darewaller

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Quote from: TheUltraElite on February 13, 2021, 03:43:56 AM

Newbies traders who enter the market without proper groundwork on trading and how these market operate are more eligible to go with the zero profit scheme. Cheesy

I appreciate your enthusiasm but that is what is going to drag you down as well. Full-time trading? Not for the average user who has entered the crypto sphere recently and got pumped up seeing some shill youtube videos about trading.

One of the biggest things that can help you is patience for watching the market and knowing when to buy and when to sell. Currently the price is high and Elon-musked high. Grin

Hence this is the time to sell NOT buy. In other words, wrong time to enter the market.

Read past charts and observe the support levels. Dont just buy thinking this is going up and this is not. Indicators and all are only markers, not absolute of the trend.

I do agree that newbies trying to go from zero to 10x is really weird, first of all the idea of "zero to 10x" literally means zero, because 0x14 is still zero. Whereas going from 100 bucks to 1400 bucks for example is a valid thing and many newbies who are young do not even have that, everyone thinks "even a kid has 100 bucks" but that is USA or UK or places like that, I remember when I was a kid and I survived with only few bucks a day, that is how you do in third world countries.

Long story short becoming a very well trader that does 10x requires you to be amazing and give all you got as well, if you end up not being any good at all, do not be shocked at first because when you first start you will not be great and eventually you will get better and better. My first trades were horrible, but my latest ones made me a lot of money, you just get better over time.

beerlover

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

You can get like two to five percent daily and going by that you will be having not less than thirty percent by the end of the month. But, you will have to know how to and also make use of the right tool, like the stop loss tool, which can be very helpful if you are to use it the right way.

It’s not just about getting tools to make use of, you also need to understand how those tools works because if you don’t understand how the tools works you’re not going to be able to use the right way and make profit. The stop loss tool has to be set the right way, you have to make sure that the loss you’re encountering is not more than the profit you’re going for ,because when the loss is too much more than the profit, you will be gaining nothing. Although I have seen people who claim they are really good that they don’t have to make use of these tools. But that’s left for them, they should decide for themselves.

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

Well, the net a month will vary depending on the market situation like in this current market where everything is performing well or in a trend I'd say you will get a pretty decent amount, can't exactly tell the numbers because it will also depend on the coin you are going to invest with. The net profit could also vary depending on your trade performance because not all the time you will take profit. But at least try to get a target profit a day and don't be greedy in that way you could even get 50% or more if you execute your trade very well.

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

From my own experience, I can say that I can earn almost 40-60% profit in trading based on month trading. It already proved for me that I had earned that amount almost 4 months and still I am involved with trading and this bullish market helped me a lot to make it more. Please use your own brain with others signals which you followed or maybe followed.

tvplus006

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

...what could you net a month, realistically?

Despite the fact that we all love bitcoin and ethereum, altcoins bring a really big profit. But your income will be directly related to how you correctly determine the coin to invest in. There are some coins that showed an increase in the price of hundreds of percent per month, and there are those that brought only a loss to their owners. Which side you end up on is up to you.

MIner1448

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

Everything, of course, depends on your deposit, if your initial deposit is from 1000 dollars, then you can double this amount in a month, and it also depends on the market, at the moment it is best to go to the exchange to earn money.

TheUltraElite

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

Realistically you can make anything from zero to 10x of the capital.

Newbies traders who enter the market without proper groundwork on trading and how these market operate are more eligible to go with the zero profit scheme. Cheesy

I appreciate your enthusiasm but that is what is going to drag you down as well. Full-time trading? Not for the average user who has entered the crypto sphere recently and got pumped up seeing some shill youtube videos about trading.

One of the biggest things that can help you is patience for watching the market and knowing when to buy and when to sell. Currently the price is high and Elon-musked high. Grin

Hence this is the time to sell NOT buy. In other words, wrong time to enter the market.

Read past charts and observe the support levels. Dont just buy thinking this is going up and this is not. Indicators and all are only markers, not absolute of the trend.

South Park

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Quote from: palle11 on February 09, 2021, 05:47:46 PM

Quote from: mk4 on February 08, 2021, 12:48:41 PM

Yes, even with only $10,000. Leverage is a "wonderful" thing that could either make you rich or could make you homeless in no time.

Leverage haha... You quite understand leverage, very risky to rely on. Leveraging an account especially high leverage of 1-500 could be a high risk.

For OP 10,000, I think plotting for a 10% profit in a month is moderate enough for a professional trader.

It depends on which market we are talking about, earning 10% per year in the stock market will make you a hero and I can assure you that many people will try to get you to invest for them if you were able to pull off those results consistently over the years, in the market of cryptocurrencies the volatility is a lot higher so there is more potential here to obtain profits but still your goals need to be realistic otherwise instead of earning money you are going to lose it at an alarming rate.

goinmerry

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

Easy to do math if only our expected direction will go smoothly which is not the case here.

Don't think about the profits yet. Hard to give numbers wherein we don't know what will happen in the future. Lots of happenings, good or bad can happen even within less than a week so how about for a month. Just do your best to take profits and manage your trades properly. Don't expect much and that's more realistic compare to expecting good returns on a monthly fixed term.

semobo

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

It is not possible to draw a line for how much you could make a month with crypto trading, it depends on your skills, decision-making ability, market movement, and importantly luck. Well 5 to 10% return per month is a possible target if the play with their capital in a right manner like setting stop loss to prevent from huge losses and utilizes every movement with stable coin pair, etc.

molsewid

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Quote from: 9thsky on February 08, 2021, 11:50:05 AM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

With this amount I advice to diversify it either so that you will not have a massive losses if bitcoin dips or crashes the next few weeks, or you may do some scalping every 10% growth out of $10,000 is good actually around $1000 gain in every week is enough or $4000 per month. But I am not really sure though because market is very volatile we can exclude the fact that even though we know that we are in alt season still we don't know how long it will take same as to bitcoin bull run.

New.in.trading

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Quote from: Kelvinid on February 10, 2021, 09:10:57 AM

Quote from: dothebeats on February 10, 2021, 08:58:56 AM

In crypto, if you got your eyes peeled on most of the daily action and price swings, you can potentially make 2-10% per day depending on how fast you execute your trades and how careful you are when doing so. I have some good runs in trading wherein I walked away 10% richer, and had bad beats losing most of my capital in an hour or so. There isn't any definite percentage of profits or losses you can get from trading, as it's literally on your calls and your strategy to try and make a profit.

If I'm going to make gain 2-10% (which is possible), I could see myself being rich in just a year of trading. But why many traders have failed? I suppose to think that they wanted to get rich from here? There is one reason why it happens to me, why got tired of trading because of their capital. We can expect a huge return if we just having $100 as a capital.

*Huge capital
*Effective trading strategy
*Plan

I believe these things could help to reach what wanted to happen in the future and this 2-10% daily profit will come to reality.

Lets do the math here:

1.5% account gain per day, for 365 days in a row, what you claim to be easily possible. We start with 10k. After 365 days without withdrawal, your account would be at 2,291,423.81 $.

Check it here:
https://www.thecalculatorsite.com/finance/calculators/daily-compound-interest.php

Not sure if this is realistic... If so, then I am sure everyone in here is stinky rich and no one here has a regular job anymore.

0.5% a day would still bring your account from 10k to 61,746.53$

and your whopping 10% a day... from 10k to 12,833,055,803,133,532,160.00 $ in only 365 days. Only from trading your BTCUSD Not sure if/how realistic this is...

gabbie2010

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Using 2% on a trade and compounding your daily profits is the best bet towards a reasonable amount of profits monthly provided that you have a good trading strategy and sound money management however if you decided to buy a coin at low and waiting for it to pump requires DYOR which is also risky if a wrong choice was bought, Making a profits of $2K from an investment of $10K is reasonable coupled with compounding will bring you massive profits in along run however some losses will definitely be incurred.

Mahanton

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Quote from: Kelvinid on February 10, 2021, 09:10:57 AM

Quote from: dothebeats on February 10, 2021, 08:58:56 AM

In crypto, if you got your eyes peeled on most of the daily action and price swings, you can potentially make 2-10% per day depending on how fast you execute your trades and how careful you are when doing so. I have some good runs in trading wherein I walked away 10% richer, and had bad beats losing most of my capital in an hour or so. There isn't any definite percentage of profits or losses you can get from trading, as it's literally on your calls and your strategy to try and make a profit.

If I'm going to make gain 2-10% (which is possible), I could see myself being rich in just a year of trading. But why many traders have failed? I suppose to think that they wanted to get rich from here? There is one reason why it happens to me, why got tired of trading because of their capital. We can expect a huge return if we just having $100 as a capital.

*Huge capital
*Effective trading strategy
*Plan

I believe these things could help to reach what wanted to happen in the future and this 2-10% daily profit will come to reality.

This is right! These are the factors that mainly affect someones profitability in a months trading.It will really vary or depend on how much capital you had put in
and how well you do trade in the market.Also, there are chances that even small capital will able to make it big basing off if he do make out compounding
plus having some good trades in the end of the day. Traders can be classified in 2 types neither a short term one or long term one.
Decisions would be made basing off into their initial goals or plans in the first place.

Kelvinid

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Quote from: dothebeats on February 10, 2021, 08:58:56 AM

In crypto, if you got your eyes peeled on most of the daily action and price swings, you can potentially make 2-10% per day depending on how fast you execute your trades and how careful you are when doing so. I have some good runs in trading wherein I walked away 10% richer, and had bad beats losing most of my capital in an hour or so. There isn't any definite percentage of profits or losses you can get from trading, as it's literally on your calls and your strategy to try and make a profit.

If I'm going to make gain 2-10% (which is possible), I could see myself being rich in just a year of trading. But why many traders have failed? I suppose to think that they wanted to get rich from here? There is one reason why it happens to me, why got tired of trading because of their capital. We can expect a huge return if we just having $100 as a capital.

*Huge capital
*Effective trading strategy
*Plan

I believe these things could help to reach what wanted to happen in the future and this 2-10% daily profit will come to reality.

dothebeats

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In crypto, if you got your eyes peeled on most of the daily action and price swings, you can potentially make 2-10% per day depending on how fast you execute your trades and how careful you are when doing so. I have some good runs in trading wherein I walked away 10% richer, and had bad beats losing most of my capital in an hour or so. There isn't any definite percentage of profits or losses you can get from trading, as it's literally on your calls and your strategy to try and make a profit.

AicecreaME

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The amount of capital doesn't matter, it will fully depends on the Trader's capability and talent in Trading, second, it will depends of course on the market situation and what kind of Trading he will do. But a beginner would roughly make just the $10,000 a $100 in a month, depends on how much leverage and bet he will put every trade.

But for a normal Trader, I would day they would make a 40% winning chances and the rest is all losses, nonetheless, it is all work the risk in order to gain knowledge from experience.

New.in.trading

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Quote from: el kaka22 on February 09, 2021, 01:29:40 PM

Quote from: New.in.trading on February 09, 2021, 07:21:00 AM

I would go with a percentage of your Account.

Short term: with high risk: more than 50% is possible

Long term: with serious money management rules and not more than 1 or 2 trades a day, I'say 10-30% a month is more than good. Sounds like its not much, but do the math to see where you are in 3-4 years if you can continuously make 10-15% a month, trading BTCUSD.

I know that you are "new in trading" and you have been around for few months only, but those are not realistic numbers at all, you have to know that. Sure since October we have been in a bull run so making 10-50% type of returns monthly were possible, you could definitely reach those numbers in these last months, but that is not really the case in most situations, only in bull markets.

It means if you are not in a bull market, doesn't need to even be a bear market, you will end up losing a lot of money, and if it is in bear market you are going to end up losing even more money, at least with the way you think. You have to realize there is no "sustainable" amount of money you could make per month, in crypto you sometimes make 100%+ profit a month and sometimes you lose 50% of your money, and all could happen in blink of an eye, that is why I think you should probably realize that going into high risk stuff is not sustainable in the long term.

Well I agree to an extend. As I wrote I'say 10-30% a month is more than good. I did not say its easy. Imho, 10% a month is a great result. There will be month with only +2/3 % and even months with a loss.

I assume you are hodling, not trading, right? If you trade, you can sell in bear markets and still make profits. If you hodl, you dont make money at all, as you only sit on your BTCUSD and not do anything with it. Thats not a bad thing, dont get me wrong! As a trader, I try to go where money goes to then make profits. My trading Mindset is totally different from my hodling mindset.
In trading, I dont risk more than 0,5-1% of my trading account per trade. I always take partial wins and I close the trade if it does not go in my direction. Following these rules, my account grew in the past months. My hodling account is a different thing, it may go up, it may go down, I dont really look at it. I will look at it in a few years and see where it went.

So I partially agree with you.

Japinat

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OP must have to clear your target profit every day. This is very important for you to be guided.

Quote from: JooBra on February 09, 2021, 05:11:42 PM

It depends with which capital you start and also from the time you start. Starting trading this year you would make much more money then normal times. And if you get really good at it only the sky is the limit.

Having a capital of $10,000 as OP mentioned was big already. If he gonna play it right, if he is good in trading, he can possibly get big returns. 1-2% daily profit, it was big enough for me. That can be increased depending on the market situation and that also how you respond to it.

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