I have witnessed it's real to earn daily with futures trading

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Quote from: Waldorf77 on May 03, 2024, 10:24:49 AM

I seen friend of mine use bybit and binance futures.
He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me

It sounds interesting to the mouth but in reality you need to have all the knowledge you can, both technical and fundamental before you can become profitable at trading. Your friend have spent many years in trading so all what you’ve said about him all lies to that perfection he has. If you try to copy his strategy, you might not be profitable in it, just focus on learning and become good at trading if you want to try your trading journey. But if you focus more on the rewards attached to it, you’ll not learn anything and be viable to more losses than wins.

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Quote from: Waldorf77 on May 03, 2024, 10:24:49 AM

~
Do you know Same ?

Constant profits? It's possible especially for those who have experience for more than 15 years already.
Daily profits? Possible but in the OP's case, he said that he's using 1 day chart instead of a lower timeframe like 5 minutes or 15 minutes. That's not daily profit.

Doubling your money every single day through trading? I don't think that it's even possible TBH. Of course, I'm not an expert in trading but I don't think that this is possible. Double your money within a week or 2 is possible, but double it every single day? Nahhh, it's impossible. Share some proofs here that he really doubles his money on a daily basis in trading.

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Quote from: synchronym on May 09, 2024, 05:29:23 AM

Quote from: Cosette on May 03, 2024, 08:44:23 PM

Well, i actually try jumpin' to future trading this year. Since i bored when nothing to do at work.
Technically its possible but it isn't that easy. I do daily future trading earlier this year and made decent profit. But, the stress when i saw candle goes the opposite side made me stress and got stuck in my head when i do work. Even there was a day that i lost about 60% of my money even using the same strategy that i usually use. At that time i tried to get back my money that lost and about 4-5 days later, i finally break even and stop doing futures trading again. Still profit from my start balance, but not gonna try again. 10/10 stressed out.

In trading you must consider a lot before trading. Many times it is seen that one invests rashly without knowing the various aspects of trading in the hope of a quick profit. To the newbies who are new to trading must first gain enough knowledge about trading then trade long term. In trading, if we know enough about the market and then trade with a long-term plan, we will definitely be successful traders in the future. In trading, we must be patient. Many times it is seen that many investors lose patience, so patience is very important .Matters. We should not lose patience in trading. If we trade patiently with a long-term investment plan, we will surely succeed in trading one day.

Yes, that's the greed of a beginner, without considering anything. Yes, let's not get carried away by a trader who wins a lot of money in trading. Maybe they have experienced bitter pills for years to master the science of trading. I think for beginners to master the knowledge it takes a long time and the losses will definitely be big, it would be better to just stop trading there, it is better for you to choose long term or spot trading, this risk is not too big compared to short term. Basically, any indicator we use is not completely perfect because it cannot move the market in any direction. Even those who are experts can sometimes lose money.

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Quote from: AnonBitCoiner on May 12, 2024, 12:42:28 AM

There are also many earning opportunities besides future trading but people are in desire to earn more money because their desires never get completed and they don't think about good and worse technology but wish to be a wealthy person in a society.

People should avoid getting into futures if they are not familiar with it. If they can't win a lot of spot trades, they shouldn't get into futures.
It's too attracting to get into futures with what others are showing but, it's not how easy it is with those that don't have an idea about it.

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Your friend is the type of guy whom I would advise newbies to stay away from because such are the people who make people have dreams that aren't fulfillable because you can't expect to earn 100% or more in profit every day from futures trading because the market doesn't move in the same level every day, one might make that much now and then, but it can't be constant because constant 100% profits would make someone rich in no time even if they trade for a few months.

People who don't know anything about such things would start thinking that they can do it as well, and they might start trading without much knowledge and any experience and lose their capital in no time because futures trading is not for newbies but only for professional and experienced traders.

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Quote from: AnonBitCoiner on May 12, 2024, 12:42:28 AM

I think we should not be involved in that technology where our losses are huge but our winnings are less because it does not balance our income but our money is reduced day by day. Those individuals who are a part of future trading are at high risk and instant success is not only the result of future trading but many people are empty pockets just because of future trading...

I will not explain all the advantages of margin trading now, but I can say for sure that those who lose their money do not follow the risk management strategy. And so you should open an x2 position for 2-3% of your deposit with the mandatory use of stop loss, and in this case you will sleep peacefully, and your deposit will be safe.

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Quote from: bettercrypto on May 11, 2024, 02:07:59 AM

You can really get instant or constant profit in futures trading if you have a deep understanding of it and are also focused. I believe in that matter. The only thing you should also think about is that you can also instantly lose a large amount there if you forget or forget, which can also eat all your balance in futures trading.

And I have read and seen a lot of people who lost there too, and I take note that they lost not a trivial amount there just because of a simple thing they forgot to do. You know what it means.

I think we should not be involved in that technology where our losses are huge but our winnings are less because it does not balance our income but our money is reduced day by day. Those individuals who are a part of future trading are at high risk and instant success is not only the result of future trading but many people are empty pockets just because of future trading.

There are also many earning opportunities besides future trading but people are in desire to earn more money because their desires never get completed and they don't think about good and worse technology but wish to be a wealthy person in a society.

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Quote from: Waldorf77 on May 09, 2024, 02:38:23 AM

Maybe not 15 years crypto but my friend did forex amd others before crypto.
I did opened this topic to talk about his TA analytics not to discuss If it's real or not i want to know your opinion about the indicators
Well sometimes he make more than 100% because some coins pump in binance everyday like 20%-30% and managed to entry to those coins before they pump by using the indicators what i said here.
I did not open this topic to start talking if it is real or not yes he really earn good profit not everyday but 4-5 days weekly with 500-1000$ each trade and yes he have a lot money but he not happy about his wealth because henwant to be like Warren buffet because he been working hard and he always complain that even If he make 50 times more money he never reach to the high class he don't compare himself with poor guys like i am he always watch the most wealthy guys life and he feel bad about his wealth even he got a lot money but he feel that he need more

There is no point talking about the TA skills of your friend if this is not real, and the fact most users here do not believe its real is because it sounds too good to be true as it makes no sense, as someone that could do what you claim your friend can do, will in fact reach Warren Buffett status and wealth in just a few months, and since you specifically state your friend is frustrated because this is not the case, this tells me his profits are way smaller than what you claim.

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Quote from: mirakal on May 10, 2024, 06:38:24 PM

Quote from: nelson4lov on May 05, 2024, 04:55:03 PM

As someone that has played with Crypto trading via perpetual futures, I can say for certain that there is money to be made and people are making it but it is not as easy as your friend has made it seem. If you jump into trading based off those tiny details your friend told you that you outlined in OP, then it won't cut it. Trading is a skill to be learnt as you can't just throw a few indicators on the chart, cross your fingers and hope it ends in a TP for you. Regarding your friend's experience, not to shade him or anything but for someone with 15 years of experience, I expect his size to be of bigger magnitude, no?

Well, only your friend knows OP if he is fabricating his own words or he is actually telling his true experience with futures trading. But what I can say is that there’s always chance to lose in futures than to expect consistent profits. Because even if you are a futures trader for 15 years, if it’s really true, still that won’t stop you from making some losses as well. Futures trading is highly risky most especially for those who aren’t having good experiences in trading, so don’t easily believe when someone say futures trading is the key to successful daily earning.

Expect for something bloat up story since for sure some people will create stories just to brag their achievement on trading so they will look good to a those people who's listening on their statement. People need to know that its hard to earn on futures trading even if you are good trader since there are times that you will really commit a mistake. Lots of stories discuss about those supposed to be skilled traders who lost their money on a single mistake. That's why we should learn from those lesson and if we really want to earn daily income from it then we should start to figure out what is our target on our trades. Also we should develop our attitude to have good patience and also have good decision making since being greedy is our main enemy here and we could able to lose a lot of money if we expect a lot for wanting to earn a lot of profits.

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Quote from: Waldorf77 on May 03, 2024, 10:24:49 AM

I seen friend of mine use bybit and binance futures.
He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me
He follow yellow MA moving average when long position.
Purple MA when short when short he use RSI purple higher and when long he uses yellow RSI HIGHER and he entry usually after stable MA on fourth Candle usually he said that 6-7th Candle Will break out.
He using 1 day chart moving average and RSI when taking the long position he put each trade about 500-1000$ so he make decent profit.
Im telling this story becouse i seen myself it's all possible to make it constant profits.

Do you know Same ?

You can really get instant or constant profit in futures trading if you have a deep understanding of it and are also focused. I believe in that matter. The only thing you should also think about is that you can also instantly lose a large amount there if you forget or forget, which can also eat all your balance in futures trading.

And I have read and seen a lot of people who lost there too, and I take note that they lost not a trivial amount there just because of a simple thing they forgot to do. You know what it means.

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Quote from: nelson4lov on May 05, 2024, 04:55:03 PM

As someone that has played with Crypto trading via perpetual futures, I can say for certain that there is money to be made and people are making it but it is not as easy as your friend has made it seem. If you jump into trading based off those tiny details your friend told you that you outlined in OP, then it won't cut it. Trading is a skill to be learnt as you can't just throw a few indicators on the chart, cross your fingers and hope it ends in a TP for you. Regarding your friend's experience, not to shade him or anything but for someone with 15 years of experience, I expect his size to be of bigger magnitude, no?

Well, only your friend knows OP if he is fabricating his own words or he is actually telling his true experience with futures trading. But what I can say is that there’s always chance to lose in futures than to expect consistent profits. Because even if you are a futures trader for 15 years, if it’s really true, still that won’t stop you from making some losses as well. Futures trading is highly risky most especially for those who aren’t having good experiences in trading, so don’t easily believe when someone say futures trading is the key to successful daily earning.

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Quote from: justdimin on May 10, 2024, 04:19:20 AM

I mean a million dollars in a week is not normal to be fair and feels like that shouldn't have happened if he was careful, if he didn't end up betting with a million dollars then he would have been fine. That way he would be in profit and would have been rich today. Biggest risk in futures is that some people think that because they made a lot of money, it will continue forever like that and not realize the risks they are taking and get bolder.

I grow up in crypto via gambling, so I've seen millions also quite easily happen. Sometimes even in a day. These guys hit such highs on x10k they can't stop until they lose it all.

Now if anyone disagrees most traders are gamblers, they should just look for posts like this. So many of them floating around on reddit and Discord.

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Quote from: Marvell1 on May 09, 2024, 08:12:34 AM

I have also seen some people make thousands of percent from futures trading and making $1000 per day is nothing short of extraordinary. But if you claim that he has never lost or had no losing days in a month then I believe what you say is just a fabrication. Like the market correction after halving. Many people made huge profits during the previous price increase, but with the unexpected market correction, many people lost all their profits and even had negative capital.

I once saw someone earn 1 million USD in 2 months but then in just 1 week he lost more than 1 million USD when trading futures. So I really don't believe what you say.

That type of loss makes no sense to me, I do agree that people make and lose money from futures so there is really no just one way towards this, of course it is both up and down all at the same time but we are talking about something that looks like we are not going to end up with anything weird, it should feel like it's normal.

I mean a million dollars in a week is not normal to be fair and feels like that shouldn't have happened if he was careful, if he didn't end up betting with a million dollars then he would have been fine. That way he would be in profit and would have been rich today. Biggest risk in futures is that some people think that because they made a lot of money, it will continue forever like that and not realize the risks they are taking and get bolder.

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Quote from: Waldorf77 on May 09, 2024, 02:38:23 AM

Quote from: Huppercase on May 05, 2024, 01:19:44 PM

Quote from: Waldorf77 on May 03, 2024, 10:24:49 AM

I seen friend of mine use bybit and binance futures.
He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me
He follow yellow MA moving average when long position.
Purple MA when short when short he use RSI purple higher and when long he uses yellow RSI HIGHER and he entry usually after stable MA on fourth Candle usually he said that 6-7th Candle Will break out.
He using 1 day chart moving average and RSI when taking the long position he put each trade about 500-1000$ so he make decent profit.
Im telling this story becouse i seen myself it's all possible to make it constant profits.

Do you know Same ?

Your friend has experienced in trading for 15 years or has experience trading on Binance and other exchanges? I think you mean the former because Binance is not upto 10 years, even Bitcoin isn't upto 15 years yet, that said.

One thing you need to understand about trading is that indicators can be lagging and can be proactive, it can give signal after the coin has pump or dump and might give you signal before hand. Most of the ones you mentioned like the moving average MA and RSI are lagging indicator but we have some like Bollinger band and EMA that doesn't lag but in some occasions, EMA lag behind.

In addition, indicator isn't the only thing you need to make money from trading, you need to understand trend line and support and resistance and some other key things needed in technical analysis of trading.

Maybe not 15 years crypto but my friend did forex amd others before crypto.
I did opened this topic to talk about his TA analytics not to discuss If it's real or not i want to know your opinion about the indicators
Well sometimes he make more than 100% because some coins pump in binance everyday like 20%-30% and managed to entry to those coins before they pump by using the indicators what i said here.
I did not open this topic to start talking if it is real or not yes he really earn good profit not everyday but 4-5 days weekly with 500-1000$ each trade and yes he have a lot money but he not happy about his wealth because henwant to be like Warren buffet because he been working hard and he always complain that even If he make 50 times more money he never reach to the high class he don't compare himself with poor guys like i am he always watch the most wealthy guys life and he feel bad about his wealth even he got a lot money but he feel that he need more

I have also seen some people make thousands of percent from futures trading and making $1000 per day is nothing short of extraordinary. But if you claim that he has never lost or had no losing days in a month then I believe what you say is just a fabrication. Like the market correction after halving. Many people made huge profits during the previous price increase, but with the unexpected market correction, many people lost all their profits and even had negative capital.

I once saw someone earn 1 million USD in 2 months but then in just 1 week he lost more than 1 million USD when trading futures. So I really don't believe what you say.

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Quote from: Finestream on May 09, 2024, 04:49:32 AM

Quote from: mk4 on May 03, 2024, 11:25:16 AM

Quote from: Waldorf77 on May 03, 2024, 10:24:49 AM

He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me

Your boy is either lying, or already got delusional with his new strategy thinking that it'll work great forever lol. If he's actually making 100% profit every day (in a long timespan), then your friend should probably be one of the richest people at least in your country.

Or this was actually his own strategy to deceive people with all his lies and exaggerated stories. And if you’re not knowledgeable enough about trading, you will certainly fall believing he’s really that rich and profitable all because of futures trading.

Just know that there’s no 100% profit guarantee with trading, regardless if you are doing spot or futures trading. Even in hodling alone, if you are not a determined one, you will never be successful on it.

With the constant changes in the market, it is very difficult to get 100% profit in trading. Even though he has learned more about trading and can analyze well, finding the right coins to make a profit is still difficult. He must keep learning more to make a profit and have a strong desire to learn. We don't know whether his friend is lying, but if he is, he can learn a lot from him so he can trade well and make a profit. But if his friends don't want to teach him, he can still learn on his own to improve his analytical skills in trading.

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Quote from: Cosette on May 03, 2024, 08:44:23 PM

Well, i actually try jumpin' to future trading this year. Since i bored when nothing to do at work.
Technically its possible but it isn't that easy. I do daily future trading earlier this year and made decent profit. But, the stress when i saw candle goes the opposite side made me stress and got stuck in my head when i do work. Even there was a day that i lost about 60% of my money even using the same strategy that i usually use. At that time i tried to get back my money that lost and about 4-5 days later, i finally break even and stop doing futures trading again. Still profit from my start balance, but not gonna try again. 10/10 stressed out.

In trading you must consider a lot before trading. Many times it is seen that one invests rashly without knowing the various aspects of trading in the hope of a quick profit. To the newbies who are new to trading must first gain enough knowledge about trading then trade long term. In trading, if we know enough about the market and then trade with a long-term plan, we will definitely be successful traders in the future. In trading, we must be patient. Many times it is seen that many investors lose patience, so patience is very important .Matters. We should not lose patience in trading. If we trade patiently with a long-term investment plan, we will surely succeed in trading one day.

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Quote from: Maus0728 on May 06, 2024, 01:17:14 PM

As much as we love to believe that story, it's too good to be true at the same time which means that it's going to be really hard to prove to do that, unless of course they do some sort of livestream to broadcast and prove everyone that it's really profitable to do futures trading for daily income. They don't need to do some really good set up, just being able to do the bare minimum of letting the people see it and just do their normal operation with futures, the livestream is a good proof too unlike with just a simple screenshot that can easily be doctored by someone with the knowledge to do it in Photoshop.

Fifteen years is a long time but we're all skeptics here, unless you show us the proof that we're looking for, then you might be lucky that we would believe you.

Well, going into livestream might actually make him the unreliable one if the outcome turns out negative, so for sure, he’ll definitely not do it in order to protect his words, or shall we say his lies. I guess for some not real traders or the new traders, there are chances that they will still be convinced, but I don’t think it’s going to work out for long time traders in the market.

It’s easy to tell people how good or skilled you are as a trader based on the length of years you are exposed in trading, but we all know trading is a mental and emotional game, so there’s no way you can perfect all your trades without committing some inevitable losses and mistakes.

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Quote from: mk4 on May 03, 2024, 11:25:16 AM

Quote from: Waldorf77 on May 03, 2024, 10:24:49 AM

He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me

Your boy is either lying, or already got delusional with his new strategy thinking that it'll work great forever lol. If he's actually making 100% profit every day (in a long timespan), then your friend should probably be one of the richest people at least in your country.

Or this was actually his own strategy to deceive people with all his lies and exaggerated stories. And if you’re not knowledgeable enough about trading, you will certainly fall believing he’s really that rich and profitable all because of futures trading.

Just know that there’s no 100% profit guarantee with trading, regardless if you are doing spot or futures trading. Even in hodling alone, if you are not a determined one, you will never be successful on it.

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Quote from: Huppercase on May 05, 2024, 01:19:44 PM

Quote from: Waldorf77 on May 03, 2024, 10:24:49 AM

I seen friend of mine use bybit and binance futures.
He have experinces over 15 years he make everyday about 100% profit for real i seen he really do i don't know exacly how but he told me
He follow yellow MA moving average when long position.
Purple MA when short when short he use RSI purple higher and when long he uses yellow RSI HIGHER and he entry usually after stable MA on fourth Candle usually he said that 6-7th Candle Will break out.
He using 1 day chart moving average and RSI when taking the long position he put each trade about 500-1000$ so he make decent profit.
Im telling this story becouse i seen myself it's all possible to make it constant profits.

Do you know Same ?

Your friend has experienced in trading for 15 years or has experience trading on Binance and other exchanges? I think you mean the former because Binance is not upto 10 years, even Bitcoin isn't upto 15 years yet, that said.

One thing you need to understand about trading is that indicators can be lagging and can be proactive, it can give signal after the coin has pump or dump and might give you signal before hand. Most of the ones you mentioned like the moving average MA and RSI are lagging indicator but we have some like Bollinger band and EMA that doesn't lag but in some occasions, EMA lag behind.

In addition, indicator isn't the only thing you need to make money from trading, you need to understand trend line and support and resistance and some other key things needed in technical analysis of trading.

Maybe not 15 years crypto but my friend did forex amd others before crypto.
I did opened this topic to talk about his TA analytics not to discuss If it's real or not i want to know your opinion about the indicators
Well sometimes he make more than 100% because some coins pump in binance everyday like 20%-30% and managed to entry to those coins before they pump by using the indicators what i said here.
I did not open this topic to start talking if it is real or not yes he really earn good profit not everyday but 4-5 days weekly with 500-1000$ each trade and yes he have a lot money but he not happy about his wealth because henwant to be like Warren buffet because he been working hard and he always complain that even If he make 50 times more money he never reach to the high class he don't compare himself with poor guys like i am he always watch the most wealthy guys life and he feel bad about his wealth even he got a lot money but he feel that he need more

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Your friend has just carried out his new strategy for some days and it worked he is now telling you to jump on the train. Don't be deceived by these trades there is no certainty that one could get 100% profits on everyday trade and anyone who tells you that is lying to you. There are days when a trader experiences loss and days when they experience profits. I have not seen a pattern or strategy that works all day.

Do you know there are people who barely trade all day? They trade sometime once or twice in a month and those people follow news and information to trade.

Topic: I have witnessed it's real to earn daily with futures trading (Read 590 times)