Topic: I have witnessed it's real to earn daily with futures trading - page 3. (Read 590 times)

It is not possible for a trader to achieve 100% profit daily, especially with large capital.
The best trader waits until the deal is closed with a certain profit, but with a very reduced profit rate, such that the daily increase rate is around 3%.
Anyone who tells you of guaranteed profits and high returns is either scammer or is being scammed.

Perhaps your friend is making up this story to trap you. Firstly, futures trading for cryptocurrencies has not existed for a long time. In addition, I cannot believe that the largest trading experts in the world achieve 100% real profit over 15 years. He may be honest, but this is a rare case.

In any case, I advise you not to try this yourself because trading futures contracts is very risky and requires great experience and skills. If you really trust your friend, it is better to give him the money to trade on your behalf and take a percentage of the profits.

I did not post it this here to start argues or talking about if it is real or not the main point was to share his techcal analysis method not full method because If many people start use it then market can change
But i like to get opinion from people who really knows about indicators once again tell he use MA yellow line he start getting ready when small candles and usually 5-7th Candles Will break out.
How to find If long or short break out he check first yellow RSI If the first yellow RSI is bigger then the last purple RSI then Will be LONG break out If smaller number then last purple RSI. number then Will be short break out on 6-8th Candle usually.

He don't join with every trade he check If he think trade is good he Will open position he use tight stop loss usually it will kick out not more than 3 times.
Usually he get with this method in positions wich coins Will pump sometimes even more than 200% profit since he use 20x-30x leverage.
He don't trade everyday but 17 days a month atleast and yes he use 500 per each position he have discovered that in order to focus your brain need better motivation and his goal to earn everyday when he trade atleast 200-300$ but his not happy with this he will be very sad very often he make 500-1000$ Even then he not happy his rich 10 times then i am but he compare himself with guys like warren buffet and other big names and he is very sad that he never reach to their level i think he doing great but he not happy he feel like he is poor and always think how to be better becouse he look only the richest people and then he feel sad and unhappy because it takes something more than just good skills to reach on the top level of wealth and that's why he is sad and not happy

Yes I think it's possible to earn in that approach consistently. However, there are just some flaw that I observe. That is one: 100% profit and Second: He wins everyday. No trader wins everyday with a 100% accuracy. I think it's just OP exaggeration. All traders losses and successful ones just manage it correctly. With your friend being in 15 years. He may have a system wherein he becomes very picky selecting which asset tot trade with to be able to trade everyday.

It is not sustainable, if your friend could earn 100% every single day then he will eventually get all the money around world, just to give you an example, if your friend had a starting capital of 1k and he could double his money every single day then he would have 1 million dollars after just 10 days and one billion dollars after 20 days, so I have to ask, is your friend a billionaire? If not then you know that he cannot do this every single day, albeit it could be possible for him to be one of the few people that can earn any money with futures trading.

If it's for real and 100% profitability, I wouldn't believe that. Unless you show some records of that friend of yours but I doubt that guy will show a receipt.

If he's real, there's no need to proof that to us and he won't show it to be honest. I have never seen a trader that has a 100% winning rate.

Have you made sure that your friend is not lying to invite you to trade futures?
At least if you can't trade, maybe your friend attempts to get you to provide trading capital to your friend.

Also, make sure whether your friend is opening one trade or several trades. maybe he tells you the winning trades but doesn't tell you the losing trades.
It's not unbelievable, but making a profit with 100% of trading every day, it's quite unbelievable.

They did already and the result is successful but it was his friend who did that. OP might still follow it, so this gives him a warning that what he was planning to do is risky. His friend might only lucky apart from being skilful due to his long years of experience, so results may not be the same to what the OP can get. The person is not somebody else but it's his friend and I don't think that a true friend will deceive the other, for what, making them lose money?

Unless only if the ones that is lying here is the OP but for what reason on why he is doing this? Is it to advertise the exchanges that he mentioned, specifically Bybit? As I think I already/also saw this a lot of time in the forum being shilled by other members.

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.

This screams too good to be true to me.

Do you know them on a personal level or nah? There are many scammers who befriend people for the sake of introducing how they are so pro at trading in order to tempt their victims into their scam scheme. However, I'm not saying we should blindly trust someone we're close with. Scams just happen more often with people we don't know well enough.

If you've seen it all, what's stopping you from repeating it yourself? No indicator can give an accurate signal, following which the trader will receive a profit. There are too many factors affecting the cryptocurrency market that the indicator cannot predict.

1. 15 years of experience in trading
2. Uses common indicators such as MA and RSI
3. 100% profit every day
4. Tight stop losses
5. All these while trading futures, perhaps with some leverage, and not spot.

What could possibly go wrong?

Yeah I had a friend of mine doing such thing, but that doesn't result in good outcome since he fell asleep and failed to set stop loss. Eventually he loss $10 on that futures trading of ethereum and bitcoin asset.
No constant profit, specially when it comes to volatility of the market and what I can only recommend is that we should be careful of our every steps in trading. We can do minimal investments, always protect your assets before it's gone.

He is not poor yes he doing well but he don't feel got enough for Him Because he have done hard work.
Somehow some ways he manage to entry with tight stop loss i been watching he use 1 day chart and he entry when small candles with quite straight yellow line goes through the candles specially before some bullish break out.
And when it's long position he entry when yellow RSI is bigger than last purple RSI
I hope i explained good enough.
i don't know exacly i describe what i seen and he told me just few things
Im posting this to find what the older traders here think about this ?

Believe what you want, but statistics don't lie, so things like 100% or close wins don't work in the long term. That is the reality of futures investments, (or any other) the returns vary and although you can have daily profits, the profit margin is not measured by the daily return, they have to be monthly. (e.g.)

So, what I mean is that you are in losses for 29 days, but on the 30th, you enter profits, and you measure the monthly profit margin. The opposite happens the same, 29 days in profits and on day 30 you fall into losses. It seems like a trivial explanation, but what you say is more trivial. The movement of capital into futures has that particularity that gives you a lot but the opposite also happens.

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.

Don't even go for a hundred percent on trading because such is more likely to be a lie, they wont tell you the times they have loosed as well, you will only be told of what they did that earn them a certain amount of money, don't believe easily on what people are saying, am not saying that its not possible but the chances to be having a hundred percent accuracy on future trades repeatedly is hard, if you're starting your own, just make sure that you trading the amount you can afford to lose.

If your friend is using one day chart, that means he is not a day trader. Day traders prefer to use 15 minutes to 4 hours chats. You friend is likely a swing trader. He can buy the unstable coins or open a position for more than one day. Ask him. But there are some days that he can be favoring very fast and close positions or sell not quite long.

The charts for moving averages and bolinger band are not having the same colours from one platform to another. If you check OKX, Binance, Bybit and other exchanges, you can see the indicators bands to have different colors. Example is bolinger band which consists of the upper band, middle band and the lower band. That is what they are called.

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 ?