An expert trader doesn't mean that they made 10 % per day or so , an expert trader mean 1-2% per day but months or years of consistency like that
That is not an expert trader then, it is more of a coward trader that doesn't have the guts to risk even if he knows that he/she can beat the market. Yes, you can get a steady profit but where is the fun in that, are you really alright with just getting 2% when there are opportunities that you could have get a 10 or a higher percent. I would say that an expert trader is not someone that only has a consistent performance but someone that also sees the opportunity as to when will he/she get a big profit, so in essence, an expert trader should be a mixture of opportunist, smart, and consistent. 
Topic: Indicator for good daily trading performance? - page 2. (Read 601 times)
I'd actually say that those are pretty good. Most traders actually end up even or even lose out by 1-2% most of the time imo, a person who profits all the time seems to be quite the trader and is staring at the market candles all the time. There's also luck involved ngl, but hey, I wouldn't diss on your effort through the use of saying your profit was due to luck.
I was quite enthusiastic after my first week of trading, now I have one month, my profit is 21% (monthly), is it good? is it bad comparing to your own performance?
I made mistakes, I'm curious if there is still place to do other type of mistakes in the future I am about to discover
I hate when I type the wrong buying or selling price for my orders
The most painful mistake was that I waited for less than 200USDT increase before filling my selling BTC order when BTC reached ~40k then dropped by 20%...
Glad that you had a profit after a month. I'd suggest taking a break since having such positive results may end up in you going overboard at times and may end up in you losing everything all at once. Maybe try a demo account, and widen your portfolio for your real money and try out strategies with the demo account. I made mistakes, I'm curious if there is still place to do other type of mistakes in the future I am about to discover
I hate when I type the wrong buying or selling price for my orders
The most painful mistake was that I waited for less than 200USDT increase before filling my selling BTC order when BTC reached ~40k then dropped by 20%...
1/2% is not bad.
Every profit is good untill you are facing losses. The long you trade the more you learn.
Never take your losses as a failure instead take as leasson.
Many new ideas will come up to your mind day by day. If you can implement these ideas in reality your ROI will increase gradually.
Every profit is good untill you are facing losses. The long you trade the more you learn.
Never take your losses as a failure instead take as leasson.
Many new ideas will come up to your mind day by day. If you can implement these ideas in reality your ROI will increase gradually.
Hello guys,
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
1-2% daily isnt really a bad figure but it wont really be that something worth of if you do have small capital yet those profits wont really be that significant for you to mind off
but if you are still on the process of learning and tending to gain constant earnings into those percentages then its up to you if you do decide to make your capital even way
more bigger to feel of that 1-2% then its up to you but be sure that you are aware on the risk equaled to it and also, dont just limit nor stop on getting those profits
in daily basis, try to increase it even way more higher but this wont really be a simple one.It takes time and patience for you to reach out that extent.
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
1 to 5% daily is not a bad one, you can be making good amount of money with this percentage. Although I don’t think that trading is as easy as you have stated in your last paragraph, I have still seen people who are struggling with it despite that they have learnt all that they are meant to learn, but they still can’t find a way to make good profit, while there are those who are making profit to the extent they have decided that trading will become their day job and they even go ahead to quit their jobs from offices.I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
To achieve something you have got to commit time, hard work and lots of money, if not it’s going to be a waste. So, if you’re able to be getting 1% or 2%, that’s good, in a month you round up with 30% to 60%.
First of all whatever profits you are having it cannot be considered unfair, those people that say it have never risked a dollar in their lives, you are taking a risk and the bigger the risk the better the payout, people see others making millions and they only see the end result but they never see all the money, time, energy and planning that goes into getting those millions.
Second, you are making good profits already, if you can maintain that progress, something really difficult I must admit, then you will become wealthy over the long term, do not fall in the classic mistake of trying to chase more profits to accelerate the process only to make a mistake and cripple your account to the point that it is almost impossible to recover from it.
That is the real problem with those type of situations, only seeing the end result. For example very recently there is this GME stock and reddit situation right? There is this guy who invested 50k into gamestop back in early 2019 and he has been holding it forever and keeps buying calls with his profits and he has a long thats forever basically without a time end, and he turned his 50k into 35+ million dollars. Now when someone says 50k to 35 million dollars people think that it is luck, or it is just as easy to do that if they bought some as well.Second, you are making good profits already, if you can maintain that progress, something really difficult I must admit, then you will become wealthy over the long term, do not fall in the classic mistake of trying to chase more profits to accelerate the process only to make a mistake and cripple your account to the point that it is almost impossible to recover from it.
There are so many people who buy GME now and they hope to get rich from it as well just like how user "deepfuckingvalue" did, but the reality is that this dude figured out that this coin would go up a lot waaaaaay before anyone did, and figuring that out and putting 50k on it 2 years before anyone else did is a marvelous move that nobody else could have done. Hence they see the 35 million and they think they could do that too but in reality very few people have the talent and courage.
Hello guys,
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
in fact you can earn more than 2%, if you trade spot within 1 minute, using fast style trading. although it has a big risk. well that's the risk, but you don't worry, you can master it a little bit if you really actively trade daily. gradually you will understand every movement of each crypto, because you trade daily, then you will get used to the movements from day to day.
Hello guys,
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
I'd say you really have talent on trading and you even find it easy when others struggling on their trades. Anyway, 1-2% profit is good and you even managed to get profit in every single day, that is a good start. It seems you are on a good track and I hope you can maintain it. But bear in mind just stick to your strategies or plan and avoid being greedy.I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
Trading is more efficient than holding, the more you trade, the more profit, that's mathematical view I see applicable now.
It still depends on your performance though because let's say you were trading a lot but it is not certain you will always win, there will be a time you will lose, and that will be deducted from your total profit. Trading was also more exposed to the risk. While HOLD will sure take a lot of time for you to get a decent amount of profit but it will be at low risk. So if we will analyze, aren't they will yield the same outcome. Yes, it would not have the same amount of profit but the gap wouldn't be that far. Hello guys,
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
One week is nothing. Imagine you play golf for one week. And its surprisingly easy. try to do that longterm to compete with the Tiger Woods of this earth, and soon you will learn what it means to be a golf player. You can basically use every other sport or activity and replace it with golf in the previous sentence.
The hard part is when you don't make money. When you have a loss. And another one. Once the third loss in a row is there, you will be down to the floor. You probably end up doing one of those "I will get everything back with this one perfect trade and lose even more.
Why is trading BTCUSD so easy these days? Because it has a nice trend. go back in the charts, when the price was between 6 and 10k. Going back and forth... That destroyed many traders I know. I wish you all the best.
Imho, if you do 1% a day, and can keep on doing this, it's amazing. that sums up to 250% a year, actually more once you include compounded interest. you will soon learn in case you could continue like this, in one year you should be a millionaire. Then again... Why is not everybody a millionaire?
I wish you all the best in your journey, for me, even 2-3% a week is considered a good week. A month with 10% is a great month.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
If you are adding more into your capital, expect your profit to grow because that also a factor. Big capital, big gains but it also has a huge risk. But for you that have already the system used and have an effective strategy, it is no longer be a problem. You only need to stay on track and avoid too much greed.
I use Binance as it was recommended here
Binance is a nice place to start for beginners because it gives traders the confidence that their funds are safe. Nothing discourages the mind as uncertainty.Trading is more efficient than holding, the more you trade, the more profit, that's mathematical view I see applicable now.
Hodling doesn't task one's brain on any rational or irrational moves to make while trading throws in all that. You're absolutely right. It's easier to grow tokens through trading but there is a high risk of also losing the token when price surges and never returns to the sold price. This is what scares a lot of people who tag themselves hodlers. Otherwise, nothing stops a hodler from offloading once he observers a dip ahead and then rebuys later. But it's a twist and the hodler may not be able to regain the opportunity. Of course, everyone likes for the quantity of whatever token/coins they have to increase in quantity too but it isn't an easy thing to do. Hello guys,
I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
First of all whatever profits you are having it cannot be considered unfair, those people that say it have never risked a dollar in their lives, you are taking a risk and the bigger the risk the better the payout, people see others making millions and they only see the end result but they never see all the money, time, energy and planning that goes into getting those millions.I'm quite a beginner in crypto and I have about one week of trading.
I find trading quite easy, I managed to learn from my mistakes and observed different market patterns.
My current performance (average) of daily profit is around 1-2% and I have no clue how far I'm from those who are expert traders
I created a poll if you don't want to share your experience, in case you suggest new options, please let me know.
I have also a strange feeling that these earnings are done too easy comparing with other offline jobs and I don't see it quite fair
Second, you are making good profits already, if you can maintain that progress, something really difficult I must admit, then you will become wealthy over the long term, do not fall in the classic mistake of trying to chase more profits to accelerate the process only to make a mistake and cripple your account to the point that it is almost impossible to recover from it.
It always depends, you see our goal of 2 to 5% profit a day will be hit easily for today but since market is so tricky therr are times that we made a profit today but will be deficit and loss tomorrow. My point here is having a % profit in a day always depends on how many times you wanted to achieve it. Sometimes we tend to set amount percentage but still wanted more.
On the other hand, a profit target set is a great practice where in a trader will have a target goal that should be reach in trading. As a tradee, it is always good to properly exit with good profits.
On the other hand, a profit target set is a great practice where in a trader will have a target goal that should be reach in trading. As a tradee, it is always good to properly exit with good profits.
An expert trader doesn't mean that they made 10 % per day or so , an expert trader mean 1-2% per day but months or years of consistency like that
I was quite enthusiastic after my first week of trading, now I have one month, my profit is 21% (monthly), is it good? is it bad comparing to your own performance?
I made mistakes, I'm curious if there is still place to do other type of mistakes in the future I am about to discover
I hate when I type the wrong buying or selling price for my orders
The most painful mistake was that I waited for less than 200USDT increase before filling my selling BTC order when BTC reached ~40k then dropped by 20%...
It’s good that you’re able to make profit easily from trading, it’s not the case with other traders, it’s difficult for other traders here and a lot of them are losing their money. If you’re really making around 1 to 2 percent every day as you have said here, that means by the end of every month you will be having like thirty percent and up to sixty percent, that’s really good, and depending on how much you’re really using for this trading you’re going to be cashing out if it’s big money.I made mistakes, I'm curious if there is still place to do other type of mistakes in the future I am about to discover
I hate when I type the wrong buying or selling price for my orders
The most painful mistake was that I waited for less than 200USDT increase before filling my selling BTC order when BTC reached ~40k then dropped by 20%...
Anyway, however you’re doing it, it’s good, never forget the risks and keep doing your great job. I don’t really make that much and I am not steady into day trading.
I was quite enthusiastic after my first week of trading, now I have one month, my profit is 21% (monthly), is it good? is it bad comparing to your own performance?
I made mistakes, I'm curious if there is still place to do other type of mistakes in the future I am about to discover
I hate when I type the wrong buying or selling price for my orders
The most painful mistake was that I waited for less than 200USDT increase before filling my selling BTC order when BTC reached ~40k then dropped by 20%...
I made mistakes, I'm curious if there is still place to do other type of mistakes in the future I am about to discover
I hate when I type the wrong buying or selling price for my orders
The most painful mistake was that I waited for less than 200USDT increase before filling my selling BTC order when BTC reached ~40k then dropped by 20%...
Cryptocurrency trading is easy job but making profits consistently in trading is not possible, if you consider yourself making 2% profits everyday then it is 60% for a month and 720% per annum even when there is no bullish trend on the market. Now say, Do you actually think it is possible to make such returns?
IMO better keep the margin like 5 to 7% per month which itself a huge when we compare with traditional investment.
Now that we know some days are profitable and some days are loss, we have to take a look at averages, because you may make money on averages and if by the end of the month if you have 30% return you can say 1% average right? Well, that is not how it works, because some months are better than others as well, hell some years are better than others, and this is not an overnight success deal neither, we are not talking about making money in a month and getting rich. So long story short, just do what you can do, try to make a profit, but do not get hung up on numbers.
I was really curious about others' performance (I like challenges, I like contests) for me this is just a new hobby now. It could be just beginner's luck, we'll see.
Well there’s no competition in the market and you only need to focus on improving yourself in trading because this market is too volatile to relax. I make at least 5-10% monthly and this is my goal since I don’t trade everyday and only execute my trade when I see opportunities. Have a good strategy mate, and stay focus on your own goal just don’t mind other traders because we all have our own different trading plan. 
I am not a regular daily trader. I mostly trade futures when there's a bullish/bearish trend. Volatility seems up at such time and therefore its' easier to make profits for even small price changes.
On 5x leverage, I do make more than 10%of my position value in a matter of minutes or hours and i call it a day with just a 2% price change in an asset. For 10x, I just look for at least 1% asset price change
On 5x leverage, I do make more than 10%of my position value in a matter of minutes or hours and i call it a day with just a 2% price change in an asset. For 10x, I just look for at least 1% asset price change
I would say keep trading with Real money but keep your position sizing small. Demo trading doesn't help much as you won't learn anything without "skin in the game"
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