I hope you are not trading with real money. If you are, withdraw them immediately and start trading on a demo account for the next 3-6 months, but treat those funds as if they were yours (real).
You might be on a winning streak if you're trading only for a week. This is the most dangerous state of the mind - being euphoric and thinking you are making money like a money printing machine.
I don't contest your skills, you might be a natural - but you would be the first one haha. Trading is anything, but not easy, especially for a beginner.
Topic: Indicator for good daily trading performance? - page 3. (Read 601 times)
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.
Good to know that you are making profits now but remember these are the best ever days of cryptocurrencies so you no need to actually trade now because simply holding may give you 5% return in terms of fiat value so if you are making 1% return in fiat value then you are actually reducing the profits you are supposed to make. Try to concentrate on increasing the crypto holdings and calculate profits against BTC.
Wouldnt matter if he would particularly wait for those right days because you can actually get involved on everyday basis without minding if whats the current trend.As long theres volatility
then that would be the most important thing for you to make profits.As long as it moves then you can possibly make money and its really good to know that he do able to make gains
in spite of that situation.@OP, dont get not to be contented because not all are really having that kind of gains from time to time.We do even struggle to be sustainable on getting profits
and just be grateful that you are doing well against with the market and not all are really having that kind of capability when it comes to trading.
Trading is more efficient than holding, the more you trade, the more profit, that's mathematical view I see applicable now.
Assuming the BTC will go down and you don't have any stop loss limit set to convert to stable coin/fiat how you can secure your profit from holding?
Assuming the BTC will go down and you don't have any stop loss limit set to convert to stable coin/fiat how you can secure your profit from holding?
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.
I don't trade every day, my trades are mid and long term more, so I am just checking my orders from time to time and make new ones, so I can't exactly calculate what's my daily average! But I voted foo option 3 between 2-5%, I think I am somewhere around those numbers!
We all see what's happening with the price last weeks! Now the profit that we're booking are higher, a lot higher! Now all indicators are going crazy, and this is the second time for me to see this, the first time it was in 2017!
If you are good with 1-2% continue with that, you are not far from anyone as long as you are making profit! There're no experts, there are people who make a lot of money, but they have a nice bankroll! So build your bankroll and continue with trading that brings you profit, slowly and steady build your capital and 1-2% will be higher and higher over time! I wish you luck and profit!
We all see what's happening with the price last weeks! Now the profit that we're booking are higher, a lot higher! Now all indicators are going crazy, and this is the second time for me to see this, the first time it was in 2017!
If you are good with 1-2% continue with that, you are not far from anyone as long as you are making profit! There're no experts, there are people who make a lot of money, but they have a nice bankroll! So build your bankroll and continue with trading that brings you profit, slowly and steady build your capital and 1-2% will be higher and higher over time! I wish you luck and profit!
This may be useful or can easily to get for some daily traders or full-time traders, but it is still applicable if you just get the average.
For OP, I am glad your keep tracking your trades and assessing your win rate, this method may help you to become more skilled trader and responsible too. By this method also will help you for risk management.
Here's quick tip, you can maintain that win rate for daily, minimize risk, maximize profits.
For OP, I am glad your keep tracking your trades and assessing your win rate, this method may help you to become more skilled trader and responsible too. By this method also will help you for risk management.
Here's quick tip, you can maintain that win rate for daily, minimize risk, maximize profits.
~Snip~
It doesn't matter if you do gain 1-2% daily because anything that is green would be considered to be a good indication that you are indeed doing well.
Im amazed that you had been doing this for a short span of time and saying that it is just easy? Not all would really be having those kind of words because trading is never been easy.
Just continue on what you are doing and making profits is the main goal or target which you are still constantly been doing.
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
You are doing good job and its very good for beginner as you are taking profit 1 - 2% daily but good thing is you need to be cool mind and keep your straitgy working because any bad slump can hurt you just invest which you can afford to lost never keep all eggs in one basket because its also never been good idea enjoy your trading and keep post here about your adventur and expereince because many others also can take something from this all. 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 use Binance as it was recommended here
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 am not an expert trader and neither I trade cryptos yet but I think 1-2 % is excellent profit. If you can make 1% on a consistent basis and increase your position size as you go, you will be super rich 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
.If you don't mind me asking, what broker do you use for trading cryptos?
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
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