To be honest, I'm surprised at how many spammers have gathered in this thread, but even more surprised at how insightful their trading advice is, Lol.
p.s. All good advice ended on the first page of this thread, so the thread can be blocked.
Topic: Is it possible to make $5,000 a month day trading? (Read 1290 times)
With the following criteria...
1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
all these are valid arguments but with 15k capital why badly needed 5ka month profit? is this how expensive living in your country?1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
5ka month is huge amount for normal living unless you are living in semi luxurious way.
Quote
* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).
Prepare well and spend money to get better 
then one day you will realize there is no limit or specific goal when you make real money.
Maybe you will earn $5000/month, maybe in just 1 day, if you take advantage of the support tools.
then one day you will realize there is no limit or specific goal when you make real money.
Maybe you will earn $5000/month, maybe in just 1 day, if you take advantage of the support tools.
With the following criteria...
1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).
very easy with $15K trading full time. the most important thing is that you have to really manage well and also be able to analyze the market. don't get caught up in panic selling and don't choose the wrong coin, because the choice of coins affects your profit. trade with good governance, don't be greedy and always slowly learn the state of the market 1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).
If you want to trade futures, you must maintain the signal and trade.
What do you mean by maintain signal? You must know that the signal isn't always helpful. There are many signals that result in losses because the signals are wrong. Crypto market is unpredictable, crypto prices can change at any time. We cannot rely on the signals only, we need to update information about a whole crypto world. Sometimes, a rumor or an issue can make a correction or big drops. If you want to trade futures, you must maintain the signal and trade.
What do you mean by maintain signal? You must know that the signal isn't always helpful. There are many signals that result in losses because the signals are wrong. Crypto market is unpredictable, crypto prices can change at any time. We cannot rely on the signals only, we need to update information about a whole crypto world. Sometimes, a rumor or an issue can make a correction or big drops. 
~snip~
You can easily earn $ 5000 per month if you understand the signals and trade futures on the Binance Exchange. If you want to trade futures, you must maintain the signal and trade.You could make out 5k a month but its not an assurance and if you do play or trade up with bigger capital and have less risk management percentage
then its plausible but dont make yourself that too confident because this market isnt something you could predict on.
With the following criteria...
1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).
You can easily earn $ 5000 per month if you understand the signals and trade futures on the Binance Exchange. If you want to trade futures, you must maintain the signal and trade. 1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).
Funds are not everything of trading. But fund is one of the core elements of trading. By the way, to make successful trade, you need to have enough skills, knowledge, trading strategies which ultimately help you to make decisions for trading. But you didn't mention your previous skills by which we can understand that you know about it. So, now it is tough it say something about your earning from my side actually.
With $ 15000 money doing daily trading is something that is certain and can be guaranteed $ 5000 per month will be obtained, profit.
I think it's something that has certainty, for example: three days ago I saw two new coin names that were listed in our local market, one is $6 base price and the other two $8 base price, I'm not talking about Bitcoin trading, this is other than Bitcoin, other types of crypto.
4 days have passed, now cryptos have increased to the level of $15 each, just imagine with the $15,000 capital purchased when you first signed up, it doesn't take a month to take a profit of $ 5000, conclusion: it is very possible if you trade with an initial capital of $ 15k.
I think it's something that has certainty, for example: three days ago I saw two new coin names that were listed in our local market, one is $6 base price and the other two $8 base price, I'm not talking about Bitcoin trading, this is other than Bitcoin, other types of crypto.
4 days have passed, now cryptos have increased to the level of $15 each, just imagine with the $15,000 capital purchased when you first signed up, it doesn't take a month to take a profit of $ 5000, conclusion: it is very possible if you trade with an initial capital of $ 15k.
Yes, it is a good aim. The amount you are putting on the table is sufficient to gain $5000. However, it depends on your trading strategy and style. As a day trader, you need to be more careful and calculate your risks.
With the following criteria...
1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).
$15k is a good amount for trading. Actually it depends how well you are on trading. Only good amount of money can't bear good result. If you're a good trader and if you have good trading knowledge and experience, it is very possible to earn $5k from trading. 1) Make spendable (can't use it to trade) $5,000 usd net a month.
2) Daytrading full time.
3) No other means of income (can't sell my service).
*4) Starting with $15,000.
5) Trading all crypto (not just btc).
* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).
Your starting capital is already enough to gain $5000 a month in day trading but there are also things that you have to consider to reach that. You must pick a good coin and you must be skilled enough to do day trading. You could actually gain more than that but you should also take the possibility of losing bigger since that's the risk of trading so you have to be skeptical.
It is possible to earn $5000 in a months by trading with $15,000. You have to accept that cryptocurrency trading is very risky.So there are both gains and losses here. Here you can earn more than $5,000 monthly using $15,000 and you can also lose this amount of dollars in a month.
I guess, it is possible if you make use of all the cryptocurrencies trading strategies to invest $15000 in a particular project, it will be very easy for you to earn $5000 a month for day trading in the market. Use the capital to purchase bitcoin when the price is low and hold until the price increase to a level that you can achieve more than$5000 in a month before releasing the coins to the market. Don't be in hurry to sell within the week to enable you earn well from your investment to meet up with your monthly plan.
Have you heard about Philakone?
https://mobile.twitter.com/PhilakoneCrypto
Go check out his trades. Yeah, his strategy was very aggresive at first but now he trades for only 1-2% (movement in coin) with 4-5x leverage max.
You can easily make $5k but it all depends on your practice, your experience as well as your rules that you set. For example, if you've decided to go for 3x leverage and a maximum of 5% to be used per trade with a 1:4 risk:reward ratio, then you must stick to those rules and never be greedy so not to become impatient and go with higher leverage like 10x or even 100x.
Always look for other's accidents to learn and do proper trading by going ahead with your rules.
A bit off-topic:
Do you know about FTMO, MyForexFunds, Audacity, etc.?
These are the institutions that provide you with real forex accounts with $2k to $25k inside and you need to pay a sma fee. You can buy a $2k account for just $99, terms are, profits will be split 50-50 and once you make 10% profits over your portfolio, it'll be doubled at first phase and then 1.5x so this cycle continues till you reach max if you've the guts to do that. Try out your patience there and see if you can even come out with your initial investment of $99 because you need to let your account stay under 5% drawdown.
https://mobile.twitter.com/PhilakoneCrypto
Go check out his trades. Yeah, his strategy was very aggresive at first but now he trades for only 1-2% (movement in coin) with 4-5x leverage max.
You can easily make $5k but it all depends on your practice, your experience as well as your rules that you set. For example, if you've decided to go for 3x leverage and a maximum of 5% to be used per trade with a 1:4 risk:reward ratio, then you must stick to those rules and never be greedy so not to become impatient and go with higher leverage like 10x or even 100x.
Always look for other's accidents to learn and do proper trading by going ahead with your rules.
A bit off-topic:
Do you know about FTMO, MyForexFunds, Audacity, etc.?
These are the institutions that provide you with real forex accounts with $2k to $25k inside and you need to pay a sma fee. You can buy a $2k account for just $99, terms are, profits will be split 50-50 and once you make 10% profits over your portfolio, it'll be doubled at first phase and then 1.5x so this cycle continues till you reach max if you've the guts to do that. Try out your patience there and see if you can even come out with your initial investment of $99 because you need to let your account stay under 5% drawdown.
Quote
Is it possible to make $5,000 a month day trading?
Of course, it's possible! In crypto trading, anything can happen! $5k a month is around $165 daily, $165 is 1.1% from the $15k bankroll! When you do math like this sounds like it's not risky as we thought in the first place! Still %1 daily is risky and I guess it will be hard to do it constantly without any losses at all, but I also think in some good days traders can make more than %1 profit and chill for a bit or try to make some safer trades (if that exists)! In the end, is it possible or not depends on will you try and how you will try it!
that someone could able to deal with but same as you said this is actually possible if you do know on what you are doing.5k a month is considerable and probable but you would really be
needing to be good and consistent for you to attain it.Its better to start up that low and make some study and trying to make some good grasp in the market before
going that big amount of capital.
Quote
Is it possible to make $5,000 a month day trading?
Of course, it's possible! In crypto trading, anything can happen! $5k a month is around $165 daily, $165 is 1.1% from the $15k bankroll! When you do math like this sounds like it's not risky as we thought in the first place! Still %1 daily is risky and I guess it will be hard to do it constantly without any losses at all, but I also think in some good days traders can make more than %1 profit and chill for a bit or try to make some safer trades (if that exists)! In the end, is it possible or not depends on will you try and how you will try it!
daytrading is basically gambling. All it takes is one bad trade to lose all your profits. And that one bad trade doesnt even need to be your fault. It could be from bad news or whales manipulating the market.
From my experience, hodling it is way more profitable.
From my experience, hodling it is way more profitable.
Your fund $15,000 and I think looks easy to earn $5,000 every month and I can guarantee you can earn more than $10,000 if you have salary for trading about $15,000. But never hurry up when entry coin, you need more selective when choose which one coin do you wanna buy, I think with bigger salary better buy with good coin like BNB or ETH, you can earn $600 every moment when ethereum and binance coin suddenly dump or pump.
actually, it depends on the accuracy of the coin we choose. it might be very easy to make $5k with $15k trading funds within 1 month. however, the coin we choose needs to have the potential for it. in general, it only takes a profit of 30% to 40% of $15k. however, the risk is, when we choose the wrong coin, then your assets can be reduced to a lower level, and what's worse is, when you need to try to get your assets back to $15k. profit is proportional to risk. keep doing research on it, because it is totally achievable.Jump to: