Is there strategy to make profit daily future trade

Bravut

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Quote from: Woodie on May 11, 2024, 04:47:59 PM

Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

Funny thing about trading is that people use all kinds of strategies, even the so called obsolete ones such as RSI trading, Bollinger bands, support and resistance etc all work for someone that has mastered them..so if you have a winning formula that brings you daily profit then don't change it!!! Like the saying goes, "of it ain't broke don't fix it!"

But personally I wouldn't be going for the daily profit targets because this puts so much pressure on your psychological such that should you have a losing trade this now turns to revenge trading then your risk management rules are thrown out of the window before you know it you lose more than you planned for.. so daily targets are a no for me...slow and steady wins the race!!!

All strategy work, but refinement of such is what puts you in a very profitable position. I don't doubt you calling those strategy obsolete though as far as you get paid it yours not mine.
But the question is for how long are we going to move from one strategy to another?

In a simple word, OP need to study.

Daily targets or not, ensure you're getting paid, and make every move to advance in this journey.

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Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

Funny thing about trading is that people use all kinds of strategies, even the so called obsolete ones such as RSI trading, Bollinger bands, support and resistance etc all work for someone that has mastered them..so if you have a winning formula that brings you daily profit then don't change it!!! Like the saying goes, "of it ain't broke don't fix it!"

But personally I wouldn't be going for the daily profit targets because this puts so much pressure on your psychological such that should you have a losing trade this now turns to revenge trading then your risk management rules are thrown out of the window before you know it you lose more than you planned for.. so daily targets are a no for me...slow and steady wins the race!!!

lixer

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Quote from: bettercrypto on May 11, 2024, 02:43:35 AM

It seems that what the OP did was pretend to be knowledgeable about trading, but the truth is that he is not. Sorry for these things, because why relay on the signal group if you have good knowledge of trading, right? The risk is even higher when you join signal groups.

If we ourselves are the ones who do the analysis of the trading activity that we are going to do, there is a risk, especially if we entrust our trading earnings to others, right?

Yeah, we got him already and there is no way for him to hide. He is only making his situation awkward by doing these things. This is something that someone can get if they will rush things without thinking twice about the outcome of their actions. You don't need to say sorry when making that kind of comment of yours but if ever someone who needs to do it, that would only be the OP. Trading is hard so the earnings that came from it, should be valued very well. If we are knowledgeable, we can trust our selves more than the others but if not, it's also not a good excuse to just depend on someone else. Instead, we must learn on our own first.

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Quote from: BlackBoss_ on May 10, 2024, 08:02:43 AM

Quote from: tvplus006 on May 10, 2024, 07:38:58 AM

I think that after all, the right decision would be not to wait for the moment when you collect enough money for full-fledged trading, but to start trading with a small balance, which will help, if circumstances are positive, increase your deposit. In addition, you will get an experience that money cannot buy.

Going full-fledged with either trading or investment when you don't have enough experience in the market is very bad idea. It will cause massive and painful loss for your capital because lack of experience can be beginning of domino loss effects.

To gain experience, people need time and actual practice in the market so using capital gradually for investment or trading is better practice approach. It will help us to analyze our knowledge, practice and can adjust it if possible, without losing all our capital with one or two full-fledged investment or trading.

I have to say that we are going to end up with something that will not be all that simple, we are going to get something that will take a while to get there, so it is not going to be all that easy. We should probably realize that learning how to be a good trader isn't that simple, and it will require months, even years of learning, you should probably stay away from trading itself for at least 3-6 months to learn how to be a good trader first, and another 6 months to just trade with small amounts to see if you actually learned it.

Depending on if you are making a profit or not, you could increase the amount or go back to learning, some people fail to learn and make a loss, then you start to study again, some people learn and start to make profit, those could increase the amount.

bettercrypto

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Quote from: SOKO-DEKE on May 03, 2024, 05:45:47 PM

Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

From your writeup, it is clear that you are knowledgeable about cryptocurrency, as you may have claimed. If you truly are knowledgeable, I don't think you need to come up with this kind of thread by telling the other members that you have good knowledge about cryptocurrency.

With your good knowledge, why are you still relying on signals group? I don't think you really need them. Even the signal groups, many of them are just scams; they will give you a signal and at last you will still lose, and later it will be complained that they will be given up and down, so the best way to trade is to learn how to trade and try to have good knowledge about it, and with that, you can also start gradually and from that, you grow with trading knowledge.

It seems that what the OP did was pretend to be knowledgeable about trading, but the truth is that he is not. Sorry for these things, because why relay on the signal group if you have good knowledge of trading, right? The risk is even higher when you join signal groups.

If we ourselves are the ones who do the analysis of the trading activity that we are going to do, there is a risk, especially if we entrust our trading earnings to others, right?

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Quote from: tvplus006 on May 10, 2024, 07:38:58 AM

I think that after all, the right decision would be not to wait for the moment when you collect enough money for full-fledged trading, but to start trading with a small balance, which will help, if circumstances are positive, increase your deposit. In addition, you will get an experience that money cannot buy.

Going full-fledged with either trading or investment when you don't have enough experience in the market is very bad idea. It will cause massive and painful loss for your capital because lack of experience can be beginning of domino loss effects.

To gain experience, people need time and actual practice in the market so using capital gradually for investment or trading is better practice approach. It will help us to analyze our knowledge, practice and can adjust it if possible, without losing all our capital with one or two full-fledged investment or trading.

tvplus006

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Quote from: wxa7115 on May 10, 2024, 03:15:24 AM

...The correct move would be to wait and save more money until our capital reaches a high enough amount and then we can trade the markets, it is true such a thing could take months or even years, but it is not as if the markets will disappear or anything like that, while all that time can be used to improve our strategy and our abilities as traders.

I think that after all, the right decision would be not to wait for the moment when you collect enough money for full-fledged trading, but to start trading with a small balance, which will help, if circumstances are positive, increase your deposit. In addition, you will get an experience that money cannot buy.

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Quote from: lalabotax on May 04, 2024, 05:39:15 PM

Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

If you already have it all and then you are quite sure, why should you doubt again?
Oh yeah, actually, the future market is very risky, right? Indeed, the results sometimes double and make us feel very happy with these profits. but otherwise we could also experience a very sad liquidation. So, will betting with traditional signals really work? Maybe it's because you already have your own understanding of future trading so that these signals can be used to optimize your analysis.

The important thing is that you understand what you want to do, you do the analysis, and you are confident in the strategy you have been implementing so far. As long as it works, then continue, but if not, at least make modifications.

Knowledge gives us confidence but most of all, having a working strategy will lead us to success which I don't think OP has. And I'm sure that OP is not aware of how the signal groups scam people, and innocent individuals because if he/she just knows it, I'm certain he/she won't mention it. But as usual, many people got tricked by these groups of scammers, they promise daily profit and huge gains but it is far from the real thing. Knowing more about the market is very important as this will be our tool for reaching our goal. And the thing we can do is trust no other but just ourselves alone, not these signal groups.

wxa7115

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Quote from: tvplus006 on May 06, 2024, 06:52:52 PM

Quote from: tygeade on May 06, 2024, 02:29:24 PM

I do agree that trying to trade with such a small amount wouldn't work, a 2-3% method would work if you have at least 10k dollars, because in that case it is 200-300 dollars, and you could make some money there, but even in that situation if you make as much money as doubling your money, that would be 300 dollars more to your 10k, nothing big right away, it has to be consistent and for a long term in order to say that you did well.

I believe if you have just 100 dollars, then the lowest you should go would be fifty bucks, because that means you will be able to make a lot more, something that actually means something. Once again, even with just hundred bucks, you are going to end up with consistent and long term results that would mean something, daily it won't be much.

It does not matter what kind of deposit you have, because if you do not adhere to the risk management strategy, you will definitely lose your deposit, no matter how big it is.

And if a trader with a small deposit follows your advice by opening an order for 50% of the deposit, then in case of 2 unsuccessful trades, zero of his deposit will remain.

This is the right way to think about the markets, if a person has such a small capital that a profit of a few percentage points do not really represents too much money for them, then the correct course of action is not to increase the amount used on each trade, since the risk of losing all our capital will increase as well.

The correct move would be to wait and save more money until our capital reaches a high enough amount and then we can trade the markets, it is true such a thing could take months or even years, but it is not as if the markets will disappear or anything like that, while all that time can be used to improve our strategy and our abilities as traders.

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Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily
I choose some coins potential raise and open long positions on them and hold
For day until i get profit.. Is this good idea or let me know if there better idea

If you have good knowledge about the future of crypto, I think you can share that knowledge when someone asks if there is a strategy that is profitable every day like the one you are asking here.
Day trading contains greater risks than imagined.

Regarding the general picture you got in the telegram group, have you put it into practice and is what you found there really profitable?
If when you practice it it doesn't turn out to be true, then don't listen to it.
I only do spot trading not other margins which I don't know well. Even spot trading is not always profitable every day.
Instead of trading, it's better to invest. Buy it and move it to your personal wallet and hold it until the price increases.

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Quote from: GreatArkansas on May 05, 2024, 08:14:36 PM

Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I don't think this is effective when you are fully relying on someone's signal. What if they don't provide any more or they will start becoming unprofitable?
I highly suggest you also learn even if you are relying on them, just learn because you will adapt it, and will be helpful in your trading.

True, not all signals are meant to give profit, not all analysis will guarantee you a profit, and it is wrong to only rely on others signals without knowing why they came up with that analysis or pattern. The thing is, yes, you could earn in trading using day trade, but of course, don't expect that you will earn always because there is no 100% in trading. If you are really good at trading and have a lot of experience, you could make a profit daily, but based on your experience, you are only relying on the group signals. What if what they gave you is meant to lose you a lot of money? Will you blame them? I do not discriminate against your group and their signals; it is just that you should not be too reliant on their signals alone; you should know how to come up with an analysis by yourself.

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Quote from: tygeade on May 06, 2024, 02:29:24 PM

I do agree that trying to trade with such a small amount wouldn't work, a 2-3% method would work if you have at least 10k dollars, because in that case it is 200-300 dollars, and you could make some money there, but even in that situation if you make as much money as doubling your money, that would be 300 dollars more to your 10k, nothing big right away, it has to be consistent and for a long term in order to say that you did well.

I believe if you have just 100 dollars, then the lowest you should go would be fifty bucks, because that means you will be able to make a lot more, something that actually means something. Once again, even with just hundred bucks, you are going to end up with consistent and long term results that would mean something, daily it won't be much.

It does not matter what kind of deposit you have, because if you do not adhere to the risk management strategy, you will definitely lose your deposit, no matter how big it is.

And if a trader with a small deposit follows your advice by opening an order for 50% of the deposit, then in case of 2 unsuccessful trades, zero of his deposit will remain.

tygeade

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Quote from: TheUltraElite on May 06, 2024, 04:58:55 AM

Quote from: tvplus006 on May 05, 2024, 07:03:50 PM

In order not to lose your entire deposit, you do not need to open an order for 100% of your available funds. Actually, there is a risk management strategy for this. Try trading 2-3% of your deposit. In this case, if the price moves contrary to your expectations, you will lose only these 2-3%, and not the entire deposit.

Well if they start with only 100$ then this method would mean spending 2-3$ per trade which is literally nothing. Therefore proper choice coins before starting the trade is important. The altcoins will always lead to bigger losses but not bitcoin, so that is one point. Again knowing how to deal with a opposite side movement is also important. Here you don't give up hope and panic sell but you hold it so that when the price crosses over you can sell the asset to break even.

However these little things will never be learnt from signals groups and all. It comes from practice and experience.

I do agree that trying to trade with such a small amount wouldn't work, a 2-3% method would work if you have at least 10k dollars, because in that case it is 200-300 dollars, and you could make some money there, but even in that situation if you make as much money as doubling your money, that would be 300 dollars more to your 10k, nothing big right away, it has to be consistent and for a long term in order to say that you did well.

I believe if you have just 100 dollars, then the lowest you should go would be fifty bucks, because that means you will be able to make a lot more, something that actually means something. Once again, even with just hundred bucks, you are going to end up with consistent and long term results that would mean something, daily it won't be much.

TheUltraElite

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Quote from: tvplus006 on May 05, 2024, 07:03:50 PM

In order not to lose your entire deposit, you do not need to open an order for 100% of your available funds. Actually, there is a risk management strategy for this. Try trading 2-3% of your deposit. In this case, if the price moves contrary to your expectations, you will lose only these 2-3%, and not the entire deposit.

Well if they start with only 100$ then this method would mean spending 2-3$ per trade which is literally nothing. Therefore proper choice coins before starting the trade is important. The altcoins will always lead to bigger losses but not bitcoin, so that is one point. Again knowing how to deal with a opposite side movement is also important. Here you don't give up hope and panic sell but you hold it so that when the price crosses over you can sell the asset to break even.

However these little things will never be learnt from signals groups and all. It comes from practice and experience.

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Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I don't think this is effective when you are fully relying on someone's signal. What if they don't provide any more or they will start becoming unprofitable?
I highly suggest you also learn even if you are relying on them, just learn because you will adapt it, and will be helpful in your trading.

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Quote from: Nrcewker on May 03, 2024, 01:41:29 PM

Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I won’t comment whether the idea is good or bad. But when it’s your own hard earned money, then why relying on other people’s calls. You should yourself take courage to learn about market analysis and do it yourself to choose the perfect coin to invest. It’s good as long as you are making profits from it. But if you make losses by chance, then you will complain about the source only. Hence, it will be ideal to do your own analysis and do the investment.

True. You should be responsible of your own investment by making the wisest decision that you think is right, and not because majority of people are saying it to you. Yes, it could be risky to rely on group signals or from those crypto influencers but it could be riskier if you invested without knowing in the first place.

You should know that the best way to be profitable in this kind of industry is to focus on your own growth and enhance your potentials, and that will only be possible if you rely on yourself and get acquainted on how the crypto investment works and on how you’ll become excellent in predicting market analysis despite of its high volatility.

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Quote from: nurilham on May 04, 2024, 05:59:09 PM

...For me, future trading is like a gambling in crypto trading. If you fail, you will lose all the funds...

In order not to lose your entire deposit, you do not need to open an order for 100% of your available funds. Actually, there is a risk management strategy for this. Try trading 2-3% of your deposit. In this case, if the price moves contrary to your expectations, you will lose only these 2-3%, and not the entire deposit.

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Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

If you already have good knowledge, why you rely on the group signals on telegram?
I think it is better to make your own signal, your knowledge will be useful. If you only wait for the signal from a group on telegram, you even don't need to have knowledge.

Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

But i got idea to make profit daily
I choose some coins potential raise and open long positions on them and hold

I'm not sure it is a good idea to make a daily profit on future trade.
How often you get profits from future trade so far?
For me, future trading is like a gambling in crypto trading. If you fail, you will lose all the funds.
If this happens every day, you may lose bigger. Just think again before doing daytrading in future trade. It is better to do daytrading in spot trade.

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Quote from: Nrcewker on May 03, 2024, 01:41:29 PM

Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I won’t comment whether the idea is good or bad. But when it’s your own hard earned money, then why relying on other people’s calls. You should yourself take courage to learn about market analysis and do it yourself to choose the perfect coin to invest. It’s good as long as you are making profits from it. But if you make losses by chance, then you will complain about the source only. Hence, it will be ideal to do your own analysis and do the investment.

You have a good point. It’s your hard-earned money that you are using to invest, so do the things that will make it work and profit. If you have an instinct that signals from telegram are worth to trust, hence prove it to yourself, not to the people here. It’s not that everyone who trust signal groups end up a waste of time and money, some are still profitable in their own ways. But always take some caution. It’s not bad to analyze first all those trading signals and make your good study on it, before you apply them in your trades. Be responsible of your own trades, know what’s best for it and avoid what will ruin it.

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Quote from: Heyui67 on April 27, 2024, 09:52:58 PM

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

If you already have it all and then you are quite sure, why should you doubt again?
Oh yeah, actually, the future market is very risky, right? Indeed, the results sometimes double and make us feel very happy with these profits. but otherwise we could also experience a very sad liquidation. So, will betting with traditional signals really work? Maybe it's because you already have your own understanding of future trading so that these signals can be used to optimize your analysis.

The important thing is that you understand what you want to do, you do the analysis, and you are confident in the strategy you have been implementing so far. As long as it works, then continue, but if not, at least make modifications.

Topic: Is there strategy to make profit daily future trade (Read 683 times)