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Topic: It is possible to make a profit by trading - page 4. (Read 924 times)

hero member
Activity: 2856
Merit: 667
January 05, 2022, 04:30:36 PM
#92
It is true that losses are also part of trading, so if you are getting loss don't be worried learn more practice more ultimately your loss ratio with respect to profit will be nothing.

I think that's how trading should be. If you see you're not profitable anymore and just keep acquiring losses, learn to study more and create other strategies that will perfectly suit on you. In no time, you will regain what you had lose. But definitely, losses are already part of trading. If you can't accept losses, then you should not be trading in the first place. Because trading is high risk, and once you do it, you should perform it with full of knowledge, focus and patience. And with experience, i know you will be able to manage the risk.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
January 05, 2022, 12:34:08 PM
#91
It is true that losses are also part of trading, so if you are getting loss don't be worried learn more practice more ultimately your loss ratio with respect to profit will be nothing.
sr. member
Activity: 980
Merit: 252
January 05, 2022, 11:42:14 AM
#90
Well, I can bet that there are no traders who can do that making a profit daily, even how expert you are in trading, the possibility of losing per day is very high and it doe not give a guarantee that it will happen. I have already done this during the pandemic and hoping that I can able sustain my daily needs through the outcome of daily trading but I was failed, there is no assurance that you can generate profit in trading, and in fact, I lose all my money at the end.

Nope i think your words are just based on your experienced and your inner circle traders who have similiar fate to you. There are many daytraders who could earn their profits daily, maybe there are some days they got loss but if they took the average the amount of losing trades is much lower than the profits.
Nowdays there are a lot of daytraders sets their daily trade on a live stream, we could see how they make profits with 5-15 minutes time frame, i saw a lot of those traders on youtube live and tiktok.
So it's possible to trade for living and making trade as a main job if we already experts at it.
newbie
Activity: 1
Merit: 0
January 05, 2022, 07:48:57 AM
#89
Day trading is an extremely difficult and competitive market. It's been estimated that 95% of day traders lose money, but it can be done profitably for those who persevere in the long term - about 5%. If you're thinking about starting your first trade ever then here are three things to know: 1) There aren't many people with successful track records 2), The risks associated make this technique worth consider despite his/her losses 3). Making cash Chrome browser extension.

Have you ever tried something new? I have a technique that has been very successful in day trading. It only takes about 10 minutes of your time and offers some great results!

9.15 a.m.–9.25 a.m. - Find Stocks that Have opened with a GAP up or Down of more than 2%. Out of 200 F&O stocks, you have cut down your selection criteria to 3–4 stock. There is some news in this stock, or some large investor wants to buy large quantities in this stock and hence the GAP.

9.25 a.m–9.30 a.m. - There will be 3 data points available 1) Volume. 2) High. 3) Low. Volume has to be higher than previous days volume in 10–15 mins. Now keep a buying Stop Loss above the days High. Example, yesterday stock A closed at 100, today it opened at 103 and in the first 10 mins made a low at 102.55 and High of 103.5. As soon as it crosses its 15 minute high of 103.5 buy it.

9.30 am–3.30 pm - Once the Buy order is triggered, Keep days low or weighted average price (available on all trading software like zerodha, Sharekhan etc. for free) as your Stop Loss. Keep Riding the stock until its 3.15 or Your trailing stop loss is triggered or You get your desired profit for the day.
Remember 1 thing that excess greediness is the root cause of failure in Day Trading.
hero member
Activity: 1498
Merit: 506
January 05, 2022, 07:23:24 AM
#88
Yes if you know how to trade and if you are able to have a good analysis and instinct in trading which can be achieved by training or constantly trading but if you've been trading for more than a year and you are still not earning and still don't know how to make profit in trading, then there's something with your analysis and you need further knowledge and experience in trading.
sr. member
Activity: 1414
Merit: 326
January 05, 2022, 03:35:26 AM
#87
It is possible to make a profit by trading but it is not always possible to make a profit as there will be profit there will be possibility of loss. Both must be controlled and moved forward success is achieved by trading and the more you analyze the market the more likely you are to make a profit the reason for the loss is that everyone does one thing as the market rises a lot and seems to be rising when it thinks it may want to take a trade but when you look at the e chart it is more likely to go down when the price rises too high. These need to be verified to determine the trade.
full member
Activity: 1292
Merit: 101
Vave.com
January 05, 2022, 02:09:36 AM
#86
I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
We all know that trading is a tough way of earning .There are many things related on this which you need to learn and follow as well .You said that you have made enough loss ,i think it was your beginning time .Now you are getting profit after having experienced on this field .We all know that crypto market is high volatile so it is to ern from trading here and also you can make huge amount of loss if you don't know anything concern it .However you have to learn trading here there are lots of option here for trading like spot ,future,day trading and many more tricks and option .You have to study everything properly before you enter on the market .Then you can start with small amount after having more experience we can really get profit from trading  .Its a great platform so that it is always a chance to get profit from here if we know everything properly .
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
January 04, 2022, 07:59:27 PM
#85
Well, I can bet that there are no traders who can do that making a profit daily, even how expert you are in trading, the possibility of losing per day is very high and it doe not give a guarantee that it will happen. I have already done this during the pandemic and hoping that I can able sustain my daily needs through the outcome of daily trading but I was failed, there is no assurance that you can generate profit in trading, and in fact, I lose all my money at the end.
Never put your own experience to generalize all traders around the world.
We don't know who are exactly traders in the world, how they trade, how much, and how why they're still here.
I know several traders that I think are quite professionals, trading since 2015.
They are a daily trader, trading in most Future markets, some of them are using the paid bot (AI), and they have so many capitals.
yes, they sometimes experience some loss every day, but they are trading not only once and not only one coin or token, they are doing it several times and also several trading opens.
They may lose once, but they take profits in other trading positions on the same day.

legendary
Activity: 3122
Merit: 1398
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January 04, 2022, 06:10:23 PM
#84
Proper knowledge in trading is the key to become more successful, we have to be the better version of ourselves always, and in trading its really important. Always have a goal to target every year, trading is more fun and profitable if you know where to go, that goal can motivate you to trade more, yes this is not easy and simple but you know its rewarding even if its too risky.

Actually, OP is not literally losing always. It's just that there are times of experiencing a big loss which should be normal as even professional traders are also losing big today. As long as OP is learning from those losses, just keep moving forward to build a good winning experience.

OP is trading for a long time now and is not totally a newbie therefore, lots of strategies are already used while OP is advancing on his trading experience.

Again, just keep moving forward and treat those losses as a lesson.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
January 04, 2022, 04:59:11 PM
#83
In trading, we must have good management, we must exert all our management, be it time, finance, and others. Trading can provide benefits for all traders, I myself consider trading as a place of income to meet daily needs. You yourself have made a profit, this is very good and a motivation for other traders. The most important thing is to master the market and the analytical skills that we must have.
Trading for daily profits is quite hard. I've tested that but it's not for me and if you're good with it, I admire you if this is where you're getting your daily needs.
It's common to see people getting their daily needs with trading because they're good at it but not everyone succeeds in doing so.
Well, I can bet that there are no traders who can do that making a profit daily, even how expert you are in trading, the possibility of losing per day is very high and it doe not give a guarantee that it will happen. I have already done this during the pandemic and hoping that I can able sustain my daily needs through the outcome of daily trading but I was failed, there is no assurance that you can generate profit in trading, and in fact, I lose all my money at the end.
legendary
Activity: 3248
Merit: 1179
January 04, 2022, 04:48:57 PM
#82
In trading, we must have good management, we must exert all our management, be it time, finance, and others. Trading can provide benefits for all traders, I myself consider trading as a place of income to meet daily needs. You yourself have made a profit, this is very good and a motivation for other traders. The most important thing is to master the market and the analytical skills that we must have.
Trading for daily profits is quite hard. I've tested that but it's not for me and if you're good with it, I admire you if this is where you're getting your daily needs.
It's common to see people getting their daily needs with trading because they're good at it but not everyone succeeds in doing so.

For some of us, daily trading is not an option! I tried it and it didn't work for me, it's complicated, you really need to know what you are doing if you want to be profitable... I couldn't find myself in that! People who want to daily trade should try with some small capital at first, just in case... you can't imagine how things can go wrong pretty quickly!
But people are making a profit with daily trading and that's a fact! I just think it's easier to make a profit with mid and long-term trades, to find some good coins, and wait for dips, that always come, later you sell when the price rise and you repeat the circle, waiting for another dip!
sr. member
Activity: 2534
Merit: 332
January 04, 2022, 03:43:48 PM
#81
In trading, we must have good management, we must exert all our management, be it time, finance, and others. Trading can provide benefits for all traders, I myself consider trading as a place of income to meet daily needs. You yourself have made a profit, this is very good and a motivation for other traders. The most important thing is to master the market and the analytical skills that we must have.
Trading for daily profits is quite hard. I've tested that but it's not for me and if you're good with it, I admire you if this is where you're getting your daily needs.
It's common to see people getting their daily needs with trading because they're good at it but not everyone succeeds in doing so.

This is simply talks about daytrade which its actually true that making out profits in short term basis or as early as possible is the most hardest kind of trading which it doesnt really fit out everybody in doing so and thats

why you would see that most of them do decide not to touch day or active trades because they werent capable on doing so thats why they do hold up instead of dealing with it actively.

You could make out money but it wont be simple as it sounds thats why you should be wise on what kind of trading you would be dealing with.
full member
Activity: 868
Merit: 106
January 04, 2022, 03:16:58 PM
#80
In trading, we must have good management, we must exert all our management, be it time, finance, and others. Trading can provide benefits for all traders, I myself consider trading as a place of income to meet daily needs. You yourself have made a profit, this is very good and a motivation for other traders. The most important thing is to master the market and the analytical skills that we must have.
hero member
Activity: 2828
Merit: 611
January 04, 2022, 02:29:24 PM
#79
it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time.
Yeah, crypto trading is having equal possibilities for both profits and losses always and you need to make your skills work for you to push the odds for being profitable by beating out the losing chances. There are many people who initially faced losses and then corrected their mistakes and then turned into profits side and you are not the fist one doing so. Also, it would be too good if you keep making more profits by minimizing your losses. But, most traders may not do that.

you need to develop a habit out of it.
When you always open your trades only as per technical analysis then you might be getting enough chances to make profits and if you start following your emotions then you may get trapped very soon. If you make technical analysis as a habit then you can make enjoying profits as a habit.
hero member
Activity: 2842
Merit: 625
January 04, 2022, 06:11:58 AM
#78
Exactly, by trading profit making is possible. Look for good fundamental cryptos and skip others. Many people are trade and Invest only in 10 to 15 crypto’s. But still it’s giving good returns consistently. Be selective always, before buying any crypto check Chart, coin market cap, crypto panic, galaxy score etc.
Investing in 10-15 cryptos, they're already much for me. If you're an investor, you don't have to have that much diversification if you're aiming for the gain.

Because such number will always make your portfolio move and it's just like going to swing around and you won't gain that much, IMO. But if you're a trader and you're diversified that much and you think that it's essential for you to be like that, your money - your rules - your strategy.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
January 04, 2022, 05:18:23 AM
#77
I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
The profit/loss goes side by side and you cannot always be in profit because sometimes market is in red and you suffer loss but you can have strategies to minimise your loss and risk.You can always make your own trading rules after analysing the market conditions and see the output on each variation.This is long process and we grow as we learn with experience.
I guess traders were aware of the situation that not all the time the market went bullish that traders are having a huge opportunity to make a profit. Likewise, it can be sometimes it was on the bearish and those who won't able to understand it will simply making complain and ask why? It is simple, trading will be profitable if we are able to understand it, and we do our best to make the reach of goal. But this can never ever happen for those who come without backup knowledge and even thinking for easy money, I would say that it ends up horrible.
member
Activity: 222
Merit: 10
January 04, 2022, 05:05:24 AM
#76
Of course it is very possible to get profits from trading. A lot of persons depend on that for a living. That's not to say that you won't suffer some losses along the road, but ultimately if you understand how the market works, you definitely will make profits.

Exactly, by trading profit making is possible. Look for good fundamental cryptos and skip others. Many people are trade and Invest only in 10 to 15 crypto’s. But still it’s giving good returns consistently. Be selective always, before buying any crypto check Chart, coin market cap, crypto panic, galaxy score etc.
full member
Activity: 1834
Merit: 166
January 03, 2022, 02:32:07 AM
#75
I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?
The profit/loss goes side by side and you cannot always be in profit because sometimes market is in red and you suffer loss but you can have strategies to minimise your loss and risk.You can always make your own trading rules after analysing the market conditions and see the output on each variation.This is long process and we grow as we learn with experience.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
January 02, 2022, 07:57:42 PM
#74
of course it is very much possible, but we have to also remember that the same probability we have to make a profit is the same probability that exists to make a loss in trading, its all about choosing the best trade setups to minimize the chances of making a loss!

Other pointers to remember is that practice risk management, do not overtrade, and also analyze your charts before taking trades and make use of higher time frame biasness.
sr. member
Activity: 1218
Merit: 279
January 02, 2022, 07:38:45 PM
#73
Trading is indeed profitable, many people are probably making huge funds from daily trading. Although, is highly risky and is always associated with huge loses. However, to profit from trade, it usually involves a good and effective strategy, lot of researchse and lot of experience. Nevertheless, one thing i don't usually like about trading is that is consumes a lot of time. But, if the trader can take good advantages of the market, he/she will definitely make nice funds.
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