Trading with profitability | Bitcointalksearch.org

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Quote from: South Park on March 15, 2023, 01:27:57 PM

Quote from: GeorgeJohn on March 07, 2023, 05:18:28 PM

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

Not only that, traders are always looking for that one trade that will make them rich, an example of this are all the people that are always looking at altcoins in which to invest as they hope they skyrocket and they become rich in a matter of months, however someone which could achieve small profits each day for years could achieve similar results with a risk which is many times smaller, however this trading style is not favored as it takes time and discipline, two characteristics many traders lack.

But do remember, one mistake in trading and you can easily lose the small profits from your scalping.
So you also need to be ready for such situation. But if you found scalping to earn you daily profits, why not?
With the volatility factor of btc alone, as it goes up and down many times in a day, you can indeed make profit within the day.
This strategy for me is a tiring one as you need to look the charts like all day long. This is only good if you have no other job to attend to.

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Quote from: GeorgeJohn on March 07, 2023, 05:18:28 PM

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

Not only that, traders are always looking for that one trade that will make them rich, an example of this are all the people that are always looking at altcoins in which to invest as they hope they skyrocket and they become rich in a matter of months, however someone which could achieve small profits each day for years could achieve similar results with a risk which is many times smaller, however this trading style is not favored as it takes time and discipline, two characteristics many traders lack.

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Quote from: GeorgeJohn on March 07, 2023, 05:18:28 PM

Quote from: Bushdark on March 07, 2023, 05:07:36 PM

Quote from: GeorgeJohn on March 07, 2023, 04:15:50 PM

Quote from: Questat on February 27, 2023, 06:44:28 AM

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

Making small profits consistently is better that having a huge winning today and losing a big tomorrow. If we calculate the amount a trader that is having consistent winning everyday even though it is small is better than a trader that Win big today and lose tomorrow. It is certain that losing is part of the market endeavours but it does not make sense when we keep losing and having small winning when we trade. The aim is to make profits not to keep losing which is can be very painful winning and losing at the same time.

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

If you are really that having that kind of behavior on which you are really that rushing up yourself on making huge or big profits just because you had seen it somewhere then it would really be creating that kind of

desperation which is something that you should really be avoiding on because it would really just making out that kind of desperation which would causes lots of errors and mistakes. Trading is never been simple

because you would really be needing lots of factors which you would really be needing to adjust and make it more enhance on making yourself that more better.
Profits would come along if you do just really do those basic principles but of course you should need to trade up well.

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Quote from: milewilda on March 07, 2023, 03:16:40 PM

When it comes on trading up bitcoin or trying out to snip out even on little movements then when it comes to spot then profits cant really be felt much unlike when you tend to higher up the leverage then this is where
you do able to felt out the profits but we know that not all or really that not suggetible on going into higher leverage if you are just still new on trading field. Stick with spot and its better to make yourself that
mastered out on staying up this area before you do consider out on touching up leverage/futures trading. Profit would really be basing up on how well you do make up trades.It doesnt matter
on which one you are involving into as long you do have done your part then this what matter the most.

Much better to stay with spot if you're not yet used to futures. I see people making the best of their trades with futures but if it works for them, it doesn't mean that it will work for me as well. We're all different traders and the risk that we take are also changing and will base on how's our take on it.

Quote from: Fivestar4everMVP on March 07, 2023, 03:26:01 PM

$5 to $10 is what some really good traders would make even before they get out of bed in the morning, though this is really a good strategy, I highly doubt if a serious day trader would be able to continue to stick to this type of plan for a long time, i mean with much discipline, a serious day trader, even after having made this amount easily could one day be tempted to try to make more money since there is still very much time and opportunity in the market.
I am not speculating though, this is something I've experience before, and sad to say that, this was how ended up making some huge loses in trading, at the time though.

There are traders that are disciplined and they choose to be quiet with their journey. No social media and they're all alone on this way but getting information and strategies from various sources like they're stuck in their cave room and will just come out when they've mastered it.
The amount is also important so that there won't be that much of an issue if you fail. And as they're disciplined, when they think they are ready to upscale and aim for another goal, they'll test it if it's doable.

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Quote from: Bushdark on March 07, 2023, 05:07:36 PM

Quote from: GeorgeJohn on March 07, 2023, 04:15:50 PM

Quote from: Questat on February 27, 2023, 06:44:28 AM

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

Making small profits consistently is better that having a huge winning today and losing a big tomorrow. If we calculate the amount a trader that is having consistent winning everyday even though it is small is better than a trader that Win big today and lose tomorrow. It is certain that losing is part of the market endeavours but it does not make sense when we keep losing and having small winning when we trade. The aim is to make profits not to keep losing which is can be very painful winning and losing at the same time.

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

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Quote from: GeorgeJohn on March 07, 2023, 04:15:50 PM

Quote from: Questat on February 27, 2023, 06:44:28 AM

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

Making small profits consistently is better that having a huge winning today and losing a big tomorrow. If we calculate the amount a trader that is having consistent winning everyday even though it is small is better than a trader that Win big today and lose tomorrow. It is certain that losing is part of the market endeavours but it does not make sense when we keep losing and having small winning when we trade. The aim is to make profits not to keep losing which is can be very painful winning and losing at the same time.

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Quote from: Oshosondy on February 26, 2023, 05:10:03 AM

One of the mistakes traders do make which I have made in the past is to be looking for a better profit. A good example is when having $1000, looking for a way to make $100 or more daily. That would be when leveraging it will come to mind, but leveraging is one of the reasons some traders find it that they are continuing losing.

As an experienced day trader, or a scalper, if you have $1000, what profit will you be looking for? Also what amount is your stop loss? What leverage would you prefer to use?

Recently I find it more profitable to earn just $5 daily either through scalping or scalp trading that is turned into day trading. I am not using altcoins for this but bitcoin.

If you are a day trader and you are using bitcoin to trade, if you have $1000, how much profit are you expecting daily? You may not use $1000, you can use percentage and I will understand what you meant too.

With $1000 as day trading capital, I will be looking for 3 to 5% profits and the reward ratio is high when we constantly hitting the target everytime. But the volatility its self is the boon and bane for the day traders so its almost impossible to do it everyday so when the market is in downtrend just avoid trading at all or just quit with minimum loss like 10% with stop loss is great strategy.

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Quote from: Oshosondy on February 26, 2023, 05:10:03 AM

One of the mistakes traders do make which I have made in the past is to be looking for a better profit. A good example is when having $1000, looking for a way to make $100 or more daily. That would be when leveraging it will come to mind, but leveraging is one of the reasons some traders find it that they are continuing losing.

This is ow a trader will commonly lose their money very easily when trading with leverage. There is bad money management plus greediness that will always make the traders lose their chance to take profits and then lose their money. This has been done several times until we find many traders especially newbies are expecting high profits quickly, so they ignore some advice not to be greedy, advice to be more careful in managing the money for trading. Trading with leverage is always risky, riskier than trading in the spot. However with higher leverage. I suggest newbies or whoever is new tot this not do this because it is more to gambling without any skills and capability only.

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Quote from: Questat on February 27, 2023, 06:44:28 AM

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

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Quote from: blockman on March 05, 2023, 03:29:19 PM

$5 - $10 with a capital of $1000 on a daily basis is already good enough for me. The risk is too low and I don't have to make a lot if I do day trading.
I have seen folks that do trade with such huge capital and then try to achieve more than the capital and that's the riskier thing to do.
But as someone who wants to take lesser risk, I'll just take the easy way of not expecting a lot and not trying hard for me to have a simple and easier goal as I day trade.

$5 to $10 is what some really good traders would make even before they get out of bed in the morning, though this is really a good strategy, I highly doubt if a serious day trader would be able to continue to stick to this type of plan for a long time, i mean with much discipline, a serious day trader, even after having made this amount easily could one day be tempted to try to make more money since there is still very much time and opportunity in the market.
I am not speculating though, this is something I've experience before, and sad to say that, this was how ended up making some huge loses in trading, at the time though.

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Quote from: blockman on March 07, 2023, 02:19:37 PM

Quote from: Kelvinid on March 06, 2023, 04:52:16 PM

Quote from: blockman on March 05, 2023, 03:29:19 PM

$5 - $10 with a capital of $1000 on a daily basis is already good enough for me. The risk is too low and I don't have to make a lot if I do day trading.
I have seen folks that do trade with such huge capital and then try to achieve more than the capital and that's the riskier thing to do.
But as someone who wants to take lesser risk, I'll just take the easy way of not expecting a lot and not trying hard for me to have a simple and easier goal as I day trade.

This is indeed enough and with the volatility of Bitcoin, we can't expect a huge profit unlike when we are trading altcoins but the risks is too high.
Because as I compared to my friend who is using altcoins can make more than $10 a day if the market is good which means that the hype that these altcoins have could possibly make you earn more and this is quite impossible for Bitcoin. Well, of course, many traders use Bitcoin for safe play and if we are still learning, this is suitable pair to use.

It's possible for bitcoin but you have to go it with the leverage type of trading and as I know, not that many would like to be in there because of how risky it is to do that.
But having a little target every time we trade will also help because it wouldn't force us to reach some quite huge amount that we have to make within the day.
It's easier to be on that shoe than to be trying hard trading and then you won't meet that expectation of reaching that target being a trader. You don't have to be hard on yourself but just be profitable, whether it's not so high or just middle income as a trader, that's already a good thing as you progress more and soon you'll take more risk depending on your take and assessment of yourself.

When it comes on trading up bitcoin or trying out to snip out even on little movements then when it comes to spot then profits cant really be felt much unlike when you tend to higher up the leverage then this is where
you do able to felt out the profits but we know that not all or really that not suggetible on going into higher leverage if you are just still new on trading field. Stick with spot and its better to make yourself that
mastered out on staying up this area before you do consider out on touching up leverage/futures trading. Profit would really be basing up on how well you do make up trades.It doesnt matter
on which one you are involving into as long you do have done your part then this what matter the most.

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Quote from: Kelvinid on March 06, 2023, 04:52:16 PM

Quote from: blockman on March 05, 2023, 03:29:19 PM

$5 - $10 with a capital of $1000 on a daily basis is already good enough for me. The risk is too low and I don't have to make a lot if I do day trading.
I have seen folks that do trade with such huge capital and then try to achieve more than the capital and that's the riskier thing to do.
But as someone who wants to take lesser risk, I'll just take the easy way of not expecting a lot and not trying hard for me to have a simple and easier goal as I day trade.

This is indeed enough and with the volatility of Bitcoin, we can't expect a huge profit unlike when we are trading altcoins but the risks is too high.
Because as I compared to my friend who is using altcoins can make more than $10 a day if the market is good which means that the hype that these altcoins have could possibly make you earn more and this is quite impossible for Bitcoin. Well, of course, many traders use Bitcoin for safe play and if we are still learning, this is suitable pair to use.

It's possible for bitcoin but you have to go it with the leverage type of trading and as I know, not that many would like to be in there because of how risky it is to do that.
But having a little target every time we trade will also help because it wouldn't force us to reach some quite huge amount that we have to make within the day.
It's easier to be on that shoe than to be trying hard trading and then you won't meet that expectation of reaching that target being a trader. You don't have to be hard on yourself but just be profitable, whether it's not so high or just middle income as a trader, that's already a good thing as you progress more and soon you'll take more risk depending on your take and assessment of yourself.

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Quote from: tygeade on March 07, 2023, 04:46:35 AM

Quote from: michellee on March 06, 2023, 12:29:25 AM

Using $ 1000 to make $5 per day is possible especially with the added ability and expertise in analyzing. It will probably make our profits even bigger. And our choice of trading also is not just one or two coins. We can trade more coins which will provide an opportunity to make additional profits.

If we only calculate the potential profit that we can get, it might be easy but the implementation might not be possible unless we want to take the time to learn more about trading and can improve our trading skills.

Possible and likely are not the same things. I agree that it is possible, it is also possible to make 100 dollars per day with 1000 dollars as well, you just need to make 10% and that is "possible" but is it likely? I do not think so.

Someone new making 4x return in a single year with 1000 dollars is also possible but it is not likely. Don't get me wrong, I am not saying that it won't happen, or never happened or never will happen, I am sure someone will eventually do it, or maybe even did it, but just because one out of thousand tries happened to be a success, doesn't mean that will also be you. I would say having some more realistic expectations could be better.

And this is what people do not get, as soon as you mention averages and probabilities they begin to talk about how this one person they know got what they wanted despite the odds, and they think why the same should not happen to them? And when I am told that I just shut up and let them do whatever they want as I know they do not understand my arguments at all and they will do whatever they want, even if this means they will have to learn the hard way why going against the probabilities is such a bad idea.

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It is a good profit standard sets by using 1000$ to earn 5$ in a day trading. Of course, using another altcoin might be too much of a risk. Bitcoin is good and its volatility is extremely low compared to these other coins and its dominance is nothing bad to be talked about. A 10% profit is indeed a go for me too.

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Quote from: michellee on March 06, 2023, 12:29:25 AM

Using $ 1000 to make $5 per day is possible especially with the added ability and expertise in analyzing. It will probably make our profits even bigger. And our choice of trading also is not just one or two coins. We can trade more coins which will provide an opportunity to make additional profits.

If we only calculate the potential profit that we can get, it might be easy but the implementation might not be possible unless we want to take the time to learn more about trading and can improve our trading skills.

Possible and likely are not the same things. I agree that it is possible, it is also possible to make 100 dollars per day with 1000 dollars as well, you just need to make 10% and that is "possible" but is it likely? I do not think so.

Someone new making 4x return in a single year with 1000 dollars is also possible but it is not likely. Don't get me wrong, I am not saying that it won't happen, or never happened or never will happen, I am sure someone will eventually do it, or maybe even did it, but just because one out of thousand tries happened to be a success, doesn't mean that will also be you. I would say having some more realistic expectations could be better.

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A large amount of capital for me is always needed for trading because sometimes the market movement is just the slow price movement that's why scalpers always grab the opportunity to make a position still unless you make a huge leverage just to make a small wins it's too much risky move.
I guess ideal of you gain profit at least a 20% of your capital every day still a winning day.

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Quote from: blockman on March 05, 2023, 03:29:19 PM

$5 - $10 with a capital of $1000 on a daily basis is already good enough for me. The risk is too low and I don't have to make a lot if I do day trading.
I have seen folks that do trade with such huge capital and then try to achieve more than the capital and that's the riskier thing to do.
But as someone who wants to take lesser risk, I'll just take the easy way of not expecting a lot and not trying hard for me to have a simple and easier goal as I day trade.

This is indeed enough and with the volatility of Bitcoin, we can't expect a huge profit unlike when we are trading altcoins but the risks is too high.
Because as I compared to my friend who is using altcoins can make more than $10 a day if the market is good which means that the hype that these altcoins have could possibly make you earn more and this is quite impossible for Bitcoin. Well, of course, many traders use Bitcoin for safe play and if we are still learning, this is suitable pair to use.

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Quote from: Scripture on March 05, 2023, 05:55:03 PM

Quote from: blockman on March 05, 2023, 03:29:19 PM

$5 - $10 with a capital of $1000 on a daily basis is already good enough for me. The risk is too low and I don't have to make a lot if I do day trading.
I have seen folks that do trade with such huge capital and then try to achieve more than the capital and that's the riskier thing to do.
But as someone who wants to take lesser risk, I'll just take the easy way of not expecting a lot and not trying hard for me to have a simple and easier goal as I day trade.

This could be more ideal and realistic because in trading, having a huge capital doesn’t guarantee any big profits sometimes you have to set your goal lower so you can achieve it. Try to start from this level and you’ll realize that all you need to do is to be more consistent and compute that for a month you might probably earn more compare to your capital. Trading is for a wise trader who don’t get too emotional with their trades, it should be purely based on your own analysis.

Yes, it's a fact that even if you've got a higher capital it doesn't give you a ticket to guarantee your profit. It is giving you the survivability to stay longer as you trade but if you're no good it's possible that it will be wasted and be gone.
The higher a trader aims for more profit, the riskier they take that path because you'll be doing things so that you can achieve that expected profit as you trade. But the better way is to trade casually and don't aim for any amount or if you do, don't expect a lot and just keep on trading until you think that you can fairly reach those high targets you set. But always remember, set realistic goals in trading.

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Quote from: borovichok on March 05, 2023, 08:48:31 PM

Quote from: abel1337 on March 05, 2023, 06:50:05 PM

There's no guarantee thing on trading but with a higher capital, The chance of getting you big profits is much easier and attainable compared to those who has small capital thus the money you are risking is also high. Having a good consistency is one of the thing that you need to have if you are aiming to make trading a substitute to your daily job. Though for me it's hard to achieve given that the market is so volatile and I'm not really comfortable in doing short trades.

Unlike to small accounts with modest lotsizes, which usually result in liquidation, higher capital yields significant gains. Particularly when the market is volatile, we should manage our trading accounts and know what to do and the things to permanently remove from our minds. Our primary goal is to hold positions in trading that generate enormous profits. There is unquestionably only happiness when a trade reaches our target price for the day. Some traders will close their accounts for the day right away, while others will try to enter another set of trades despite the fact that there is an 80% chance that they will result in losses.

for those who can understand what to do, then they can survive in the trade. but for those who are controlled by emotions, they will be mired in the destruction of their trading. trading is not just profit or loss, but how we plan a healthy portfolio to run. if this can be done, then our emotions will be stable enough to face a volatile market, because in the future there will be various kinds of market conditions to be addressed properly, in order to achieve targets like the previous portfolio

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Quote from: tygeade on March 03, 2023, 09:50:39 AM

Quote from: michellee on March 02, 2023, 05:49:27 AM

Trading leverage but not having better skills will not give you the profit you want and will hurt you because you can lose all your capital quickly. It is natural for a trader to want to get big profits in trading. But he must realize that he must have better analytical skills to find the time to trade and close his trade.

And if I have $ 1000, maybe $ 5 per day is a good profit to earn, especially if the market situation is still uncertain as it is now. And I would be so grateful to get that $ 5 instead of me trying to chase bigger profits but having to wait until a few days or even a week or more.

That 5 dollars per day is actually pretty good when you consider how quickly you could grow. If you make about 0.5% per day, that means on 100th day you would have 500 dollars more, and that's not even counting exponentially, that 0.5 will become 7.5 dollars, and in another 100 days you would have 2250, and in another 100 days that would be 3300+ dollars, as you can see even before the year runs out, even if we just restock it every 100 days, it is already 3x for you and then we have another 65 days left for the year, which would make it 4k+ and 4x profit as well.

That's what we need to consider when we are making these type of investments, small but consistent profits matter more than quick returns.

Using $ 1000 to make $5 per day is possible especially with the added ability and expertise in analyzing. It will probably make our profits even bigger. And our choice of trading also is not just one or two coins. We can trade more coins which will provide an opportunity to make additional profits.

If we only calculate the potential profit that we can get, it might be easy but the implementation might not be possible unless we want to take the time to learn more about trading and can improve our trading skills.

Topic: Trading with profitability (Read 534 times)