Topic: want to trade - page 4. (Read 453 times)

First of all, looking beyond the amount you want to invest, let me say this "ALL THINGS ARE POSSIBLE TO THEM THAT BELIEVETH". I particularly love the OP's spirit.
However the reality is, that feat is DIFFICULT to achieve if :
1. You can increase your trading capital
2. Try not to be greedy
3. Be disciplined
4. Acquire the right knowledge of trading so you dont get your fingers burnt.

You read this quote from this humble and thankful user and your conclusion is that they're trolling. I don't see what you're seeing, and I don't agree with what you're saying either. I've been making a healthy $20 a day or so, just from buying low and selling high. I've been following the more overt patterns of the market, and it rides pretty consistent wave rolling up and down 2000-4000. I don't buy and sell all day, I just buy or sell a chunk of my coin once a day or every other day depending on the market movement. Slow and steady, the bitcoin market moves powerfully enough to really make a small investment mean a lot. I only keep about $500 on the exchange, and I frequently profit $100 or more on a single cycle.

If you're patient and do not panic whenever the bitcoin price moves a few hundred dollars you'll be able to make your money work for you. Settings goals is always a good thing, but when you start stressing out about earning an exact $ figure each day off of very limited capital you will start to make mistakes out off frustration and desperation. You do not want to get yourself into the vicious cycle of emotional trading, because you'll end up broke and very unhappy. Let the market treat you well, bee patient for your profit and do not act like you're owed anything. Take it as it comes, do not get greedy, do not think the market will bend to your will and you should be okay.

For example, about 4-days ago I bought some coin at $12,800 and just a few minutes ago I sold that same coin for $15,200. We'll see if it was a good trade to sell it now, but I'm pretty sure we're going back down a couple thousand and then I'll do it again. I sometimes wait days for a trade, but the profit is good, it's very relaxed and it can be scaled up very well.

Are you trying to say that 100 verge same with $22?
If its true then it will be very difficult to get $20 a day with $22.
I dont its not imposible but its very difficult.

i think it is not possible , you should invest more (atleast 300-400$) , just learn about trading and then research about market then you can success .

Exactly, that is why I love to trade in altcoins because sometimes the price will pump and dump and being updated with the rumors
and news you will be able to make a good decision and make profit.
If you have a good amount of capital you will be able to make a good return, the market is so volatile that will benefit those who are smart enough.

Trading is difficult job but if you would like to try it, in my opinion firstly learn about technical analysis and understanding the chart and some indikator. Buy on the bottom and wait patiently to get it, so trading not only about technical analysis but also need good in psikilogis like patient and do not greedy.

there is no way you could make 100%-130% per day in Forex market. that is an illogical profit impossible to make in any big and lower risk market.

these types of high profit is only possible in small high risk markets, such as Penny Stocks market and Altcoin markets. specially the altcoins since they are also manipulation due to them not being regulated and being easy to manipulate.

That's a huge profit for a small capital sir! If you want to have an income like that in day trading, start to read and learn some basic analysis and do your own research about the coin you were trading and make your capital bigger than that.
Trading is not easy, you have to learn some knowledge about it. It's a risky thing that every seconds or mins. it can loose all your money in a blink of an eye so better to make your own research about it dude!

Before, i did day trading and if I profit 10% in a day I'm overwhelmed and feel fortunate with that because having that profit isn't easy in day trading so what you're trying to achieve here is quite impossible. However, we're not in the same shoes so I hope you can achieve that like what you've said that hard work and research are also a key. So good luck buddy.

This is possible only in the Forex market!
There is no stability on the crypto-currency market and you can lose everything in 1 minute.

I can teach Forex trading, but not for free....
I have been creating my own trading systems for many years.

Verge is $0.16 so you are trading with $16 and want to make $20 every day! that is 125% profit on a daily basis. it is not impossible, but since you are claiming to be a newbie in this i'll say it is impossible for you to do this.

you need to lower your expectations and start with a smaller profit goal such as 1%-5% weekly profit then decrease the interval to daily and then after a while increase the profit and your investment amount. you can never start at the top step, you need to take the steps one at a time and from the bottom.

and as for trading you will need to learn how it works first and then start learning how the market moves. it is not a gambling game that you just play it and wish for the best to get lucky. you need to be able to make rational decisions when you buy something at some price. specially if you want to make profit consistently not win 1 time and lose 10 times.

There is no way that is gonna happen, 100 Verge (0.151174 per coin) is only equivalent to $15+ right now and that is a very small amount and even not enough to make $20 a day, trading it with other cryptocurrency, possible if the coin you bought suddenly pumped 100%+ of its current price but that's not always happening. You should increase your investment then it would be possible for you to earn $20 a day or higher depending on how huge money you put in it. But you have to understand that day trading is more risky so there is always no guarantee that you will make a profit everyday.

Well  for me if people want to trade then they'll be it. As the market is there so trading is always good just be intelligence for it, in terms of trading user must always be active and monitor evrything happens inside the market.

If you do not have much trading experience and you have to deal with doing that you should do well to learn first and then suddenly suddenly it is your competition and not when we should be careful and first watch youtube with others more information and that you should not just have to make sure that you have a steady coin for long time to earn that coin.

Must be a kid trolling lols.  20usd a day is possible during pre altseason and altseason.  But during bearish period daily income of 20usd from day trading is so hard unless you have a huge money.

Thank you for your advice. Nothing is impossible afaik. Within 3 months with these 20$ investment I will achieve $200 and I wont invest a single penny at all. With this much investment, research and hardwork I will achieve my goals

Yes I agree. Since the exchange is not a place where you can or you need to try to win 100% at what every day). Volatility of currencies, even fortunately, probably is not so huge. With this approach and deposit it is a clean lottery. It is better to buy cheap or undervalued currency for this money and maybe in a year it will give X10, and maybe X100, if very lucky). Chances are not less than in the first case)

$20 a day with a $22 investment is like saying that you own a million dollars and you want to make a million dollars a day.

Can you understand how crazy it sounds? if you try to be in the shoes of a person who says that, you will understand that $20 a day with an investment of $20 is impossible.

If you want to earn that amount, at least, try to invest $1000 or $3000, without that amount of money you are nothing on the market.

Yes don't just look at graphs on coinmarketcap but rather get an understanding of three forms of analysis. Those are technical, sentimental, and fundamental, if you understand these you stand to do well imo.

I have got 100 verge at binance. What should I trade with. I want to learn how to make atleast $20 a day just by trading from home. Just a newbie trying to learn trading. Any expert opinions or guidance or suggestions please?