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Economy => Trading Discussion => Topic started by: 9thsky on August 22, 2021, 09:55:33 AM



Title: Is it possible to make $5,000 a month day trading?
Post by: 9thsky on August 22, 2021, 09:55:33 AM
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).



Title: Re: Is it possible to make $5,000 a month day trading?
Post by: mk4 on August 22, 2021, 10:20:06 AM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: jackg on August 22, 2021, 10:30:03 AM
Crypto trading earnings will be quite irratic I think. There's going to be no % accuracy you can bet on earning repeatedly.

I'd say, trading forex or stocks at the moment you might be able to make ~1.5% a week without much risk but there's the problem of that becoming less volatile too after the pandemic and not doing so well - and finding a strategy that can reach that. You'd need a lot more additional capital for both strategies though too... (you're probably better off just holding stocks).


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Ararbermas on August 22, 2021, 10:38:39 AM
Yes it's possible but make sure you're good at anything when it comes day trading wherein in order to have a good win rate everyday.. Indeed you have a big capital so you can obtain good profits as well afterwards.. Remember full time isn't a easy thing, i mean you need to keep monitoring the market growth rate so that you know what's happening and lastly don't forget to keep updated with news as well because it always influence the market performance.. Just focus what you doing to don't miss all the opportunity to ride the trend, forget your emotions when trading to avoid doing mistakes..


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: checkmatesir on August 22, 2021, 10:44:39 AM
The amount you mentioned in the post will be quite nice and achievable for your target of $5,000 a month. As it is a possible amount and even i can say you can get a profit more than the amount you mentioned for a month. I'm also a day trader and since i have small capital but i also earn a lot from that small capital too.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: 9thsky on August 22, 2021, 10:54:08 AM
The amount you mentioned in the post will be quite nice and achievable for your target of $5,000 a month. As it is a possible amount and even i can say you can get a profit more than the amount you mentioned for a month. I'm also a day trader and since i have small capital but i also earn a lot from that small capital too.

What's your strategy, if you don't mind me asking?


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: boyptc on August 22, 2021, 11:35:15 AM
With that capital yes.

You can even make less than 30 days with that capital but I don't know how good you have to be with that. But for sure, you really have to be good.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: palle11 on August 22, 2021, 01:08:13 PM
The balance of $15,000 can give you more than you are estimating for the month. The profit of $5,000 is easy to achieve even before the month ends and how it can be easier is to trade in highly volatile coins like bitcoin. Bitcoin was around $29,000 the past one month and now above $49,000. The calculation of the difference of $49,000 - $29,000 is $20,000 , this is really big as you can see for a month.

The above analysis is if you just bought and hodl, you would have made like $20,000 without trading at all, just with your investment resting on your wallet or exchange. Therefore, if you do trading and you understand how to enter in the right time and exit time too you can keep smiling all the time with profit above $5,000.

The issue is to do the right kind of trade decision. Hodling and trading at the right time is a good way to good profit.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Oshosondy on August 22, 2021, 01:27:07 PM
...
You are a beginners, there is a chance of 95% or more that you may lose the $15000 than gain, you are a beginners, you will need to first learn how to trade, no other ways after you have known analyses than to use very small amount of money, you can start with $100 or less and see how it goes. I will advice you to wait for the market to dump and invest $15000 instead of trading it, day traders can lose all their trading capital in just a week even in just a day, try to start patiently and be carefully, have good money management.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: sheenshane on August 22, 2021, 01:51:37 PM
Possible, but there's no guarantee that you will easily make money in trading, you might face different consequences and remember always how to handle risk or manage risk in trading that usually newcomers don't have.

I don't know how good you are in trading because you didn't tell us above, this also varies on your skills and knowledge in trading.  Because there are too many ways or strategies of making a profit (or losing profit) in trading.  But before you will start, please consider this advice as to your first step in trading, or either you've your own research in the first place.

  • Pick a good exchange trading platform that suits you as a newbie or expert.
  • Find a good source of information regarding trading and start your Fundamental and Technical analysis.
  • Look pattern and create your own forecast upon predicting the market.
  • Use advance tools that can help you in trading.
  • Risk Management.
  • Portfolio Management.
  • Set a trading plan and stick to it.
  • Target profit, avoid being greedy.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: qwertyup23 on August 22, 2021, 01:52:36 PM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.

I think the sky is the limit when it comes to trading but like what you mentioned, it all boils down to your experience and skill in speculating the market.

Even with a minimum invested capital as low as $1,000, any amount of profit is achievable but you have to consider the opportunity and luck playing a big role on this aspect. An experienced trader may earn as much as anything on a given month but they can still earn and lose at the same time depending on the market.

Bottomline is, trade in order to gain experience. After attaining such skill, then you can start putting large amounts of sum in your trades.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: mk4 on August 22, 2021, 02:19:42 PM
I think the sky is the limit when it comes to trading but like what you mentioned, it all boils down to your experience and skill in speculating the market.

That's pretty much it. The height of the ceiling only depends on how much risk you're willing to take. But of course, at the same time it could just as easily go the opposite way and end you up with zero in no time.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: bittraffic on August 22, 2021, 02:23:53 PM
Like mk4 said you only have to be good at it especially in margin trading if you do it on the spot market, it may be very different and you can only earn $5000 if you can wait in holding. Hard to try futures if you are unsure of what you are doing.

If I have to gamble my I would try the VET or Siacoin, and keep busy trading in the 4 hour chart. This suggestion is just a gamble because I've tried this before with Doge and it worked well because a tiny increment of price is a big profit.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: MFahad on August 22, 2021, 02:40:15 PM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.

Using leverage is very risky specially when you have only 15000$ for trading and you can't afford to lose money. You can try spot trading but remember you need to be a professional trader in order to make money in day trading, else in most of the time you will be stuck in the coins.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Peanutswar on August 22, 2021, 02:49:56 PM
It is super possible it depends on how much money you will risk and it depends on the leverage you will set if you have a good catch up with an uptrend coin and you set with the higher leverage there's a chance that you will get the monthly quota you want but of course the higher the leverage the higher the risk it is most  It is better to have a stop loss and take profit again trader is the battle of the mental and emotional state if you already losing or taking profit to handle the risk don't get too much greedy or hopeful.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: suryana on August 22, 2021, 03:02:55 PM
nothing is impossible in crypto to score anything. Most importantly you are good at planning , managing finances and a good strategy . If you can do that, I don't think anything is impossible. Maybe we can't get 100 percent profit but we can score 10% many times.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Yamifoud on August 22, 2021, 03:11:01 PM
It was hard to measure how much we were able to make in a month due to the market volatility but if you are guided with your effective plan that seems to be achieving ($5k is quite small). And not just a plan could help but also the capital we invest in trading as I know and as I what to believe that huge capital gives you a bigger chance to make a big profit, may losing it is possible but if we talk about profit gain, that will consist advantage as we can spread more coins to trade.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: LimLims on August 22, 2021, 03:34:04 PM
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).


Nothing is impossible, everything is possible.
But yes you need to learn some experience.
If you have good experience and knowledge and 15k USD to trade then it’s possible to make 5k usd per month.
Yes it would be more easier, if you can follow paid calls or follow good free calls and choose right coin to invest.
Hope you make good income from this and hope my suggestions help you.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Laurayaki on August 22, 2021, 04:10:39 PM
As said before, it's possible with leverage with even less initial capital.
But, when you analyze the price of cryptos since the beginning, the less risky way is to buy and never short! Buy the bottom but don't try to short the (potential) top, moreover if you use leverage, it's the best way for losing all your capital ;)


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: mk4 on August 22, 2021, 04:34:56 PM
Using leverage is very risky specially when you have only 15000$ for trading and you can't afford to lose money. You can try spot trading but remember you need to be a professional trader in order to make money in day trading, else in most of the time you will be stuck in the coins.

Yep. If you use leverage willy-nilly then of course it's really really risky. But then again, maybe don't even trade at all if you can't afford to lose money in the first place. Trading is never guaranteed profit.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Ibrahim60 on August 22, 2021, 04:40:22 PM
If you have enough knowledge about day trading and market then this is not impossible to make $5000 in a month by $15,000. Enough knowledge means enough knowledge. Also you need to have knowledge about crypto currency market. You can choose a very good exchange for this. You can buy leverage token. But if you don't have enough knowledge about leverage token must be avoid it. By buying potential crypto you can make profit easily.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: layoutph on August 22, 2021, 04:52:51 PM
We are in the bull run and trading with 15,000usd is already a huge money. During bull run a 2x to 4x profit within a month is possible. But it is not possible with Bitcoin only, you need to find a high marketcap altcoin with huge volatility.

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).




Title: Re: Is it possible to make $5,000 a month day trading?
Post by: topbitcoin on August 22, 2021, 05:02:24 PM
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).


Time, capital, and nothing that disrupt you, maybe if you really good at it you can get more than it. Because with less capital, if the person really good at trading he can get what you aim. $5000 from $15000 means you want to get maybe 30% profit with it a lot of people will said that it is really possible. But if you really new in trading and don't have any skills in it, you can end with losses no matter how much your capital.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Silberman on August 22, 2021, 06:44:01 PM
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).


The fourth condition is what is really going to limit you and if you really try to make this a reality it is going to make you take unacceptable risks that will eventually make you lose money, in my opinion you need a minimum of 100k and if possible 200k to make it more realistic, now I know that a lot of people may think these numbers are too high but that is precisely the thing, when the market is going up making money will be easy and when it is not moving at all you will have a lot of problems making money, so the high capital is to act as an insurance policy that generates a lot of profits in the good months and it covers your losses you during the bad months.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Emitdama on August 22, 2021, 08:16:12 PM
The fourth condition is what is really going to limit you and if you really try to make this a reality it is going to make you take unacceptable risks that will eventually make you lose money, in my opinion you need a minimum of 100k and if possible 200k to make it more realistic, now I know that a lot of people may think these numbers are too high but that is precisely the thing, when the market is going up making money will be easy and when it is not moving at all you will have a lot of problems making money, so the high capital is to act as an insurance policy that generates a lot of profits in the good months and it covers your losses you during the bad months.
Honestly if one has to spend $200,000 to earn a bare minimum of $5000 each month, I would advise them to just hold for a year and almost guaranteed that you will at least double your money if not more. I am not saying it theoretically either, you can compare the data already available about price and surely it has more than doubled each year, with an exception of a few.

Crypto trading is all about quick profits and if you are taking too long to earn bits, then better just to hold the amount and wait for the bull run to cash in. There is no point in trading all day if you can't make money worth your efforts and time alone.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: dezoel on August 22, 2021, 08:17:21 PM
So basically you have $15k capital and aiming to earn $5k every month just by day trading.

I think it's completely possible but it mostly depends on the nature of the market right now. If the market is bullish, you can easily make that much money because as a day trader, you rely on the market to go bullish. If the market is bearish or neutral, it is really hard to do much of anything but to wait out.

Remember, day trading Bitcoins is a good idea but for altcoins, maybe not so much.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: ReiMomo on August 22, 2021, 08:24:56 PM
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).



Investing $15k on different crypto coins and looking for $5k every month on day trading, yes its possible. However, you can not expect it would happen every month as market may not be as we expect always. Yes, I understand that since this would be the source of your income after you invest all you hold, but yes you need to be open enough to understand the market and analyze the coins you are investing in. Then yes, you need to be much patient enough to hold your coins. Don't get into a manupulated market. 


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: jaberwock on August 22, 2021, 09:08:21 PM
If you have enough knowledge about day trading and market then this is not impossible to make $5000 in a month by $15,000. Enough knowledge means enough knowledge. Also you need to have knowledge about crypto currency market. You can choose a very good exchange for this. You can buy leverage token. But if you don't have enough knowledge about leverage token must be avoid it. By buying potential crypto you can make profit easily.
I think only futures day trading might be able to generate that kind of income with such a bankroll. I don't want to sound pessimistic but 33% ROI is quite something especially for new traders in crypto. At this rate, you are essentially doubling and more your money within 3 months which I don't think sounds like a realistic and doable profit.

Maybe a 10% profit each month is realistic and achievable. If you set your targets in trading too high, you might lose everything in frustration of not achieving it. If you set small goals, you will feel empowered after achieving them which actually helps you earn more.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: ethereumhunter on August 22, 2021, 10:37:51 PM
It is possible but that will depend on how good you do day trading because if you do not have good skills, you will not earn much money and will have a chance to lose that money. Day trading is not easy as you need to watch and analyze many coins, which can confuse you. But if you think you can earn the money you want, maybe you can try and see if you can do that or needs more learning about trading. Not many traders can earn much money from trading because many are greedy, chasing bigger profits.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Ziskinberg on August 22, 2021, 11:14:15 PM
It is possible but that will depend on how good you do day trading because if you do not have good skills, you will not earn much money and will have a chance to lose that money. Day trading is not easy as you need to watch and analyze many coins, which can confuse you. But if you think you can earn the money you want, maybe you can try and see if you can do that or needs more learning about trading. Not many traders can earn much money from trading because many are greedy, chasing bigger profits.
That is why it works, I mean, if you are good at trading $5k is just a small profit to get from $15k capital as stated by OP. But have also to consider with the market situation as we can't assure everything will do a favor with us and got lucky, it possible also to lose and not able to reach the target. It might also happen that you can just get a few bucks this month but it could recover in the next round.

I could say that it was hard to have a monthly target as this might pressure you which might be a reason to wrong decision-making. if that to happen, we surely ended up with nothing and lose all the capital we have.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Slow death on August 22, 2021, 11:40:17 PM
5) Trading all crypto (not just btc).

if you trade with altcoins then you will lose money easily, for day trade just use bitcoin

* 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).

It is possible even doing normal trading, but you will be forced to spend many hours on the computer looking at the charts and as I told you just use bitcoin on the pair BTC - USDT, that it will be possible to have this profit, you can try trading with small amounts to see the profits of each day with each fluctuation and then you will see that I am sure that with that value you can make the profit you want


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: harapan on August 22, 2021, 11:53:46 PM
Earning $5,000 per month is possible only when you know what you do, it's not just about having huge capital to start trading, if you are good at trading you can turn a $100 account into a few thousands of dollars, huge capital is still needed though in order to gain good amount of profits from trades, don't just focus on having a huge capital to start trading focus on being a consistent winner when trading you can start with $500,000 capital but without proper knowledge you will end up with losses.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Sweetbtc on August 23, 2021, 12:52:26 AM
Its possible witg 15000$. Not big goal.  I am getting 1000$ monthly by investing just 2600$. Try to trade low cap coins and buy on dip. You can maximize your earnings.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: layoutph on August 23, 2021, 12:53:03 AM
$5k a month from an initial $500usd is easy for very experienced traders especially when the market is bullish. They will simply put leverage from the base money and let the bullish market go up and make a profit. But let me warn you, margin trading and futures can also make your 5k liquidated.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: ethereumhunter on August 23, 2021, 01:27:47 AM
It is possible but that will depend on how good you do day trading because if you do not have good skills, you will not earn much money and will have a chance to lose that money. Day trading is not easy as you need to watch and analyze many coins, which can confuse you. But if you think you can earn the money you want, maybe you can try and see if you can do that or needs more learning about trading. Not many traders can earn much money from trading because many are greedy, chasing bigger profits.
That is why it works, I mean, if you are good at trading $5k is just a small profit to get from $15k capital as stated by OP. But have also to consider with the market situation as we can't assure everything will do a favor with us and got lucky, it possible also to lose and not able to reach the target. It might also happen that you can just get a few bucks this month but it could recover in the next round.

I could say that it was hard to have a monthly target as this might pressure you which might be a reason to wrong decision-making. if that to happen, we surely ended up with nothing and lose all the capital we have.
I am sure with good trading skills, he can handle every situation that happens in the market and he can analyze to find the coin to trade. But yes, we can not deny that sometimes we can get lost but with our skills, we can recover the loss and make another profit.

To achieve that in a month, he really need to hard work by analyzing every potential coin at the market and trying to make every profit he can while the market moves still good enough to make a profit. But it needs consistency to analyze every day and that is not easy to stay focus to find the coin.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: awik p on August 23, 2021, 02:15:48 AM
I think it's very possible to earn $5k within a month. because when the market is bullish then the opportunity is very open and you can even get a bigger profit than you targeted, but to be able to regularly earn that much profit every month, I think it takes good experience, and of course it's still possible, because your target is 30% in a month


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Wexnident on August 23, 2021, 02:27:26 AM
Definitely possible, the only issue with the amount of money you can earn from trading is how good you are with trading. I'd reckon trading in Bitcoin/ETH or any other top altcoin when the market is at a steady move would make earning a bit longer, but if we were in a pump, then it would be much easier, not saying that it's the only method you can use though, there's also leveraging after all. Other methods include investing in some small coins that you expect to make a big move or have a big pump in the next upcoming weeks, though as I said, the only issue here is how good you are with identifying them.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: gabbie2010 on August 23, 2021, 02:37:08 AM
Earning a profit of $5000 with a trading capital of $15000  with crypto pairs that are highly volatile is very feasible based on having all the necessary trading skills and knowledge, you must also have a working trading strategy NOTE no perfect one, it's only money management that will ensure making a profit and you must be well disciplined, you may not necessarily trade with a high leverage,  just adopt cross margin trading where you auto borrow your capital to 3X for trading. these will minimize the risk of trading with a high leverage,
Trading with cross margin and making profits thrice in week will amount to more than $5K monthly, above all it is based on your level of skills and experience in order to earn your targeted monthly profits.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: adaseb on August 23, 2021, 03:49:39 AM
Your starting capital doesn't really matter that much. Most think it does and maybe the capital is more geared towards living expenses and food while you trade. However whether you start with $1000 in your balance or $10000, most likely your outcome will still be the same. If you don't know what you are doing you are going to lose that $1000 or $10000.

Plus these days most future platforms allow up to 100x leverage. So you can easily use 10x leverage with your $1000 and trade up to $10000 in sizes, the leverage is big but not that big where a 1 minute candle can liquidate you.

However you will see that its VERY difficult to stay profitable in this business. My advice start with $100 and if you manage to turn it into $1000 then perhaps trading might be for you. If not then start with another $100 and see if it works the second time. Trading is not easy as it seems.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Xinarae* on August 23, 2021, 04:04:34 AM
With a good knowledge of trading it is possible to trade for 5,000 a month by day trading. The market for trading is a place of perseverance discipline and consistent effort people who come to trade overnight for a change of fortune probably fail big time many trades fail intraday trading due to lack of proper trading strategy and not following the strategies. If you are really enthusiastic and don't just sit down as a hobby and start planning to trade by accumulating real knowledge and have a plan to stay in the market for a long time then you can easily make a profit.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: 24Kt on August 23, 2021, 05:53:34 AM
Your starting capital doesn't really matter that much. Most think it does and maybe the capital is more geared towards living expenses and food while you trade. However whether you start with $1000 in your balance or $10000, most likely your outcome will still be the same. If you don't know what you are doing you are going to lose that $1000 or $10000.

Plus these days most future platforms allow up to 100x leverage. So you can easily use 10x leverage with your $1000 and trade up to $10000 in sizes, the leverage is big but not that big where a 1 minute candle can liquidate you.

However you will see that its VERY difficult to stay profitable in this business. My advice start with $100 and if you manage to turn it into $1000 then perhaps trading might be for you. If not then start with another $100 and see if it works the second time. Trading is not easy as it seems.

This is a very sound piece of advice. If you can't make a smaller amount into something significant of value, then, you still need to gain experience how to work with small funds first. Because going to bigger funds at the beginning of you trading will incur you big losses as well. What the OP was asking is very possible. Actually, his initial capital is already big. But that depends on his trading skills if he can turn that initial capital with high profits.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: TheUltraElite on August 23, 2021, 05:54:23 AM
2) Daytrading full time.
Provided you have prior experience in stock market day trading and you understand the risks, you will first have to develop your own bot to run 24x7 because you will not be able to stay awake.

Quote
3) No other means of income (can't sell my service).
A bit on the illogical side, because a side earning is always a good backhaul.

Quote
*4) Starting with $15,000.
You can start with any capital you want. Following this you would have to add in more capital from time to time because the average return from trading will not be enough to fund the capital much.

Quote
5) Trading all crypto (not just btc).
If you are day trading you will be dealing mostly in shitcoins so that goes without saying.

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).
This is the wrong mentality again. The minimum amount does not determine what you will profit. What and when are the questions that answer this questions.

It is defenitely possible to make a lot and lose a lot by trading. My suggestion is always BTC for the long term but if you have found something more useful by all means go for it and do let us know after a few months because I have seen a lot of traders just ghosting after starting day trading.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Pamadar on August 23, 2021, 06:11:56 AM
With a good knowledge of trading it is possible to trade for 5,000 a month by day trading. The market for trading is a place of perseverance discipline and consistent effort people who come to trade overnight for a change of fortune probably fail big time many trades fail intraday trading due to lack of proper trading strategy and not following the strategies. If you are really enthusiastic and don't just sit down as a hobby and start planning to trade by accumulating real knowledge and have a plan to stay in the market for a long time then you can easily make a profit.
Very possible if you focus and take time gaining knowledge first before taking your steps into this business.

Many of those who failed are the people who think that this venue is easy and they can just do it without studying. Day trading is more risky a natural trading, as volatility will harm your trading position if you don't understand how the market works. Keep in mind that quick change from the market will affect every position that you have in your daily trade.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: jossiel on August 23, 2021, 09:39:54 AM
This is a very sound piece of advice. If you can't make a smaller amount into something significant of value, then, you still need to gain experience how to work with small funds first. Because going to bigger funds at the beginning of you trading will incur you big losses as well. What the OP was asking is very possible. Actually, his initial capital is already big. But that depends on his trading skills if he can turn that initial capital with high profits.
It is true.

That you don't have to go wholly with larger amounts if you can't do with the little you have. But if someone who's willing to put and start with a high amount.

You only need to make sure one thing, that you can afford that to lose.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Pasa32 on August 23, 2021, 10:00:21 AM
I think you must follow the steps then only you can earn it as east as you want, but first of all you have to give much time of your day to trading and next one is that you should analyze the coins, getting news about them on internet, going and searching in their twitter id's etc , will give you more information and i hope you will earn more than $5,000 in a month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: lienfaye on August 23, 2021, 10:34:01 AM
Its possible but expect that it wont be easy. It takes knowledge, skills plan and strategy in order to achieve your target profit in a month.

Some experience trader were able to profit huge even with a small capital because they are knowledgeable on what they do, so the success will depend on you alone.

Currently the market is turning bullish, a chance to take advantage but careful on what coins you're going to trade especially on altcoins because its quite risky compared to bitcoin.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: tvplus006 on August 23, 2021, 10:59:05 AM
The balance of $15,000 can give you more than you are estimating for the month. The profit of $5,000 is easy to achieve even before the month ends and how it can be easier is to trade in highly volatile coins like bitcoin. Bitcoin was around $29,000 the past one month and now above $49,000. The calculation of the difference of $49,000 - $29,000 is $20,000 , this is really big as you can see for a month.

The above analysis is if you just bought and hodl, you would have made like $20,000 without trading at all, just with your investment resting on your wallet or exchange. Therefore, if you do trading and you understand how to enter in the right time and exit time too you can keep smiling all the time with profit above $5,000.

The issue is to do the right kind of trade decision. Hodling and trading at the right time is a good way to good profit.

If you compare it with other coins, then bitcoin is not as volatile as other coins) I will give a better example: if OP had bought Solana a month ago, he would have increased his deposit by 4 times. I will note that the price of BTC has increased by 80% during the same time. But such a profit is obtained only on paper, because it is actually very difficult to buy a coin at a low price and sell it high.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: TheListener on August 23, 2021, 11:42:19 AM
Yes it's possible but is this not easy to make 5000$ in month because it's depend on knowledge skills how much you have knowledge about trading and you have a good invest to earn a big amount .


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Desmong on August 23, 2021, 12:08:00 PM
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).


It is very possible to use $15k to trade and make $5k each month because the capital is high inducing more profits to be earned. Please if you would like to save yourself from the trauma of making profits and in a short time losing the money back to the market again, I would advice you to trade the spot market which the possibility of making losing is rear and without leverage.

Please don't ever use leverage to trade if you know that you don't know how to leverage trade. A lot had leverage in trading and ended up losing all there funds because of the rate in which they leveraged. Spot market is just buying and selling of coins I the market and it has no leverage. What you have is what you will buy and sell which is the best form of trading if you are avoiding irrational loses.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Obito on August 23, 2021, 12:22:11 PM
I don't think that anyone could do that,, unless they have a considerable amount of money to daytrade and they are most likely to profit from their trades rather than lose then probably there's a possibility that a 5k USD a month in daytrading could be made.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Hendra gunawan on August 23, 2021, 12:59:34 PM
Trading can't be profitable every day. So maybe this month can profit $ 5k or more but next month not necessarily profit. So the answer is difficult, especially since the crypto market is very unstable. When the market is in a downtrend, it is very difficult for us to make a profit.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Jilapikhamu on August 23, 2021, 01:54:28 PM
If you have knowledge what you doing then you can earn more than this.  If you Don't know what you doing than You lose all your money


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: el kaka22 on August 23, 2021, 04:46:48 PM
It is not about $5k, it is about sustainability and that is the big problem. You could make 100k with 15k in a month if it is a bull run month and you are lucky, but it is possible to lose 50%+ of all your capital as well if you are unlucky and in a bad month. In the same month that everything went up 2x, it was easy to make that kind of money, in the month that everything went down 50% it was impossible for anyone to make money, this is just the last 6 months we are talking about, so it is recent memory.

So yes, it is quite possible to make 5k out of 15k in a month, quite easy, incredibly easy, for the months that you are lucky and there is a bull run going on, but you can have maybe few months a year for that, but there will be few months when it is bear run and not only you will not make money but you will end up losing money as well. Which is why it is all about sustainability and how it is impossible to keep doing that every month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: isaac_clarke22 on August 23, 2021, 07:32:54 PM
~
As what el_kaka22 mentioned above, it's all about how can you sustain.
15k is quite a lot to be honest. Considering that you don't have other means of income makes your decision to trade risky. Think of the what ifs, because losing that amount based on your condition is gonna be a nightmare. Trading, as what mk4 mentioned, isn't guaranteed profit. Take it from my experience as well when I day trade with just a small amount and I thought I was doing good with all these damn indicators, but it went all loss as the market condition itself is just not the "perfect time" for me to day trade.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: kram31 on August 23, 2021, 07:54:59 PM
Yes! it is absolutely possible especially if you are full of knowledge here in crypto trading concept dude.
And my only advise to you only is that you must have a goal target daily in your routine life here in crypto
space, then you must also know what coin your gonna trade in the market too and you should know how
to risk your assets here, good luck.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: nelson4lov on August 23, 2021, 08:01:10 PM
Yes it's possible but is this not easy to make 5000$ in month because it's depend on knowledge skills how much you have knowledge about trading and you have a good invest to earn a big amount .

Hitting $5000 every month takes a lot of grit and determination not just the knowledge level and capital even if they're good factors that plays a key role but everything has to be in place to hit such target on a monthly basis. Aside from this, there needs to be a trading plan focused on the target and should be followed religiously and consistently ~ no exceptions.

But it would be wrong for a beginning trader to put up high targets like that. Best to start with a smaller, realistic target and move on from there.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: crzy on August 23, 2021, 08:07:25 PM
It’s possible but your profit in trading will depend on how much is your knowledge about trading, though you have a good capital to start with profit is still unpredictable. You might be able to hit that target but its too hard to tell that you will have the same result every month. We’re talking day trading here with that huge capital, I hope you know what to do because that money can easily be loss if you don’t know much about trading, this is risky but still profitable with your strategies and analysis.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: tygeade on August 23, 2021, 08:12:47 PM
Its possible but expect that it wont be easy. It takes knowledge, skills plan and strategy in order to achieve your target profit in a month.
And it needs a hell of lot of luck to make 5k bucks with a modest capital of 15k to start with. If I was in his shoes, I would have not set any targets and start trading because setting targets either make you greedy if you achieve them or weak if you fail to achieve them.

Some experience trader were able to profit huge even with a small capital because they are knowledgeable on what they do, so the success will depend on you alone.
Those are analysts who can fundamentally analyze a project and determine whether it's worth investing or not.

Currently the market is turning bullish, a chance to take advantage but careful on what coins you're going to trade especially on altcoins because its quite risky compared to bitcoin.
During a bull run, it's simply best to put money into bitcoins because no altcoins can match the same growth during the bull run. When not much is happening in the market, go for altcoins with potential.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Sihab76 on August 23, 2021, 11:50:29 PM
It is not at all possible to earn $5000 a month because if you use a cryptic signal it is possible to earn five thousand dollars in a week. Otherwise if you enter in future trading then if any specific signal can give you opportunities then you can earn money$5000 within a single day.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Oceat on August 23, 2021, 11:59:18 PM
It is not at all possible to earn $5000 a month because if you use a cryptic signal it is possible to earn five thousand dollars in a week. Otherwise if you enter in future trading then if any specific signal can give you opportunities then you can earn money$5000 within a single day.
Are you talking about the pump signal of a group? I don't think they will be profitable in the long run because we all know that the first one to know it were the ones that get the profit first and the rest is almost nothing. It's better to do some TA in that way you could predict the future price although I can't say it's profitable enough to meet the $5000 a month but if someone manage to make a profit for their small capital then it's already an achievement.

Just know that not everyone could make the X profit with their X capital it all depends on what level are their knowledge and experience about trading. But as long as they could make a profit that's enough as an experience.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: ophyrim on August 24, 2021, 09:22:44 AM
Yea of course it is possible there are tons of people who earn their living with trade. But trade is not easy. 95-98 % of the traders are losing money. Trade is a serious business. You have to work very hard. And of course, education is very important.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: conected on August 24, 2021, 01:57:08 PM
Yes! it is absolutely possible especially if you are full of knowledge here in crypto trading concept dude.
And my only advise to you only is that you must have a goal target daily in your routine life here in crypto
space, then you must also know what coin your gonna trade in the market too and you should know how
to risk your assets here, good luck.
- Daily goals are goals where you can use your efforts to determine the results, very few factors can be detrimental unless you become lazy and do not accept the goal but daily goals are not a good habit for trading, especially with day trading because there are so many factors that can make you passive. More precisely, your one effort cannot replace the perspective of the market, set daily goals with it, you are just exhausting your labor, the candles here are very unusual, knowledge can only be used for the long term


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Questat on August 24, 2021, 02:20:34 PM

* 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).


No doubt and that was enough to make a good market spread. Having the advantage of that huge amount will certainly give you a bigger chance to reach your target but just be sure that you are fully prepared, have knowledge, strategies, trading plan, and you were able to make market analyzes otherwise this $15k capital might be out of your hands and lose them all.

Unless if you are good already in trading, then surely you can make $5k a month or even to double it. Just like what I said, it totally depends on how you manage your trade.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: bamb on August 24, 2021, 03:34:22 PM
There nothing impossible,  however,  trading Cryptocurrency is not a structure for daily or monthly earnings,  To earn a living,  you must get a job, start a business or provide service that guarantees daily,  weekly or monthly income!  The volatility of Cryptocurrency market is not a good condition for stable income!


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: DarkDays on August 24, 2021, 04:39:34 PM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

I think the question here is not about what the correct amount is to start with in order to be able to get 5K a month from trading but more like what analysis and trading techniques you employ, as well as which markets you follow.

Generally, when markets are green in the right market you can make 5k in a day or a week not a month, but that depends on having access to early info or else understand the market to know where to position yourself.

Even in a bear market with the right skills you can still get your monthly salary from trading. There are options like leverage and features trading one can use so it is not so much a question of the starting amount but more about skills and markets, if that makes sense.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: SquallLeonhart on August 25, 2021, 09:34:58 AM
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).
The thing is, you could always find other ways to make 5k+ per month on bitcoin, you do not have to do trading. Which means that there is a specific "need" for trading to be the main reason, which I do not quite frankly understand. Think about it, if you are a regular normal person, why would you want to spend hours upon hours trading everyday to make this kind of money when you could find other ways?

For example, buy ethereum with as much money as you possibly can and stake that? Or do that with UNI or Cake and eventually you will realize that there is still a risk involved, but you are also growing your money as well while making a profit. None of this can be done with 15k, that's way too little, but if you have something like 250k, then you could literally live your life with crypto.

I have a friend with 1.5 million dollars and he invested that into many different crypto currencies and tokens, and he hasn't worked a day in the last 2 years, plus he grew his money to even higher highs while still spending it.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Taskford on August 25, 2021, 10:14:20 AM
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).



Making 5,000 USD from 15,000 USD is very ambitious, this meas making 33% profit per months, or 400% per year. This not realistic in my opinion. As a good trader we might be able to pull it off in a good month, but making such kind of profits consistently is very hard. I think we should be more realistic. If you really want to make 5,000 USD per month you need more starting money. Aiming for 5-10% profit per month would mean you need at least 50 - 100k starting capital.

Its ambitious target for a people who only have thousands dollars in their pockets since reaching that figures is totally a hard road to take, Maybe for huge whale who can spend millions of dollars in trading then its possible for them to reach that amount but low cap gamblers should not lose hope regarding on profit earnings since we can still earn decent money our trades and the thing we need to do is settle each trades then learn how to exit or shall we say take our profits since this could help us not to become a loser on our trades.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: xwshamim on August 25, 2021, 04:34:34 PM
If you have good amount of investment  then why not.  You can earn more than that by only playing with btc and eth to keep your investment same. As you know both of them are the kings. They will pump even if any other coin Doesn't


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Silberman on August 25, 2021, 07:04:37 PM
The fourth condition is what is really going to limit you and if you really try to make this a reality it is going to make you take unacceptable risks that will eventually make you lose money, in my opinion you need a minimum of 100k and if possible 200k to make it more realistic, now I know that a lot of people may think these numbers are too high but that is precisely the thing, when the market is going up making money will be easy and when it is not moving at all you will have a lot of problems making money, so the high capital is to act as an insurance policy that generates a lot of profits in the good months and it covers your losses you during the bad months.
Honestly if one has to spend $200,000 to earn a bare minimum of $5000 each month, I would advise them to just hold for a year and almost guaranteed that you will at least double your money if not more. I am not saying it theoretically either, you can compare the data already available about price and surely it has more than doubled each year, with an exception of a few.

Crypto trading is all about quick profits and if you are taking too long to earn bits, then better just to hold the amount and wait for the bull run to cash in. There is no point in trading all day if you can't make money worth your efforts and time alone.
I probably gave numbers that were higher than what was needed but I still think my idea is correct as the OP wanted to generate monthly profits of 5k with just 15k, that is 33% in profit every single month and while that can happen once in a while it is not something that can be sustainable, this is why I recommended such a high figure, however this is just a theoretical discussion as it is unlikely that someone that wants to trade with 15k the markets has 100k or 200k on their bank account.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Fatunad on August 25, 2021, 09:59:24 PM

* 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 we do talk about $15k capital and tending to make 5k a month then i could say that its very attainable but would really be depending on how you would really able to handle yourself in active trading.
This is something that where most people do fail on because dealing with volatile market on active manner isnt simply as it sounds.Yes, it is really giving that chance on higher profits but the risk
is more higher compared when you do make swing or long term trades.So the answer of this question is really be depending on someones capability towards trading
which most people do really differs on.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Hippocrypto on August 25, 2021, 11:57:46 PM
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).



This is the hardest part, we can't do an accurate math here  because generating a profit in trading doesn't have an accurate value. As the unpredictable market took many times to fluctuate, our gains also suffered a lot.
Maybe for those traders with huge buffer capital they'll going to earn that amount of $5k a month but for those who just trade with little capital that can't afford to lose, I guess $100 is fine.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Sweetbtc on August 26, 2021, 01:18:26 AM
Recently i tried to maximize my earning. I started with 1$ and usually i invested on these coins which some big news come like mainnet launch,Nft  market place launch,Game launch etc. Now my portfolio is more than 3000$.
I believe if you trade these 5000$ with best strategy you can easy make 15000$ per month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Marvell1 on August 26, 2021, 03:10:34 AM
5000$ is about 30% of 15000$ of initial capital. This is entirely possible but it depends on you. In addition to knowledge and skills, you need a good management plan and strategy. Opposite, If you don't have the knowledge and strategy of your capital management, but using that money to make trades from team signals, it's very risky, can make you lose everything.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: imstillthebest on August 26, 2021, 03:17:03 AM
i think it was possible if you get lucky that the coins you trade perform well .
yeah i know trading isnt only based mostly in luck but there is the volatility of cryptos that we cant totally control . you may still earn though but you cant expect to hit your target all the time but to make your target more possible , you can run multiple income streams .
 do investing too or other profitable business using the starting capital that supposed to be allocated only for trading because that seems a lot .


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: celot on August 26, 2021, 03:41:06 AM
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).


Nothing is impossible my friend in the crypto world. It's just that the profits are definitely in line with the initial investment capital. Because in trading we are not lucky every day. Sometimes suffer losses. And it has become a twist of risk that must be accepted by all traders.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: bandungan on August 26, 2021, 04:52:37 AM
any amount can be obtained but it can only be done by professionals with large capital, skills and knowledge. profit $ 5000 in my opinion is very large especially you target within 1 month. it's very fast means you have to get at least 50%-70% profit every day. try to do it and if it works you can share it here for learning together


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Mkmanik on August 26, 2021, 01:12:10 PM
Yeah, It's possible. You can also earn more, and you also can be REKT. Trading is not for all. There is a huge risk, If you are good in Technical analysis, Risk management, control of your emotion it's good for trade. Before doing trade you need to learn that things. In trade 90%+ people lost their money, Only 10% can able to gain profit form trade. You need to follow risk management highly, Without it, you can't able to survive trading. In the crypto trade surviving is the main fact, Because most people can't be able to survive here. 

I suggest you do a Demo trade first. If you feel that you are good at trading, then go for real trade. Also at real trade don't go for Leverage trade firstly, It would kill your fund. First, try to do a long-term trade with a spot account. If you are good in TA, you can also earn huge money from spot trade. There are a lot of coins that regularly pump and dump 50% or more. So there is no alternative of learning, Only proper skill can help you here.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Pasa32 on August 26, 2021, 05:34:24 PM
I don't even thing the criteria you provided for your worth of earning $5,000 would be difficult as much because , the more you invested in day trading the more you will get the profit, even the same situation will be applicable in long term coins too, but here i preferred for the amount you decided that day trading would be best.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: dezoel on August 27, 2021, 12:46:19 PM
I don't even thing the criteria you provided for your worth of earning $5,000 would be difficult as much because , the more you invested in day trading the more you will get the profit, even the same situation will be applicable in long term coins too, but here i preferred for the amount you decided that day trading would be best.
Surely it's not easy to make $5k every month with just $15k investment. Not impossible but surely not easy either because the price does not always go up and daytrading is most profitable when market is bullish.

My small advice to OP would be, start trading and see how much you can make and don't be too upset if the profits are small because crypto trading is not a get rich quick kind of scheme. Crypto trading is just a more dynamic and volatile version of the stocks market so trade carefully and don't aim for too much profit from the first month itself.

I would even say that burn the first month just for learning and gain experience about daytrading.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Dread Pirate Roberts on August 27, 2021, 01:27:11 PM
With the following criteria...
*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).



from the criteria you provide and the reality in the market that is currently happening, it is very possible. what else you are ok in altcoin too. the obstacle is that we know there must be a greater risk in altcoins, now it's just a matter of how you determine your trading style and how to analyze the market you do.
This is the challenge and has always faces for many trader . even for people with high experience in trading or reading chart are also still facing this.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: zanezane on August 27, 2021, 03:04:32 PM
Depends, if you mean that early in your career then it's impossible but if you're really good at trading and you have a sizable capital then probably a 5k monthly is a possibility, you might even be able to surpass that number if you're really good in a sense of the word.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: zahed on August 27, 2021, 06:41:20 PM
This market with 15,000$ is big capital and so much possible to earn 5,000$ in a month. But it is mostly depend on trader experiences.
I see someone who guy was made $7000 amount in 18 (eighteen) days. So it is possible for professional traders.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Yatsan on August 31, 2021, 08:54:16 PM
With a starting capital of $15,000 surely you can make $5,000 profit through day trading in a month and you can earn more than that depending on your capacity and skills you have in trading. The amount you can earn depends duly on your own self because if you are bad at it, then the possibility could turn things the other way around. So be mindful before engaging on such, you must be knowledgeable enough on managing your assets and funds to somehow assure your earnings by the end of the month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Ryker1 on August 31, 2021, 09:25:03 PM
With a starting capital of $15,000 surely you can make $5,000 profit through day trading in a month and you can earn more than that depending on your capacity and skills you have in trading. The amount you can earn depends duly on your own self because if you are bad at it, then the possibility could turn things the other way around. So be mindful before engaging on such, you must be knowledgeable enough on managing your assets and funds to somehow assure your earnings by the end of the month.
Well, I think it still needs knowledge and skills and this possible profit that you would be an earning will matter on this way. Perhaps it really depends on your skills, the large amount of capital is useless if you don't have an idea on how to start trading. Trading is a very risky and crucial activity that is possible in just a matter of a day, your large capital will easily wipe out in your wrong move in trading. So therefore, there is no guarantee that there is a good return in trading if you dont have skills.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: milewilda on August 31, 2021, 11:35:05 PM
any amount can be obtained but it can only be done by professionals with large capital, skills and knowledge. profit $ 5000 in my opinion is very large especially you target within 1 month. it's very fast means you have to get at least 50%-70% profit every day. try to do it and if it works you can share it here for learning together
but op uses $15k in capital, so I think a profit of $5k in 1 month is very possible, because it means a month profit of 30% of capital. especially in a bull market, it will be easier to make a profit, it doesn't even take 1 month to reach the target. Of course, to achieve all of that requires good knowledge in trading on the crypto market
30% is something attainable on this market if you do just know on playing with the volatility even not just depending on price swings or increase then you could really still able to reach out that target on just simply trying to get 3-5% gain on a single day but this would only fit out to those short traders or active ones but it isnt bad if you do go for swings because not all would really be that enough skillful to deal with volatility on active manner.
Profitability will really be varying on your capability and this is where people do differ to each other and this simply means that you wont know if it does work unless you do try.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: diazepam666 on September 01, 2021, 02:53:38 AM
With a starting capital of $15,000 surely you can make $5,000 profit through day trading in a month and you can earn more than that depending on your capacity and skills you have in trading. The amount you can earn depends duly on your own self because if you are bad at it, then the possibility could turn things the other way around. So be mindful before engaging on such, you must be knowledgeable enough on managing your assets and funds to somehow assure your earnings by the end of the month.

Hey bro you suggest some coins based on your skills, if you consider me in trading around an year I was out of cryptos very slight active on all cryptos stuffs. If you share best coins list based on your analysis. It would be helpful...
Share some forecast also like Elon. Haha


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: faithupgrade on September 01, 2021, 07:39:40 AM
Yes, it is possible to get that 33% ($5k) , 33% is a little bit risky but must do it carefully and precisely or else you might lose money. If you want fast money then trade with futures. If you less risk, then trade it on spot.
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).




Title: Re: Is it possible to make $5,000 a month day trading?
Post by: MiF on September 01, 2021, 09:19:32 AM
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).


It always depend on how you do trading to get that profit. 15k$ is big amount of capital so there is a great possibility that you can earn 5000$ net a month, the bigger the capital the bigger the profit, but you still have to minimize the capital and always used the amount that will not affect you're concentration if ever you loss on it.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: tvplus006 on September 01, 2021, 11:55:53 AM
Yes, it is possible to get that 33% ($5k) , 33% is a little bit risky but must do it carefully and precisely or else you might lose money. If you want fast money then trade with futures. If you less risk, then trade it on spot.

You can also get a larger profit, which will be calculated in hundreds of percent per month. But in this case, everything will depend on the correctness of your investment and a little more on luck. If we pay attention to the market, then we will see that Solana has shown growth over the past month by 6 times. And if OP invested all his funds in SOL, then in a month his 15 thousand dollars would turn into 90 thousand.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: so98nn on September 01, 2021, 12:53:12 PM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.

Yes, the knowledge and extensive training in trading can do big miracles. The trading market is big pond with so much money in it that it can fill up your pockets like forever! It can literally feed everyone who is able to take from the market with strategies.

As mk4 stated, even 100 bucks is enough to make such high profits but you need to follow above statement and apply it to your trading methods. The market is very very risky but as they say with the risks comes huge margins! So hope to see your next post where you are telling us your success story.  :)


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: sarmrakib on September 01, 2021, 02:19:24 PM
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).


I think you have enough fund for trading .I am not sure that how much you can earn it can be 5000$ or more but you have to be a good trader first .I have seen a lots of professional trader who are earning more without having a huge amount of capital like you have .I think you will not need such a huge fund if you are become a expert trader .I think you need to know the market behave and need to learn the pattern as well how its act to the market and put less money on initially .That will helps you to have a good idea on it and gradually you will be a good trader and can earn your expected amount .


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Kelvinid on September 01, 2021, 02:33:05 PM
*huge capital
*longer time spend in trading
*knowledge and skill

These all things were it helps to make it possible.
I think that OP had already and it was totally dependent on him of what he gonna do with that amount. If he is too careless, instead of achieving his goal to get $5000 per month, might he lose it all? Many traders had been into that situation and OP must have to focus on the plan otherwise, he can be one of those you feel disappointed.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: kapalmabur on September 01, 2021, 05:58:01 PM
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).


It always depend on how you do trading to get that profit. 15k$ is big amount of capital so there is a great possibility that you can earn 5000$ net a month, the bigger the capital the bigger the profit, but you still have to minimize the capital and always used the amount that will not affect you're concentration if ever you loss on it.
Not always by having a large capital then the profits we get will be even greater,
it all depends on them and if they trade well it is not impossible the profit will come,
apart from that all that must be remembered is that the risk will continue to exist and the more capital we use, we must be really careful in trading


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: fullhdpixel on September 01, 2021, 07:19:50 PM
the knowledge and extensive training in trading can do big miracles. The trading market is big pond with so much money in it that it can fill up your pockets like forever! It can literally feed everyone who is able to take from the market with strategies.

As mk4 stated, even 100 bucks is enough to make such high profits but you need to follow above statement and apply it to your trading methods. The market is very very risky but as they say with the risks comes huge margins! So hope to see your next post where you are telling us your success story.  :)
I do not think that there are too many people who can turn 100 dollars into 5000 dollars too many times in a row, you can do it maybe once or twice but I do not think that there is any person in the world who can do that for a year for example, even during the bull run because eventually a drop will hit you and you will lose it all.

The point here is that dude has 15k and making 5k each month with that means that there is a very low room available to actually increase your portfolio, and the secret lies within that. Could you make 5k? Yes, there is a chance you can but then you take that out and you are left with 15k once again and trying with that again.

Instead of that, if you could end up putting that back in and have 20k and repeat that constantly, then you could have 100k+ in a year, and that's going to be a lot easier to have 5k per month income from it if you could grind it for just one year and actually succeed, rest is easy.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Shenzou on September 01, 2021, 10:41:05 PM
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).


That is a really specific, the thing with trading is it all depends on your way of trading and how good are you, if you have past experience and you were able to make some profit you probably wouldn't ask this question, but since you are still a beginner and you want to get into day trading that you should just focus on learning and trying strategies and making most of your time collecting as much info as you can before going in and using you money, and you should also set low expectations and start of by hitting smaller goals and smaller profit points.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: TelolettOm on September 01, 2021, 11:27:58 PM
What trader do you refer to? If it is for a professional trade, it is very possible to earn $5k in a month. But it should require a capital of about $1k. And I think there is no guarantee it can get $5k every month because sometimes crypto market isn't in good condition for trading. When it is in a downtrend, I bet the professional trader also gets difficulties to take profits. Because most crypto coin tends to drop their prices.



Title: Re: Is it possible to make $5,000 a month day trading?
Post by: LUCKMCFLY on September 03, 2021, 05:14:23 AM
This market with 15,000$ is big capital and so much possible to earn 5,000$ in a month. But it is mostly depend on trader experiences.
I see someone who guy was made $7000 amount in 18 (eighteen) days. So it is possible for professional traders.

Wow, that is a great figure, it would be necessary to study what type of strategies he uses, the truth is that I would make that profit depending on how much is his capital, usually I always seek to do at least or supplement with 6% quarterly, I would focus on obtaining that firstly, then that 6% may be easily achieved and the rest can be devoted only to pure profit, I believe that everything has to do with the goals that are imposed and with the appropriate strategy.

I think discipline is what lies there and I have also realized that long-term trading is the most profitable one, what do you think?


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: taufik123 on September 03, 2021, 06:47:25 PM
With enough capital, $15k will make a lot of profit too if traded correctly. $5000 in one month will not be impossible. But it should be noted, trading must carry out management, must be disciplined and use the correct and predetermined strategy.
Scalping may be the fastest method to make a profit. Day trading must also be supported by good knowledge of candle reading.
Do not try to trade just because you have a lot of capital, but do not have sufficient knowledge to trade. it will just waste your money.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: otundebis on September 03, 2021, 07:46:21 PM
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).


Trading Cryptocurrency required 100% concentration. I'll bet you will lose your concentration if there are pressing needs like food and groceries and bills to paid. In other words,  the criteria you listed will not let you concentrate to even make profit. I think you need to get a job for a guarantee income or start a business while you develop your trading skills and apply it in your daily trading!


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: boyptc on September 03, 2021, 08:15:36 PM
Trading Cryptocurrency required 100% concentration. I'll bet you will lose your concentration if there are pressing needs like food and groceries and bills to paid. In other words,  the criteria you listed will not let you concentrate to even make profit.
People can look at it as motivation but I do agree with you. It's the pressure that you'll have to take for each trade if you're going to have that span within a month with that amount.

I think you need to get a job for a guarantee income or start a business while you develop your trading skills and apply it in your daily trading!
This isn't a bad idea, you continue your job until you finally can make a decent living through trading as you become experienced.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Botnake on September 03, 2021, 08:54:38 PM
With your capital of $15000, you are making at least 33% return every month, I think that's unrealistic, you can never be consistent in making profit in a monthly basis, because if you do, then there should be no problem increasing it as you can easily increase your capital with the profit you will accumulate overtime.

The question is, "is it possible?" yes, but unlikely.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Zilon on September 03, 2021, 09:09:14 PM
With $15,000 it's very possible with an accurate strategy. With that account size trading on a standard lot size wouldn't look greedy since the account is fit for it but always apply risk management because the waves of the trend can change direction no matter your system of analysis


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Vaculin on September 03, 2021, 09:24:44 PM
With $15,000 it's very possible with an accurate strategy. With that account size trading on a standard lot size wouldn't look greedy since the account is fit for it but always apply risk management because the waves of the trend can change direction no matter your system of analysis
And we are not sure if OP's strategy will work for him and therefore, he would be able to reach the target. I'm doubted that it works all the time but if we are already in trading for many years, $5,000 is quite easy for us. So basically, what could affect the results of our trading had come from the strategies and capital we have. The bigger capital has a higher chance to make a profit as well but we should have to work it hard as we know how volatile the market is.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Fatunad on September 03, 2021, 09:36:21 PM
With $15,000 it's very possible with an accurate strategy. With that account size trading on a standard lot size wouldn't look greedy since the account is fit for it but always apply risk management because the waves of the trend can change direction no matter your system of analysis
And we are not sure if OP's strategy will work for him and therefore, he would be able to reach the target. I'm doubted that it works all the time but if we are already in trading for many years, $5,000 is quite easy for us. So basically, what could affect the results of our trading had come from the strategies and capital we have. The bigger capital has a higher chance to make a profit as well but we should have to work it hard as we know how volatile the market is.
This is very true because even if we do give out some strategies or advices it will still always matter on OP's own way of trading because we do really differ on each other on this manner.
Having 15k capital and aiming for 5k a month in trading which is basically 30% of your capital which is really very plausible if you done it right but well it will really be depending
on op's hands on how he would gonna handle his investment but asking if its possible then its yes because you can even earn more than that if you done it well.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: suzanne5223 on September 03, 2021, 10:56:08 PM

With $15,000 it's very possible with an accurate strategy. With that account size trading on a standard lot size wouldn't look greedy since the account is fit for it but always apply risk management because the waves of the trend can change direction no matter your system of analysis
Honestly, no strategy in cryptocurrency trading is accurate and I wonder why a trader will have the belief that trading $15,000 as capital is enough for her to make $5000 every month when tomorrow is promised not to talk about the high risk in day trading. Besides, having many impressions about earning $5000 a month could also lead to her addiction to trading if she starts with lost cause she will chase after profit instead of paying attention to what is needed.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: TheUltraElite on September 04, 2021, 05:54:24 AM
Trading Cryptocurrency required 100% concentration. I'll bet you will lose your concentration if there are pressing needs like food and groceries and bills to paid. In other words,  the criteria you listed will not let you concentrate to even make profit. I think you need to get a job for a guarantee income or start a business while you develop your trading skills and apply it in your daily trading!
I dont think concentration has anything to do with profit in that sense. If you are talking about day trading and being able to run it since it runs 24x7, then to make lives easier you can develop your own bots that can monitor markets and send you information on the go. This is not possible for those who lack a programming background but it is possible to learn and execute.

Otherwise keep life simple and not day trade - keeps all the anxiety and social problems away and makes sure the trader remains sane and continues with the natural livelihood. ::)

Whether one can make a specific amount like the OP said, I would not bet on it. It is possible but not necessary to make. Being able to profit a certain percentage of your capital should be your target not a specific amount, but the market changes are not in control of your hands so even then there is no harm if a certain month goes negative for you.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: worle1bm on September 04, 2021, 08:13:00 AM
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).


Making as much is possible with whatever you are willing to start with as many traders have made millions with $100 or even less but what main was they have don techo, financial analysis of the Market and gained knowledge and experience of how market responds to certain elements which made it possible for them.So you need to possess some special skills for that and making money is not an easy task and you could make more what you desire for and even lose all your initial investment so be careful man.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: rhomelmabini on September 04, 2021, 09:48:45 AM
the most important thing is skill, you can have any target for trading but remember, trading is not as easy as we imagine. must have a lot of analysis, ability, capital and others. manage the management well and you can get a profit target of $ 5000 or more
Skill and your sanity towards it. I remember an author about trading that the most important aspect to learn if you want to trade full time was your psychology behind it. Making a $5000 monthly trading profit may vary and even if you say you can do it full time and have that starting capital, it doesn't necessarily mean you'll get it monthly like what you expect it to be.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: RokokGudangGaram on September 04, 2021, 10:00:44 AM
$15,000 is a big capital for me and I really think there's no problem earning $5,000/month I think with that kind of amount you will earn more than $5,000 but still depends on how good you are in trading I for once managed to earn more than $12,000 from my budget of $3000 in less than a day through leverage but I can really say it's risky I got -$1500 first before reaching $12,000.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Hypnosis00 on September 04, 2021, 10:48:43 AM
Well, I don't think this was a good idea coz I saw some negative effects with this on you. I'm afraid if you will fail to reach your goal monthly you will lose your mind and having a bad trade. In that case, it was possible to lose them all rather than making some profit on it.

the most important thing is skill, you can have any target for trading but remember, trading is not as easy as we imagine. must have a lot of analysis, ability, capital and others. manage the management well and you can get a profit target of $ 5000 or more
Skill and your sanity towards it. I remember an author about trading that the most important aspect to learn if you want to trade full time was your psychology behind it. Making a $5000 monthly trading profit may vary and even if you say you can do it full time and have that starting capital, it doesn't necessarily mean you'll get it monthly like what you expect it to be.
The confidence doesn't give us 100% assurance that we are able to get $5k per month. Even we have $20k capital still the same as this volatility nature of the market had never changed. While aiming for a $5k profit will give some pressure on us but on the other hand, it forces us to work harder.



Title: Re: Is it possible to make $5,000 a month day trading?
Post by: rhomelmabini on September 04, 2021, 01:02:55 PM
the most important thing is skill, you can have any target for trading but remember, trading is not as easy as we imagine. must have a lot of analysis, ability, capital and others. manage the management well and you can get a profit target of $ 5000 or more
Skill and your sanity towards it. I remember an author about trading that the most important aspect to learn if you want to trade full time was your psychology behind it. Making a $5000 monthly trading profit may vary and even if you say you can do it full time and have that starting capital, it doesn't necessarily mean you'll get it monthly like what you expect it to be.
The confidence doesn't give us 100% assurance that we are able to get $5k per month. Even we have $20k capital still the same as this volatility nature of the market had never changed. While aiming for a $5k profit will give some pressure on us but on the other hand, it forces us to work harder.
I guess the goal is somehow fine for me and it's attainable but for a beginner as I assume with the OP I think he should know the basics first of what's compounding even on trading. Others take compounding strategy lightly but most businesses and even with trading it comes to be the effective way to get more earning through time.

What I advice to OP is focus or start at low, the best things takes time and even it's slow at least you are getting some lessons along the way.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: conected on September 04, 2021, 02:46:35 PM
$15,000 is a big capital for me and I really think there's no problem earning $5,000/month I think with that kind of amount you will earn more than $5,000 but still depends on how good you are in trading I for once managed to earn more than $12,000 from my budget of $3000 in less than a day through leverage but I can really say it's risky I got -$1500 first before reaching $12,000.
- Your self is already a good proof of the impossibility of this quest, the decrease in wealth will be reduced to almost an absolute minus because your budget was a relative loss the first time, agree that you have a strategy in time to mix and make a profit but your budget can still break in the second and third, even more times. Leverage battleground has no tolerance for most users, one month may succeed but the next month may fail, never easy with a profit even though our capital is large


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: perfect999 on September 04, 2021, 08:10:39 PM
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).
Making 5000 a month in crypto currency trading is very possible.   All you need to do is trade daily with a reasonable amount. Then another thing you have to know is that you shouldn’t be in a hurry to make that much,You need to have patience, and study a lot about trading to develop your skills.  with time you will be able to make up to $5000 a month. Why I said something about patience is because I’ve seen a lot of newbies Who quit cryptocurrency trading out of Frustration, that they can’t achieve much with it. If you can take your time with this You will be able to make more than that As time goes on.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: RealMalatesta on September 05, 2021, 08:50:46 AM
I guess the goal is somehow fine for me and it's attainable but for a beginner as I assume with the OP I think he should know the basics first of what's compounding even on trading. Others take compounding strategy lightly but most businesses and even with trading it comes to be the effective way to get more earning through time.

What I advice to OP is focus or start at low, the best things takes time and even it's slow at least you are getting some lessons along the way.
This is basically what I did. The first ever investment I have ever made was $17, which grew over 100 in months, and that grew into thousands in years, and I started to earn from it, have an income from it. Right now, I have spent it all and have basically zero money anymore, but I have done big things with it, huge things that I would never imagine I would see myself in, and I am quite happy that I do not have any money left right now, because if I had my investment with me but didn't do those things then I would be very sad.

Long story short my story, started with 17 and took years to reach where I wanted, people want to be rich over night, make 5k from 15k each month, that is not going to be possible for each month I can guarantee you that 100%, impossible to do it every month. However if you start with 15k instead of $17? Then in years you would have maybe a million dollars, who knows? That is what people should focus on.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: arbifahrozy on September 05, 2021, 11:05:52 AM
5000$ is not too hard to get. Keep buying the dip and keep holding...don't be a panic seller... also while you're holding give crypto mining a try it'll help you.. finally hit my 11k mark after 48hours of mining.. I'm holding and I'm mining for the future fam..


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Rana590 on September 05, 2021, 04:53:54 PM
Actually it will depend on how good trader you are. It is very much possible to earn $5k with your desire capital. Even you can earn this amount with much lower capital by taking leverage. But leverage trading has high risk. I think you should focus on earning money. Don't focus on fulfill the target. It can be harmful for your capital. Try to select best pair in day trading.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: cryp24x on September 05, 2021, 05:21:12 PM
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).



Your earning target monthly is really quite good if you know how to get of course. And one more thing dude, being knowledgeable in cryptocurrency trading is certainly an advantage, especially if you timely buy or sell the coins your gonna buy or sell it. Perhaps, 5000$ in a month could possible more than it.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: taufik123 on September 06, 2021, 03:52:39 PM
Actually it will depend on how good trader you are. It is very much possible to earn $5k with your desire capital. Even you can earn this amount with much lower capital by taking leverage. But leverage trading has high risk. I think you should focus on earning money. Don't focus on fulfill the target. It can be harmful for your capital. Try to select best pair in day trading.
Leveraged trading is not recommended for beginners, as it carries a greater risk of loss. but some beginners start to try it just by guessing the price.
If you only aim to get $ 5000 of course it will be very difficult, the most important thing is to know the mechanism and know the correct trading flow. Don't be a too greedy trader and too panicked trader. all require a process.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Chrystora123 on September 06, 2021, 04:49:27 PM
snip..

Your earning target monthly is really quite good if you know how to get of course. And one more thing dude, being knowledgeable in cryptocurrency trading is certainly an advantage, especially if you timely buy or sell the coins your gonna buy or sell it. Perhaps, 5000$ in a month could possible more than it.
earning $5000/month from trading for those who have good trading skills is easy.  I have a friend who is able to make that much money per month from trading.  basically, you have to walk gradually to be able to make that much money from trading..
first, collect your experience and knowledge in trading then you are ready to make that much money..


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: checkmatesir on September 06, 2021, 05:36:22 PM
It will be quite easy for every trader if he has that much amount of worth that you had mention in your post. But it also depends upon the trader himself that how can he manage it and how much he knows about day trading, because their are two different strategies day trading and long term investment. Both should be taken differently.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: V-t.Ester on September 06, 2021, 08:29:38 PM
Theoretically it’s possible to make 5000$ from 15000$. However it’s necessary to remember that on practice whatever can happen. Even experienced and skillful trader can suddenly bankrupt because of small error.
5) Trading all crypto (not just btc).
It’s quit hard to monitor all crypto. My oppinion, that it's better to divide capital between the most profitable coins (like BTC, ETH, BNB) and pay the most attention to trading them. This will bring more profit then trading lots of shit coins together.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: binanceautotrader on September 06, 2021, 08:58:37 PM
I make 20% of my initial investment per month. I Use a APP/BOT to do all my Trading inside Binance. I've be looking for this Bot for 3 years!!
It trades only in USDTether. Now Im trading ALL at the same time: ETH, BTC, BNB, SHIB, EOS, UNI, MATIC, XLM, ADA, XRP.

It woks really good. I use 1% profit margin, so it makes about 50-100 Trades in one day and never stops. Working 24/7. I don't mind if the coins are goin up or down anymore. All Pre setup to be automatic.

Good luck on your trades!!!


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Hippocampus on September 07, 2021, 08:13:30 AM
The amount you mentioned in the post will be quite nice and achievable for your target of $5,000 a month. As it is a possible amount and even i can say you can get a profit more than the amount you mentioned for a month. I'm also a day trader and since i have small capital but i also earn a lot from that small capital too.

I personally think this is a very difficult thing, involving psychological, technical, and market conditions. Do you have any good investment strategies you can share?


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: MIner1448 on September 07, 2021, 03:43:41 PM
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).


It is possible to earn $ 5,000 with such an amount on spot trading per month, if you devote at least 8 hours a day to trading and if you are lucky when the market is volatile enough, you can really earn such an amount on futures, for example, it is definitely possible there, but the risks of course great, lose your entire deposit ....


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Sweetbtc on September 07, 2021, 03:52:36 PM
You can  but sometimes it will be difficult in this volatile market that when it goes down then it will definitely be a problem for the day traders, because day traders didn't have that much time to stable again and wait for the coins too much. And i want to say one thing that it will be easy for you if you going with some strategic best rules for yourself.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Benefactor on September 08, 2021, 04:59:30 PM
Market development rate so you know what's going on and ultimately remember to keep refreshed with news also on the grounds that it generally impact the market execution. It is smarter to have a stop misfortune and take benefit again dealer is the clash of the psychological and enthusiastic state on the off chance that you previously losing or taking benefit to deal with the danger don't get an excessive amount of ravenous or confident.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: SirLancelot on September 10, 2021, 10:18:53 AM
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).
Everyone talked about their feelings on the subject, everyone said basically the same thing, it is "possible" but it is improbable and there are better ways. I would like to add something a lot better; staking. If you are staking in cake, that means all you need is around 60k instead of 15k, and you could basically make 5k per month that way. I know that’s just one example and it may not yield the same APR forever, it could go up and down, but that type of thing could be the method that is the least risky method.

I would rather stake my cakes then start trading something and it would definitely be a lot more profitable in the long run. If you pick something useless and stake that, then you will end up losing a lot of money when the price goes down, but if you pick something like uni, or cake or anything like that then you will be getting less risk.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: LUCKMCFLY on September 10, 2021, 07:23:17 PM
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).



Yes it can, but I do not know what style of trading it handles, in my case to handle that type of capital I would distribute it 75% only to BTC and the other 25% I would distribute it in the alts market and some NFTs . Above all, I would do a good study for the NFTs that are exploiting with great success.

Of course, you have to be very careful to know how to choose the NFT projects to follow, some quickly become scams, as happened in 2017 with the ICOs, there was a lot of investment at that time and some failed projects that were not very relevant, and some that are still standing right now. It is also necessary to highlight what you want to achieve, whether to speculate in the market or simply go down the investment path, which is very different, and that other premises are taken into account.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: MusaMohamed on September 12, 2021, 04:44:25 PM
Yes it can, but I do not know what style of trading it handles, in my case to handle that type of capital I would distribute it 75% only to BTC and the other 25% I would distribute it in the alts market and some NFTs . Above all, I would do a good study for the NFTs that are exploiting with great success.
Trading is risky and indicate a monthly profit target is riskier because it will cause pressure. If you get less than $5000 profit, you will try to get it that will make bad decisions.

And $5000 monthly profit bases on how much a capital is?

Quote
Of course, you have to be very careful to know how to choose the NFT projects to follow, some quickly become scams, as happened in 2017 with the ICOs, there was a lot of investment at that time and some failed projects that were not very relevant, and some that are still standing right now. It is also necessary to highlight what you want to achieve, whether to speculate in the market or simply go down the investment path, which is very different, and that other premises are taken into account.
I think NFT projects are risky and I don't support the idea to invest in NFT projects. Polkadot is better than NFT because it is a project that builds up a platform for other projects. It is like Ethereum, Binance Smart Chain, Solana.

Polkadot with the success of its Kusama blockchain, looks to be very promising when its main net is officially launched.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: lalabotax on September 12, 2021, 11:01:49 PM
*4) Starting with $15,000.
With this high capital, you should be able to do that, getting around $5k profits from trading.
But, you must also remember several things:
- Have you also thought about the risks if you may lose some of your money?
- Have you learned exactly what is trading, the analysis, and also coins to trade better?
- Have you know how to have good management of your funds and emotion?


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: blockman on September 12, 2021, 11:08:02 PM
You can  but sometimes it will be difficult in this volatile market that when it goes down then it will definitely be a problem for the day traders,
Traders can adapt if the market goes down. There's still a way to profit on that scenario but it will be depending on how good trader they are.

because day traders didn't have that much time to stable again and wait for the coins too much. And i want to say one thing that it will be easy for you if you going with some strategic best rules for yourself.
They have a lot of time and that's why they're called day traders because they're focusing with the market and with their traders. Someone goals for a certain profit a month. He can even achieve more with that goal if he's doing better and if he's knowledgeable about the market and knows how to do technical analysis and fundamental analysis.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Pom_bensin on September 13, 2021, 02:22:10 PM
...
You are a beginners, there is a chance of 95% or more that you may lose the $15000 than gain, you are a beginners, you will need to first learn how to trade, no other ways after you have known analyses than to use very small amount of money, you can start with $100 or less and see how it goes. I will advice you to wait for the market to dump and invest $15000 instead of trading it, day traders can lose all their trading capital in just a week even in just a day, try to start patiently and be carefully, have good money management.
this is the expectation of beginners. he always uses imagination not reality on the ground. $15K capital beginners always think about profit. however, they do not think about downside risks and losses. I think this should really be considered by beginners so as not to get caught up in self-confidence before the action


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Kittygalore on September 13, 2021, 03:34:22 PM
If you have a big capital and you are good at trading which is hard to then probably you will be able to make those numbers easily although depending on the capital, you might be able to do more than that in a month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Pamadar on September 13, 2021, 03:47:11 PM
...
You are a beginners, there is a chance of 95% or more that you may lose the $15000 than gain, you are a beginners, you will need to first learn how to trade, no other ways after you have known analyses than to use very small amount of money, you can start with $100 or less and see how it goes. I will advice you to wait for the market to dump and invest $15000 instead of trading it, day traders can lose all their trading capital in just a week even in just a day, try to start patiently and be carefully, have good money management.
this is the expectation of beginners. he always uses imagination not reality on the ground. $15K capital beginners always think about profit. however, they do not think about downside risks and losses. I think this should really be considered by beginners so as not to get caught up in self-confidence before the action

Taking everything into consideration and balance well before taking any steps would help beginners to avoid losing inside this investment.

Only concern with profits and not to think about possible risk is mostly the misconceptions, and most of the time
It leads most newbies to instead of earning money; they lose it in the process. Trading is not always positive there's
also mistake and wrong decision making, but if you are aware and you know how to adjust and work harder,
any amount is possible to earn while you are in this market.


If you have a big capital and you are good at trading which is hard to then probably you will be able to make those numbers easily although depending on the capital, you might be able to do more than that in a month.

Depends on your capabilities, each traders have their skills and knowledge if you have that good understanding
to this business, there are always possibilities to earn the amount that you are aiming to achieve.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Renampun on September 13, 2021, 04:41:25 PM
...

it is very difficult to determine what is the right amount so that you can make $5000/month from trading...

in theory, you can make $ 5000/month even with a capital of $ 100 if you are very precise in selling/buying. trading does not give a definite income so but if you set a target at $ 5000 then your chances of getting it will be great as long as you are always right.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: LUCKMCFLY on September 16, 2021, 07:14:14 PM
Yes it can, but I do not know what style of trading it handles, in my case to handle that type of capital I would distribute it 75% only to BTC and the other 25% I would distribute it in the alts market and some NFTs . Above all, I would do a good study for the NFTs that are exploiting with great success.
Trading is risky and indicate a monthly profit target is riskier because it will cause pressure. If you get less than $5000 profit, you will try to get it that will make bad decisions.

And $5000 monthly profit bases on how much a capital is?

Quote
Of course, you have to be very careful to know how to choose the NFT projects to follow, some quickly become scams, as happened in 2017 with the ICOs, there was a lot of investment at that time and some failed projects that were not very relevant, and some that are still standing right now. It is also necessary to highlight what you want to achieve, whether to speculate in the market or simply go down the investment path, which is very different, and that other premises are taken into account.
I think NFT projects are risky and I don't support the idea to invest in NFT projects. Polkadot is better than NFT because it is a project that builds up a platform for other projects. It is like Ethereum, Binance Smart Chain, Solana.

Polkadot with the success of its Kusama blockchain, looks to be very promising when its main net is officially launched.

You are right, although for all that I have been seeing especially on social networks, a lot of money is being directed towards NFT games, such is the case of Axie Infinity, Plant vs Undead, among others, of course following some news of these games have made updates where the people who play are not having as much profitability, but many earn money entering the pre-sales, the public sale phase and at the time of launching the game, that is where everything that has to do with staking comes in, Among others, these are the things that I mean, of course they are not very safe things, but boy are many making money with that.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: TheUltraElite on September 20, 2021, 06:56:32 AM
it is very difficult to determine what is the right amount so that you can make $5000/month from trading...
Theoretically it is possible. Practically it is difficult but not impossible..

Quote
in theory, you can make $ 5000/month even with a capital of $ 100 if you are very precise in selling/buying. trading does not give a definite income so but if you set a target at $ 5000 then your chances of getting it will be great as long as you are always right.
I believe the OP has got their answer. With any capital one can start trading, the only thing is that a bigger starting capital means a bigger proportional return. That should not dissuade small-cap investors to move away though.

But a fixed amount might not be logically correct to declare from the start. One can make a lot or none depending on what coin they buy and at time or price they buy at. Here the important keys words should be kept in mind for the OP. Joining at the wrong price or time is devastating.

You can  but sometimes it will be difficult in this volatile market that when it goes down then it will definitely be a problem for the day traders, because day traders didn't have that much time to stable again and wait for the coins too much. And i want to say one thing that it will be easy for you if you going with some strategic best rules for yourself.
For starters, day trading is a wrong step. Without prior day trading experience in the stock market or so, they will likely get washed out.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Strongkored on September 20, 2021, 11:42:59 AM
3) No other means of income (can't sell my service)
this means that this will be your only income to meet all the necessities of life, right?
The pressure will be even greater, especially if the funds you use are all the money you have, there are no other reserve funds.
$5,000/month maybe can, but you will definitely go through some mistakes first to finally find the right formula to achieve that.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: bitcoinst on September 22, 2021, 05:43:57 PM
Quite, but everyone will forget to depend on your deposit.
For example, in order for it to be 1% of your deposit, and you could make 1% per day, which will be equal to $ 5,000, $ 500,000 will be enough for you to feel comfortable.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: riso2015 on September 22, 2021, 06:40:12 PM
everything can happen , but there is no accuracy of how many percent can be sure . Maybe you should make a daily target in balance with a good coin analysis for your daily trading . Create the risk of loss that you can face. Most importantly your skills that must be improved every day. All possibilities can happen. Do not worry.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: pelumi20 on September 22, 2021, 08:26:16 PM
It is definitely possible to make $5,000 trading (even more) and it is also possible to lose everything. The deciding factor whether you will make profit or suffer huge losses is your trading ability. You cannot just expect to get into crypto trading and start making money right off the bat. You need to learn first before you even think of earning from the market.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Cornia on September 22, 2021, 11:59:14 PM
Trading depends a lot on your experience and luck. If you are a skilled trader then $15000 is a good starting money to make profit of $5000 per month. And if you are lucky, you can earn more than $5000.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Rehan Zakir on September 23, 2021, 04:46:20 AM
Yes brother it is possible. In trading you can earn as much as you can. But it all depends upon your skills and investment. If you have a good investment and good technical analysis skills. Then start trading and earn money. Trading is not a game. Take it as a business. And in business there is no limitation for earning. Grow your business and grow your earnings. And earn money as much as you can. Your skills will help you to make money. So, work on your skills. Learn better and earn better.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: mksundip on September 23, 2021, 06:17:03 AM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.
skill is the most important and most influencing to get profit. I think the most important thing is to improve your trading skills. if it is fulfilled everything will be easy to get profit as desired by traders.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: dustboy on September 23, 2021, 06:43:03 AM
Quite, but everyone will forget to depend on your deposit.
For example, in order for it to be 1% of your deposit, and you could make 1% per day, which will be equal to $ 5,000, $ 500,000 will be enough for you to feel comfortable.

The question is to make $5,000 in a month, not in a day. With your calculation, you will make $150,000 in a month. If the target is to make $5,000 in a month and if you use 1% per day, you should make a profit of $167 daily means that you have to start with only $17,000.

The big question, is it possible to earn 1% every day in a month without any single loss?


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Mpamaegbu on September 23, 2021, 08:06:05 AM
With your start up capital of $15,000 your target is achievable but that will be based on certain values which I like to tag, "the trading set skills". It's more important to master the act of trading than splashing cash on an account. Again, you may want to make a pick from selected few cryptos and not attempt to trade any one you find trending so as not to lose focus.

The balance of $15,000 can give you more than you are estimating for the month. The profit of $5,000 is easy to achieve even before the month ends and how it can be easier is to trade in highly volatile coins like bitcoin. Bitcoin was around $29,000 the past one month and now above $49,000. The calculation of the difference of $49,000 - $29,000 is $20,000 , this is really big as you can see for a month.

The above analysis is if you just bought and hodl, you would have made like $20,000 without trading at all, just with your investment resting on your wallet or exchange. Therefore, if you do trading and you understand how to enter in the right time and exit time too you can keep smiling all the time with profit above $5,000.
Yes, that's a good angle and analysis to see it from. But OP is a day trader and not a hodler. Even if they had bought Bitcoin at hat level I ain't sure he would've gone all out on Bitcoin and bought a whole. Day traders like to split their trades into several pairs. Secondly, if OP had bought a whole they wouldn't have hedl it to the $49,000 level. Day traders don't have the patience of hodlers. They sell and buy too quick.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Tumanggor on September 23, 2021, 05:31:13 PM
do you still remember the wise phrase = "nothing is impossible"
Earning $5000/month with daily trading is easy if you master trading well and have good emotional control

but to get to $5000/month with daily trading you have to experience and struggle which will certainly be very heavy
if you back off when you are just starting or are still in the middle then it's useless


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Pamadar on September 23, 2021, 06:18:11 PM
3) No other means of income (can't sell my service)
this means that this will be your only income to meet all the necessities of life, right?
The pressure will be even greater, especially if the funds you use are all the money you have, there are no other reserve funds.
$5,000/month maybe can, but you will definitely go through some mistakes first to finally find the right formula to achieve that.

If that the case, achieving the goal is very difficult, if there's no other sources taking the big risk for higher possible result might not be prioritize, though it's possible if you already have the strategy or system that will serve as pattern fr your daily quest. The market is an open venue as everything that you'll going to plan and execute will turn either favor or against you. Such kind of limitations needs also a consideration in planning this target outcome.

Trading depends a lot on your experience and luck. If you are a skilled trader then $15000 is a good starting money to make profit of $5000 per month. And if you are lucky, you can earn more than $5000.

Depending to how good your understanding and what kind of experienced you already have, part of this business is also luck as finding the right asset to use as your token for your investment not only relying with supply and demand but also with perfect timing and good luck that will back your investment up to achieve your monthly target.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Emitdama on September 23, 2021, 09:04:39 PM
The question is to make $5,000 in a month, not in a day. With your calculation, you will make $150,000 in a month. If the target is to make $5,000 in a month and if you use 1% per day, you should make a profit of $167 daily means that you have to start with only $17,000.

The big question, is it possible to earn 1% every day in a month without any single loss?
This is one million dollar question because no one can give you perfect prediction about this you need some very good skill and very good knowledge of trading but with this all luck is also very important because with these things you can't able to do any good thing and not able to have any profit.

OP is just a beginner most chances he will lose his all capital because he needs something extraordinary for this income which he is need monthly better he needs some good education about this otherwise he can lose all because it's happen with many they lost their all funds just in few days as they are going to take risk like this.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: blockman on September 23, 2021, 10:09:27 PM
Earning $5000/month with daily trading is easy if you master trading well and have good emotional control
No, it's not easy. Even if you master trading, you'll still have losing days and can even go like a streak. What's easy is that we can say it easily that it's easy to make money from trading. But if you apply it to your own and even you've become a master of it, you'll still have some red days for sure. The possibility is a yes but going through the process of it might make you quit because the reality is that it's not actually easy as you think and like the usual reaction, "easily said than done".


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Fatunad on September 23, 2021, 10:26:07 PM
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).



1. There would be no fix net income with trading, it all depends on how you do trade or how well you do play with volatiility.
2. Something that not everybody would able to take good grasp of it.
3. You should prepare in case you do lost
4. When it comes to bankroll or capital then it would really vary from time to time on each person.
5. Easy to say but would really be that hard. Focus on what coins you can handle on.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: martina14 on September 25, 2021, 04:21:12 PM
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).



Yes it is very possible to earn that here in cryptocurrency dude. But that's not easy to get it, I am not discouraging you huh. I am just stating the fact here as an individual traders in crypto space. Because to gain that amount of money, you should have a high understanding in reading the chart or graph in the exchange, know the risk management as well, and of course you supposed to have a skill too.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: zaesvlas on September 25, 2021, 04:58:38 PM
For some reason, everyone thinks that trading can only make money. Guys, do not forget that this is a risk, and in addition to profit, you can also get losses, and for this you should not forget.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: ZaraCB on September 25, 2021, 07:22:10 PM
For some reason, everyone thinks that trading can only make money. Guys, do not forget that this is a risk, and in addition to profit, you can also get losses, and for this you should not forget.
You are absolutely right. We forget that trading is a game of luck. Not only profit here, you may loose part of your capital or total capital.
Whatever it is, it is possible to earn $5k profit per month by investing $15k. That’s why you need both experience and luck.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: goldkingcoiner on September 25, 2021, 07:57:04 PM
So let me tell you a short story of the future. I like to call it "its obviously going to happen to you". First of all, daytrading? Thats not something just anyone can do. People study this stuff for decades and still can't accurately predict the market and lose all their money over 1 bad trade. So don't do it. You should look more into actually investing instead of putting all your eggs into one basket.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: jerry0 on September 25, 2021, 08:25:23 PM
How hard would it be to do this if you are limited to a few exchanges only such as


Coinbasepro
Gemini

FTX



Asking this due to country restriction.



This would make it much harder for people?  Such as if you don't have access to either binance etc.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Phrahm on October 04, 2021, 10:41:11 AM
Of course, any limitation of yourself is always inconvenient, especially when it comes to the exchange.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Cookdata on October 04, 2021, 11:43:43 AM
I believe with good volatility, it is possible to make that target within a month. If you are the lucky type that trade assets that get attention on big exchanges, you only need 30% of $15,000 to make that amount under a short period of time and before you know, you are already a making huge amount of money.
Another advice is that, stay away from futures, it is one of the fastest way to get profit but the damage it will result if your trade do the opposite will dissapoint you.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: ZaraCB on October 04, 2021, 01:08:49 PM
Of course you can make a profit of $5000 monthly by investing $15k. But it will depend on your trading strategy and coins you choose to trade. You need to find highly potential coins. For this you have to observe the market very well.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: jerry0 on October 05, 2021, 04:25:05 AM
I just took a look and shiba inu is almost double the price this week.  So if someone put in 50000 dollars and then after a week, well they are up almost double the amount.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: sumant on October 05, 2021, 09:53:26 AM
At present time future trading is good option to make a good day or month profit but this also has high risk. Some traders take high leverage to maximize their profit but this can cause liquidation and a big loss. Experienced trader can take 5000$ monthly profit by spot trading or leverage trading. We should have good capital to make this profit out in a month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: BigBos on October 05, 2021, 11:56:47 AM
making $5000 a month with $15000 it's very possible. in fact, professional traders do that and can even earn more than that. however, you need to look at the potential of the coin, and to earn $5000, it may require trading in the short term. So, you need to do some daily research on coins that have recently gone up, or down, and have the potential to move down or even higher.
What you need to know is, the risk in this case is very large. So, you need to get 30% profit from the funds you put in. However, it is a law of nature that when you want big profits, you need big risks. so, I think that this has big risks. however, my advice, start looking for top coins with very unstable volatility, up and down. it might make you faster to produce it. DWYOR


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: BuNga_cute on October 05, 2021, 12:29:49 PM
making $5000 a month with $15000 it's very possible. in fact, professional traders do that and can even earn more than that. however, you need to look at the potential of the coin, and to earn $5000, it may require trading in the short term. So, you need to do some daily research on coins that have recently gone up, or down, and have the potential to move down or even higher.
What you need to know is, the risk in this case is very large. So, you need to get 30% profit from the funds you put in. However, it is a law of nature that when you want big profits, you need big risks. so, I think that this has big risks. however, my advice, start looking for top coins with very unstable volatility, up and down. it might make you faster to produce it. DWYOR

I also believe the $5000 profit target is achievable, but of course there are some conditions that must be met. Although I also have never done
day trading and made a profit of $ 5000 in a month. But I know some people who can make $5000 profit in a month from day trading. Indeed,
several things must be done to be able to make a profit of $ 5000 from day trading and you have explained it well, maybe i just want to add it,
what is forgotten is that usually using large capital is easier to generate large profits too. Although it is possible that small capital can generate
large profits, but the difficulty level is different.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Anguwa on October 05, 2021, 02:54:00 PM
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).


I have that belive that nothing is impossible in cryptocurrency trading, once you are able to learn more about trading, and also have good understanding about how trading works, I belive one get more that that in crypto trading per month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Evgenklm on October 05, 2021, 05:55:01 PM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.
I doubt, of course, that with $ 100 you can earn $ 5000 unless you are of course Elon Musk))) who can raise the price of any coin with the help of his fame and media.Of course, there are traders who feel the market well, but it is very difficult to fly from $ 100 to $ 5000 per month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: TheEconomists on October 05, 2021, 06:31:17 PM
With $15,000 as the trading capital it is very possible only if you are a good trader that have a working strategy that always work for you. If you are not a good trader please don't trade with the money that you can't afford to lose since crypto currency is too volatile and only those who the technicality in trading that use to survive it.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: elisabetheva on October 09, 2021, 03:31:25 PM
$15,000? Sure, very very possible. You can even make $5000 a month starting with $100 using leverage.

But the question is, how good are you actually with trading? Because the results will mostly depend on your skills/knowledge rather than your bankroll, and how much risk you're willing to take. You can even start with $1 million but you'd lose it all if you don't know what you're doing.
no matter how well you do in trading, it will obviously be adjusted to how much you have for trading capital. because I believe the more funds to trade the more likely it can be achieved for the profits to be made.
I do not believe with a small capital will be able to reach the value of $ 5K in a month.

I doubt, of course, that with $ 100 you can earn $ 5000 unless you are of course Elon Musk))) who can raise the price of any coin with the help of his fame and media.Of course, there are traders who feel the market well, but it is very difficult to fly from $ 100 to $ 5000 per month.
I think what your doubts are the same as I think, because how is it calculated to be able to get a profit of $ 5K in a month if the funds you have are small.
because the principle of trading is also to determine capital, the more capital used, the more will be generated.

maybe if you can raise the price quickly, of course there can be revenue that can be that big, because the factor of increasing the price is very influential as well. If there are no surprises, of course, with a small initial fund, we will look for a small price and obviously it will take time to achieve it, if a month is clearly not possible.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: boyptc on October 09, 2021, 11:47:46 PM
With $15,000 as the trading capital it is very possible only if you are a good trader that have a working strategy that always work for you. If you are not a good trader please don't with the money that you can't afford to lose since crypto currency is too volatile and only those who the technicality in trading that use to survive it.
That can even be gone if you're just trading without any plan how you'll take care of that fund. Every single time your trade has profited, you need to have that action of taking back a portion of profit or capital.

And after that, you'll continue to what you've already started. But it's easy to say and to look at the possible gain, it's not going to be easy.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: goldkingcoiner on October 12, 2021, 04:01:05 PM
I just took a look and shiba inu is almost double the price this week.  So if someone put in 50000 dollars and then after a week, well they are up almost double the amount.

REally? Shiba inu? Really?

As far as I know shiba inu is a failed project due to the fact that it could not uphold its promise that the locked coins would stay locked. Vitalik showed everyone that he does not care about shiba inu and has no problem with throwing them around. That alone should send alarm bells going off for investors.

I would not trust shiba inu in the first place anyway, its just a dogecoin ripoff, as far as i can tell.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: arbifahrozy on October 12, 2021, 04:46:31 PM
It is simple possible as the amount which you had selected for your investment is quite nice and more so, through this amount 5,000 dollars are easy to get but in spot trading, there will be more than you think , it will be quite beneficial for you. Just invest this money and easily you will reach reach to your destination I hope so.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: kanayaTabitha on October 12, 2021, 04:49:50 PM
I doubt it will works with 15k capital because that means you will earn 30% a month which is so big, maybe the professional traders could make sure they could earn that much in a month.
5% profits from total capital is still can be realized if the market is not in bear market, so i think you will need 100k to make 5k a month from full time trading. IMO


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Vaskiy on October 12, 2021, 05:26:44 PM
  • Close observation and analysis about the upcoming market changes increase the chances of profit making.
  • Regular participation into trading will make one improve the skill of profit making out of the fluctuation.
  • $5000 is possible when invested on the right cryptocurrency.
  • Depending on the capital will be the profit.
  • Fixed profit can't be expected every month.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: South Park on October 12, 2021, 05:44:04 PM
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 too little money for what you are expecting, you basically want to earn 33% while trading every single month and that is without taking into account that inflation also reduce the purchasing power of your capital so in a single year instead of having to earn 33% now you will need to earn 40% or something similar, in my opinion to have a decent chance at something like this and be able to perform this regularly you will need 250k, it is a lot of money I know but it is a number that I think it is realistic.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Zanab247 on October 12, 2021, 06:11:04 PM
Yes, is possible to make $5,000 month day training, if applying the following strategies:
1. Knowledge : If you have the knowledge of Crypto trading very easy to start earning $5k monthly trading in the market. The knowledge will help you to know when to buy coins and sell them in a higher rate to achieve your monthly profits.
2. Experience: If you apply experience in your Crypto trading, it will easily help you to earn more profit from your trading, With the experience you are applying. it will keep you earning $5000 month day training in the market.
3. Location: it will be very easy for someone to make $5000 income month day training, if the trader can apply good location in the market. If you are trading where traders use to make massive profits, it will be easy for such trader to earn $5k month day trading.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Cornia on October 12, 2021, 07:58:26 PM
During the current bullrun you can easily earn $5000 profit per month. And the most important thing is that you have to find the highly potential coin. You must know about those coins before investing.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: lixer on October 12, 2021, 09:55:03 PM
I doubt it will works with 15k capital because that means you will earn 30% a month which is so big, maybe the professional traders could make sure they could earn that much in a month.
5% profits from total capital is still can be realized if the market is not in bear market, so i think you will need 100k to make 5k a month from full time trading. IMO
With this Capital it's some difficult but not impossible because right now we have some good things in crypto just need some better workout from investor and if he is able to have check on charts and analysis then he can achieve his target. These days, market is going in good way so just need patience and good strategy which are basic things for this all. Crypto trading is just a more risk a version of the stocks market, so trade carefully and don't aim for too much profit from here.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: DarkDays on October 12, 2021, 10:11:51 PM
Nothing is impossible  :D

When it comes to trading it is all about which markets you're in and how skilled you are. If a trader has it all it takes, plays with the right amount of capital you can imagine that 5K a month is probably on the low side.

Using the right strategies you could even go much higher, of course, market allowing but it is not impossible to get that kind of return when you're dedicated, skilled and take the time to look at the markets.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: rodskee on October 13, 2021, 04:32:37 AM
With the following criteria...



2) Daytrading full time.
Daytrading Full time , meaning you are really good in this area so you can risk and use all your time doing this.
Quote
3) No other means of income (can't sell my service).
cause there will no buyer lol.
Quote
*4) Starting with $15,000.
that's a Big amount to start with if you are a newbie here, best to increase your knowledge first before fully deals with it.
Quote
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).


the word ALL is not appropriate , best to just choose OTHER crypto than using them all.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Rehan Zakir on October 13, 2021, 08:01:14 AM
Yes you can. Trading is just like a business where you can earn as much as you can. It all depends upon you. There are no limitation in trading about earning money. If you are a professional trader you can easily earn profit from a small investment. And With 15000$ investment 5000$ can easily be earn. You can also earn 5000$ profit in a single trade.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: geegaw on October 13, 2021, 02:22:33 PM
I doubt it will works with 15k capital because that means you will earn 30% a month which is so big, maybe the professional traders could make sure they could earn that much in a month.
5% profits from total capital is still can be realized if the market is not in bear market, so i think you will need 100k to make 5k a month from full time trading. IMO
Well, those who consider trading as a profession and strive for life in it can indeed fulfill this ambition but the element is only relative and feasible for several months of the year is possible but more and more often, that's what makes their brows not dilate, it's so hard because the market has as many modes as a game version, that is high, medium and low vibration, once the vibration is too low, their expertise is also powerless against this indifferent attitude. Increasing capital also does not solve and lighten the problem, sometimes it only opens a worse picture of hell.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: doremonchina on October 13, 2021, 02:59:24 PM
you should initially figure out how to exchange that the ways after you have known investigations than to utilize tiny measure of cash you can begin with $200 or less and perceive how it goes.
I will counsel you to trust that the market will dump and contribute $1000 to 15000 as opposed to exchanging it informal investors can lose all their exchanging capital simply few days even in a day attempt calmly and be cautiously


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: sulendra12 on October 13, 2021, 09:12:26 PM
* 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 do it with $100, $1k, $10k and so on but the real thing is how well do you to manage your investment capital?. Sure people have certain amount of capital but the real difference is the knowledge and experience of certain traders to do trading in different situations. You will be surprised if people can make small amount of money to big one with just trading, so it doesn't mean big capital = big profit but it could be the opposite instead.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: lepbagong on October 14, 2021, 02:23:43 PM
I doubt it will works with 15k capital because that means you will earn 30% a month which is so big, maybe the professional traders could make sure they could earn that much in a month.
5% profits from total capital is still can be realized if the market is not in bear market, so i think you will need 100k to make 5k a month from full time trading. IMO
The basic principle is that it is clear that if you want to get big profits, you must have a large capital as well. it is impossible with small capital but can generate large profits, besides there are indeed surprises like coin doge. but that possibility is very rare if not for accurate daily trading that is continuously carried out.

to be able to get a profit of that size can happen and can be done with a capital of $ 15K. once again it has to be with no small risk too, what is certain is the "time" that really needs to be prepared carefully and don't let go of your time to always pay attention to every potential coin movement, which you will make daily trading.

actually if you want to do daily trading on potential coins such as bitcoin and ethereum, BNB is very likely to be achieved quickly. but again are we ready to spend our time to keep the trade shielded at all times? Of course it's not easy to do that especially if you have other activities.

Well, those who consider trading as a profession and strive for life in it can indeed fulfill this ambition but the element is only relative and feasible for several months of the year is possible but more and more often, that's what makes their brows not dilate, it's so hard because the market has as many modes as a game version, that is high, medium and low vibration, once the vibration is too low, their expertise is also powerless against this indifferent attitude. Increasing capital also does not solve and lighten the problem, sometimes it only opens a worse picture of hell.
what you said clearly really appreciates that it is true that as a profession, of course you have to be willing to fight properly and have strong ambitions. because obviously everything depends on yourself, whether you are able to do and prepare your time without leaving for a moment. because the chances are that when you leave it is precisely the time when the trade is high or low, which should be an opportunity to take action.

That's right, let us know that the market is very difficult to predict, it can change at any time and it is possible to make moves that we might actually miss. so indeed if you really want to do it right then there is no time that we should miss and must always observe correctly every time. Don't give up on the situation because every second is a time that can change the situation. It could be true that adding capital alone can also not solve the situation if we don't really concentrate on the movement of the trade.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Alisha FR on October 14, 2021, 05:48:40 PM
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).



I think point 5 is very interesting for those of you who really aim to get a profit in a month for only $ 5000 even when trading in several types of cryptocurrencies that are ranked in the top ten based on my experience can get more profit from what you are targeting.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: South Park on October 17, 2021, 04:14:55 PM
Nothing is impossible  :D

When it comes to trading it is all about which markets you're in and how skilled you are. If a trader has it all it takes, plays with the right amount of capital you can imagine that 5K a month is probably on the low side.

Using the right strategies you could even go much higher, of course, market allowing but it is not impossible to get that kind of return when you're dedicated, skilled and take the time to look at the markets.
And yet it can be highly unlikely, what are the chances that a trader can pull 33% of profits from the market of cryptocurrencies monthly and with regularity for years? To me the chances for that are incredibly low to the point it is not worth trying but if the OP wants to do it then they can do so and then report the results, but I doubt it would happen as if he actually tried to do this then the risks he will need to take are enormous and he will lose his capital.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Mamun74 on October 17, 2021, 07:17:47 PM
I think it is possible to make sure $5000 a month by trading. Your starting money for trading very smart amount. Monthly $5000 profit is good enough. I Think your starting amount $15k is good for invest and you can get easily profit $5000 monthly. If You have the crypto Knowlton then you can do it easily. You you need to know most important thing is which coin is more potential Then you can choose valuable coin and invest.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Oneandpure on October 18, 2021, 04:50:51 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: mrkfdr on October 19, 2021, 12:48:03 PM
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).


Well , you, 9tshk. can't.
If you could, you wouldn't ask.

There are traders who can do this in certain markets, but can they do it 12 month in a row? that's another question.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: OrangeII on October 19, 2021, 02:33:57 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Oneandpure on October 19, 2021, 05:02:01 PM
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.
Depend with altcoin choosing and easy for the future to predict can raise above $5,000 every month or loss more than that amount if wrong coin for trading and investing. I see many trader only take moment when bitcoin dump and try to entry without hurry to get profit every day, just take chance when bitcoin or altcoin dump only than sell on higher price, they make way as investor only not trader.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: goldkingcoiner on October 19, 2021, 06:06:26 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: iv4n on October 19, 2021, 08:05:05 PM
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!


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: milewilda on October 19, 2021, 08:09:40 PM
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!
Even though its 1.1% daily then this is something simple because you would really be needing to be consistent.You should consider out the risk of dealing with price on active manner.This is something
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Stedsm on October 19, 2021, 08:30:03 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Zanab247 on October 20, 2021, 10:50:07 AM
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. 


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: smartaction on October 20, 2021, 11:59:01 AM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Cling18 on October 20, 2021, 04:04:49 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Rana590 on October 20, 2021, 05:45:46 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: rosemariefrancis on October 26, 2021, 04:33:20 AM
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.



Title: Re: Is it possible to make $5,000 a month day trading?
Post by: YOSHIE on October 26, 2021, 05:37:16 AM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Swopon on October 27, 2021, 05:49:06 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: nhaila on October 27, 2021, 08:44:32 PM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: dunfida on October 27, 2021, 10:50:54 PM
~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.
Not a really good piece of advice considering on how risky to trade up on Futures./Leverage or options which not all people would really be that good on making up trades even you're provided with some signals or hints or tips then that wont really be giving out an assurance for you to succeed on.

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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: bhooscream on October 27, 2021, 11:28:01 PM
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.



Title: Re: Is it possible to make $5,000 a month day trading?
Post by: andriarto on October 28, 2021, 03:52:28 AM
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.


it says op wants to make $5k profit, and that means 30% of initial capital by trading not only on bitcoin. then the strategy in question is to follow signals from indicators, for example. it's not too bad, and I think when the market is bullish it is possible that the target can be met. the problem here is that op is experienced or not in the crypto world, because it is feared that he will not be able to control his emotions and is only oriented to his ambition


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: mksundip on October 28, 2021, 08:20:11 AM
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


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: robattfield on October 28, 2021, 09:03:17 AM
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.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: Reatim on October 28, 2021, 09:31:18 AM
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?

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).


Minimum cannot be recorded but at least you can try earning 1-2k a month is enough, remember that the risk is still there so things may happen that instead of earning you might lose.


Title: Re: Is it possible to make $5,000 a month day trading?
Post by: icopress on October 28, 2021, 03:54:45 PM
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.