Title: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Dr.Bitcoin_Strange on February 02, 2025, 11:12:46 AM I know we have some good traders on this forum, and this question is directly to you guys.
I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? I want to hear your opinion on this. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: shield132 on February 02, 2025, 12:38:29 PM I know we have some good traders on this forum, and this question is directly to you guys. If you manage to profit 2% daily, you'll become a millionaire within a few months with a capital of $1000. If you think that it's easy to make 2% per day with trading, you are hugely mistaken.I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? I want to hear your opinion on this. I suggest you step away from day trading and don't think about daily 2%. Try to focus on long-term trading. I buy and sell Bitcoin and other cryptos a few times a year or sometimes I won't even trade for a year. I always try to catch the best moments instead of every moment. For example, when Bitcoin's price fell, I waited till Bitcoin felt as low as 30K, then I bought it and kept it in my wallet for a long time. Then I sold it in 2024 when the price reached 50K, then I bought it again, and then I sold it. I bought it again today and I plan to hold it until it reaches 150K. I won't sell it for a lower price, the basic rule of trading is buy low - sell high. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: stadus on February 02, 2025, 12:40:55 PM Obviously, it's impossible to win every day, that's not how a game of risk works. Trading is a risky game too, but it's generally less risky compared to gambling. In fact, the only ones consistently making profits on a daily basis are the exchanges themselves through trading fees, withdrawal fees, and other charges we all end up paying.
Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Wexnident on February 02, 2025, 01:20:48 PM ~ I mean if that was feasible I reckon there'd be a lot of traders who bloody rich already imo, regardless even of their starting amount. Even a $100 could amount to 100k something afaik if with a 2% profit daily in a YEAR, let alone $1k. Yes the principle buy low sell high can help you achieve this but it doesn't mean that everything you buy is the actual low and that makes all the difference imo. If you were able to accurately predict it all the time, either the markets are manipulated by you or you are able to somehow predict the future. And it's for a reason a lot of traders say to beginners that if they want to start trading, expect losses. It WILL happen, always. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: cryptoaddictchie on February 02, 2025, 02:10:37 PM Thats a possibility that you only win all your position and trades. In my honest opinion making it consistent win daily is quite hard. Even the professional trader who memorize all the possible outcome based on charts and parameters still loses. You win 3 days straight of 5% but on the 4th day you loses 20% now you still at the losing oart. Unless you able to block the potential loss or got stop loss before a damage incurred on your position.
Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: MusaMohamed on February 02, 2025, 02:27:19 PM From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. Reality is different, you miss many chances, and your entries are not perfect, so you will have less probability to get 2% or 5% profit from your trading daily. Traders with very large capital, will be more likely not trade too actively daily. They will use most capital for long term investment because they know high risk of trading, and experienced enough to make profit another easier way, through investment rather than trading. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: khiholangkang on February 02, 2025, 03:32:27 PM I know we have some good traders on this forum, and this question is directly to you guys. I agree with that, 2% -5% are very easy to get every day especially using future trade will be much easier, I myself do trading with a target of 10% every day and it works with a capital of $ 100 and 20% margin and by using Leverage according to the target calculation of rapid trade from every trade that is done is far more effective, yes even though it indeed gets $ 10 every day is small, but if we do it in a long period of time it will feel better than we play gambling with easy capital in liquidation market.I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? I want to hear your opinion on this. Unless my spot trading is very difficult to do it because based on the price fluctuation of a token that follows the direction of the market motion. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Don Pedro Dinero on February 02, 2025, 03:42:01 PM From my experience in trading, making 2% - 5% profit every day is very possible <...> What a load of bollocks, please, those of you who have no idea about trading and are thinking of starting don't pay any attention to what he says. If you manage to profit 2% daily, you'll become a millionaire within a few months with a capital of $1000. If you think that it's easy to make 2% per day with trading, you are hugely mistaken. Not a few months but if you start with $1,000 today on 2 February 2026 you'll have $1,377,408.29. One of the things people least understand, even in economic forums like this one, is the power of compound interest. I agree with that, 2% -5% are very easy to get every day especially using future trade will be much easier, I myself do trading with a target of 10% every day and it works with a capital of $ 100 and 20% margin and by using Leverage according to the target calculation of rapid trade from every trade that is done is far more effective, yes even though it indeed gets $ 10 every day is small, but if we do it in a long period of time it will feel better than we play gambling with easy capital in liquidation market. This is another one that you shouldn't pay any attention to if you don't have much of an idea of what this is all about and you are thinking of starting or have only recently started trading. And with leverage. What are you doing here making $70 a week, then? In case it is not clear to people who have no idea about this, the answer to the OP's question is NO. If someone offers you that return it is a scam. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: FatFork on February 02, 2025, 04:02:02 PM From my experience in trading, making 2% - 5% profit every day is very possible <cut> From your experience? And how many days have you been a trader if I may ask? Sure, you might hit those numbers on some days, or get lucky for a short period. But that's not consistent, reliable profitability. In the real world, consistently pulling 2-5% daily is statistically improbable for 99.99% of traders. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: khiholangkang on February 02, 2025, 04:37:34 PM I agree with that, 2% -5% are very easy to get every day especially using future trade will be much easier, I myself do trading with a target of 10% every day and it works with a capital of $ 100 and 20% margin and by using Leverage according to the target calculation of rapid trade from every trade that is done is far more effective, yes even though it indeed gets $ 10 every day is small, but if we do it in a long period of time it will feel better than we play gambling with easy capital in liquidation market. This is another one that you shouldn't pay any attention to if you don't have much of an idea of what this is all about and you are thinking of starting or have only recently started trading. And with leverage. What are you doing here making $70 a week, then? In case it is not clear to people who have no idea about this, the answer to the OP's question is NO. If someone offers you that return it is a scam. Seeing from the risks and failures that are definitely there in 1 week, you also certainly have a risk management even though what you use is a small money and you certainly know how much you can tolerate the loss as an SL in every position you are trading. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Zaguru12 on February 02, 2025, 09:19:54 PM From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? Base on my experience in trading there is no guaranteed wins in it, yes the 2% to 5% profit is definitely not that impossible but it isn’t guaranteed, taking day trades for this percentage wins is simply just like someone who is scalping a trade with small time frame. This actually is best for large capital trades because with a 2% win in a $1000 trade the profit will be $20, imagine with the capital of $100k one will be at $2k profit which if gotten daily will be a really big win in like a month trade. I have my personal take profit even if it is 5% and the trade triggers I take my profit i don’t go against my trading plan to allow trades move more ahead because this is what actually welcomes greed into trading, if it is spot trading it is understandable because one can actually leave the coins as moonbag Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: tvplus006 on February 02, 2025, 09:23:00 PM ...I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. .. I share the opinion of your friends, who also believe that 2-5% profit per day is impossible. The problem is that you will not be able to close all your orders with a profit, because you will definitely have unprofitable trades and liquidations are quite possible, which will not allow you to complete your task. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Oshosondy on February 03, 2025, 12:02:40 AM Did you mean if the yearly average is taken? Or it must be daily?
If you want such amount daily but which can fail but the probability of it to fail will reduce when you stop thinking about using stop loss and start trading with low amount of money. Learn about average and be wise about it because it is dangerous if misused. For yearly average, it is also possible. From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. The amount of money you used is not necessary because you represent the money you want to make in percentage.Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: LogitechMouse on February 03, 2025, 02:45:18 AM ...I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. .. I share the opinion of your friends, who also believe that 2-5% profit per day is impossible. The problem is that you will not be able to close all your orders with a profit, because you will definitely have unprofitable trades and liquidations are quite possible, which will not allow you to complete your task. The more I trade, the more I realize that this is almost impossible to achieve. I mean the constant daily profits is impossible because there will always be times where you will experience losses along the way. I guess the most reasonable target is 5%-10% per week because that most likely is achievable. Even an expert has losing trades, but they still end up making money. As for liquidations, we just saw a $2.03 Billion amount of liquidated money during the last 24 hours, and I don't know if this is the biggest single day liquidation in the history of futures trading. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Bitcoin_Arena on February 03, 2025, 04:12:35 AM I agree with that, 2% -5% are very easy to get every day especially using future trade will be much easier, I myself do trading with a target of 10% every day and it works with a capital of $ 100 and 20% margin and by using Leverage according to the target calculation of rapid trade from every trade that is done is far more effective, yes even though it indeed gets $ 10 every day is small, but if we do it in a long period of time it will feel better than we play gambling with easy capital in liquidation market. You don't know what you are talking about, mate. I am pretty sure you can't make even 1% daily in profits at a consistent level. Sometimes the market gets so unpredictable and you have bad trades and days.Unless my spot trading is very difficult to do it because based on the price fluctuation of a token that follows the direction of the market motion. If it was that easy, every trade would be rich. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: shinratensei_ on February 03, 2025, 04:18:57 AM getting 5% profit is easy, you can do it literally in 5 minute when market is so volatile like recently when there's massive market dumping, the market recover and getting 10% gain with just the right entry at the bottom of the dip can give you that, the problem is consistency, you aren't gonna be hitting the bottom everytime you buy the dip, sometime the market just dumped even further, and you can lose your entire month profit + capital loss then you're forced to become holder if you don't want to realize your loss.
my advice is, try with small capital first, see if you can do 5% consistently, then you make your decision, market isn't as easy as it seems, everybody in the market is trying to outsmart each other and trust me there are people with good resources trying to outsmart you everytime. that's when your trading strategy gonna be tested. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Rabata on February 03, 2025, 07:18:28 AM Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? If a trader trades on a daily basis, it is possible to achieve this, but I do not think it can be done regularly or every day. Because the market situation is not always at the same level. For this reason, the trader will have to change his situation. If a trader can manage trading by keeping a profit limit between 2-5%, it will be much easier to get profit from trading. Sometimes, regular trading profit may not be possible among small traders, but if a trader tries to hold short time, there is a possibility of his profit later. It is not possible to make a profit from trading for sure, but trading is definitely a good idea for those who can be satisfied with a small profit.I want to hear your opinion on this. Although the profit margin is low in daily trading, a trader has to be very smart in this type of trading. It is necessary to have knowledge about market trends and global economy, including business and commerce. In day trading, the loss can increase due to a slight mistake, which is why you have to be careful while taking trades. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: batang_bitcoin on February 03, 2025, 07:40:38 AM They are not wrong but it seems too easy to hear with small percentage in a daily trade is possible. While the possibility is there and it's very achievable, you'll never know how long you'll have to close your trades because volatility is our enemy and friend here. It becomes our friend if we make some profit and closing some trades is sometimes hard when we can't control our emotions thinking that we could achieve more. I think shield is right, don't underestimate trading and even it's going to be 1% or 5% of daily profit, don't be too comfortable everyday.
Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: traderethereum on February 03, 2025, 09:57:36 AM It is not easy to profit and achieve 2%-5% in trading because the market is so dynamic. But achieving 2% is not too high to try especially if they have good skill in trading. If they have more capital to trade, they will have more opportunity to make a profit and reach 2%-5% but that still difficult to achieve that percentage daily.
That will depend on the market moves because if the market moves good, they can expect to achieve bigger percentage. So the thing that we must concern is how we can analyze the market before we take action. So we need to be careful to analyze and no in rush in trading. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: tvplus006 on February 03, 2025, 10:25:26 AM ...As for liquidations, we just saw a $2.03 Billion amount of liquidated money during the last 24 hours, and I don't know if this is the biggest single day liquidation in the history of futures trading. Yes, it looks like it was the biggest liquidation of all time. And although we know that trading on the spot market is safer than trading futures, I think it's still sad to look at your balance sheet, which has significantly decreased. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Victorybit1 on February 03, 2025, 03:21:39 PM It's actually achieveable but it all depends on how careful you want to be, some traders take at least two weeks to get up to 3 percent Profit, some might even take as long as 6 months to achieve 5 percent Profit. Beginner traders using prop firm accounts trade like this so they don't end up blowing their account. But the market isn't all about being too careful it's about your knowledge and skillset. There are traders that can achieve 5 percent Profit a day because they have a well developed strategy. But a s a beginner I wouldn't advice you to do this.
Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: pawanjain on February 03, 2025, 04:59:18 PM I know we have some good traders on this forum, and this question is directly to you guys. I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? I want to hear your opinion on this. Let me tell you the real truth. Making 2% profit sounds very convincing in the crypto market seeing it's daily volume and volatility. But the harsh reality is that you won't be able to make this 2% profit daily and if you attempt it then you will lose more than what you have achieved. I have tried this myself with a bigger capital and I lost money. But may be you can be better than me in trading. I would say, try your luck with a smaller capital first, even if the profits are small that is okay but try to make daily profits for 1 month. If you are satisfied with the results then and only then increase your capital. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: alastantiger on February 03, 2025, 05:52:03 PM I know we have some good traders on this forum, and this question is directly From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? I won't say it isn't possible to get that result daily but I won't advice anybody to be trading every day because when you do that you're exposing yourself to the risk of the market as the market is too volatile. Over the weekend, the market crashed and alot of money was wiped out of the market which most of them were money from traders..I feel it's better to choose days which you're going to trade and that should be done after you have done some research for that day through analysis to avoid the market dumping in you and making you to lose. I see many traders don't follow the news to know what's happening hence they get caught unaware and they lose money. Getting a minimum of 2% to 5% when you trade is possible but don't guarantee anyone that you can give them that daily or they they can make that everyday because it mightn't be that possible to some traders that don't have the experience. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: BIT-BENDER on February 03, 2025, 06:06:52 PM Using this as a point, there are many stakers that would say they can correctly predict 3-5 odds easily and it would always play out, but to burst their bubbles this is not true because the truth is that it's uncertain.
I don't care how experienced you are you can not make 2% everyday from trading, if it was this easy everyone would be doing it, mind you make gain in trading another person is losing funds some where else. Trading is still uncertain you might have studied the partners of the market but regardless nothing is guaranteed. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Don Pedro Dinero on February 03, 2025, 06:08:36 PM In general, this is my personal way and seen from my experience and glasses that can be relied on, but yes this is not all other people and can get it, I also have to try to do it with a capital of more than $ 10K but mental pressure and too Mental readiness is different from us using only a small portion that you want to use in the Future market with a crazy fluctuation because it uses leverage. Seeing from the risks and failures that are definitely there in 1 week, you also certainly have a risk management even though what you use is a small money and you certainly know how much you can tolerate the loss as an SL in every position you are trading. I don't believe your supposed personal experience. Show a track record that you can show here of 2% daily (average) if you want me to believe you (let alone 5%, with which you would become a millionaire in a short time). Warren Buffet, known as the greatest investor alive, has a public track record of just over 20% per year. He says that if he had to play with less capital he could make up to 50%. That's 0.136% per day. Don't talk nonsense, you are a bad influence on people who don't know about it and get into trading with false hopes and end up losing all their money. Base on my experience in trading there is no guaranteed wins in it, yes the 2% to 5% profit is definitely not that impossible but it isn’t guaranteed, taking day trades for this percentage wins is simply just like someone who is scalping a trade with small time frame. This actually is best for large capital trades because with a 2% win in a $1000 trade the profit will be $20, imagine with the capital of $100k one will be at $2k profit which if gotten daily will be a really big win in like a month trade. Do you also believe that large capitals beat Buffet? Did you mean if the yearly average is taken? Or it must be daily? If you want such amount daily but which can fail but the probability of it to fail will reduce when you stop thinking about using stop loss and start trading with low amount of money. Learn about average and be wise about it because it is dangerous if misused. For yearly average, it is also possible. Another such. Are you going to show us the track record that beats Buffet? Back when I was starting in trading, I really thought that a mere 5% per day is achievable, especially in futures trading where your money can go up to 5% or even more in just a few minutes depending on the amount of leverage you put in your position. The more I trade, the more I realize that this is almost impossible to achieve. I mean the constant daily profits is impossible <...>. What is wrong with them is that they have not yet capitulated like you. They are in denial phase. getting 5% profit is easy, you can do it literally in 5 minute when <...> Really? So what are you doing here shitposting for sats? It's actually achieveable ... This thread is full of people like you who don't have a clue about trading and are writing rubbish to meet your quota. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Rockstarguy on February 03, 2025, 06:15:34 PM If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading.
Trading outcome can't be predicted, somedays one can be able to make good profit from trading and some days one can also lose . The outcomes in trading all depends on the market and other factors, sometimes traders achieves little profit but because of greed they feel it is too small and they continue with trading and at the end of the day they lose it all. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Roseline492 on February 03, 2025, 08:50:51 PM If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading. You have spoken my mind, if it was that way we wouldn't have been supporting holding in a anyway because you cannot see a sure 2% to 5% profits and wish to hold when you could make a lot of money, actually with that people who would have $12,000 will be expecting $240 everyday profit with 2% while 5% of this will be $600 daily, is not a minor profit. So actually I will tell the Op that since he had already included the impossibility that is how it is because this is so impossible that even a bot that can trade more human cannot get 2% or 5% everyday but however even if they get it for few days, later the consistent will become inconsistent. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Oshosondy on February 03, 2025, 09:05:07 PM Another such. Are you going to show us the track record that beats Buffet? Are you saying this is not possible? This is not about Warren Buffett but about a trader that can be able to make 2 to 5% daily. This is very possible but it can be time demanding and it requires a good strategy. If you trade and to do not make profit like that, that does not means that some people are not making such profit. But just that out of 100% people, less than 10% might make such profit. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: tvplus006 on February 03, 2025, 09:29:12 PM Are you saying this is not possible? This is not about Warren Buffett but about a trader that can be able to make 2 to 5% daily. This is very possible but it can be time demanding and it requires a good strategy. If you trade and to do not make profit like that, that does not means that some people are not making such profit. But just that out of 100% people, less than 10% might make such profit. It is impossible to consistently make such a profit of even 2%, since the market is unpredictable, which is confirmed by the latest dump, in which, according to the CEO of Bybit, traders lost about 8-10 billion dollars - https://x.com/benbybit/status/1886393172152156604 I admit that it is very easy to get 100 out of 10 dollars, violating all the rules of risk management, but it will be very difficult to increase your capital from 1 million to 10 million dollars, which, recalculated just, will amount to 2% profit per day. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Ultegra134 on February 03, 2025, 09:37:12 PM I'm not sure about daily; it sounds a bit too much. There are days that there aren't many price fluctuations to account for 5% profit. Some days it might be possible, some others not. It also depends on your capital; 2% might not seem much at $100, but it's a decent amount at $10,000. I used to trade a few years ago; I was aiming at approximately 6-8% profit per trade, not per day. I can't exactly specify the duration of each trade; some were conducted within one or two days after the initial purchase, and some others within the week.
I personally wouldn't be able to trade and achieve such a profit margin on a daily basis; it would require constant monitoring of the market, which is both time-consuming and stressful. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Oshosondy on February 03, 2025, 09:41:32 PM It is impossible to consistently make such a profit of even 2%, since the market is unpredictable, which is confirmed by the latest dump, in which, according to the CEO of Bybit, traders lost about 8-10 billion dollars - https://x.com/benbybit/status/1886393172152156604 I admit that it is very easy to get 100 out of 10 dollars, violating all the rules of risk management, but it will be very difficult to increase your capital from 1 million to 10 million dollars, which, recalculated just, will amount to 2% profit per day. You said people lost money in trading. That is normal because most people are losing.Or maybe we can go more on a reality than posting. 2% of $100 is $2. Should I trade $100 for 20 days to win $2 daily on a $50 bet between you and I? That would be $40 profit in 20 days. This would not be about millions of dollars because we should trade with the amount of money that we can afford to lose. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: tvplus006 on February 04, 2025, 10:13:44 AM Or maybe we can go more on a reality than posting. 2% of $100 is $2. Should I trade $100 for 20 days to win $2 daily on a $50 bet between you and I? That would be $40 profit in 20 days. This would not be about millions of dollars because we should trade with the amount of money that we can afford to lose. In this topic, we talk about the possibility of making a profit of 2-5% daily, rather than for 20 days. And you obviously know very well that it is much easier to double a small amount in trading than a large one. It doesn't take 20 days to make a profit of 40 bucks, just one trade and the right market direction are enough. I have not heard of such successful traders who would receive a profit of 720% per annum, which would actually be equal to 2% daily. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Don Pedro Dinero on February 04, 2025, 06:54:34 PM If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading. No it's not easy, it's actually close to impossible. You are another one of those who have no idea about trading and you come here to write here without having a clue saying what is going through your head to fill your quota. You have spoken my mind, if it was that way we wouldn't have been supporting holding in a anyway because you cannot see a sure 2% to 5% profits and wish to hold when you could make a lot of money, actually with that people who would have $12,000 will be expecting $240 everyday profit with 2% while 5% of this will be $600 daily, is not a minor profit. So actually I will tell the Op that since he had already included the impossibility that is how it is because this is so impossible that even a bot that can trade more human cannot get 2% or 5% everyday but however even if they get it for few days, later the consistent will become inconsistent. This is complete nonsense. It doesn't make sense at all what you are saying. Are you saying this is not possible? This is not about Warren Buffett but about a trader that can be able to make 2 to 5% daily. This is very possible but it can be time demanding and it requires a good strategy. If you trade and to do not make profit like that, that does not means that some people are not making such profit. But just that out of 100% people, less than 10% might make such profit. Nonsense. Prove what you are saying. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Zaguru12 on February 04, 2025, 08:51:47 PM If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading. No it's not easy, it's actually close to impossible. You are another one of those who have no idea about trading and you come here to write here without having a clue saying what is going through your head to fill your quota. I don’t want to force into this debate but there is one thing I know there is never a trader that actually gets a daily constant win, in fact the moment you have or set a daily target for trading is the day you have failed in trading for me, this daily strategy is what is makes most traders over trade and they end up losing everything. Is it possible to be profitable everyday? Yes it is, what is the percentage for this, it is same as a football team winning all their matches even if they are the best in the world. Rather I think a more suitable approach like a monthly target of getting 20% of your capital is better than daily. Yes there are traders in which one can get more than 100% of the capital in that trade this can cover up for the other days. People who go for daily profits of small percentage are usually gamblers to me holding large capital and most at times they usually get this in like 2 to 3 trades which usually isn’t profitable. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: JollyGood on February 04, 2025, 10:54:25 PM Maybe hitting a 2-5% margin is not impossible but doing it on a daily basis seems impossible. What would happen to the total profits if later there was a collapse in the market that resulted in a huge dump? Even if those profits were made they would be lost the moment any given coin lost significant value when it was dumped.
Having said that, even if a dump did not happen it would be very difficult or impossible to achieve any daily guaranteed percentage from trading. ...I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. .. I share the opinion of your friends, who also believe that 2-5% profit per day is impossible. The problem is that you will not be able to close all your orders with a profit, because you will definitely have unprofitable trades and liquidations are quite possible, which will not allow you to complete your task. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Woodie on February 05, 2025, 03:15:33 AM 2-5% everyday, No it's not possible !!
One thing people don't understand is that trading is one hell of a mind game, and emotions are involved. And here is how this goes, if you take a loss today...guess what tomorrow you will be trading with fear because that loss will be in the back of your head and you will trade with fear and most likely will result in gambling 🎰. For best results only trade your A setups and give your mind time to reset so that you aren't haunted by past results especially if it's a loss involved. Btw, profitable traders don't trade everyday...if it's a big account, 1-5% in a month is all you need! Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: qurbanshah02 on February 05, 2025, 08:25:11 AM 2-5% everyday, No it's not possible !! Now its talking about 2 to 5% trading profit from which coin would probably think about this coin if knew about it.One thing people don't understand is that trading is one hell of a mind game, and emotions are involved. And here is how this goes, if you take a loss today...guess what tomorrow you will be trading with fear because that loss will be in the back of your head and you will trade with fear and most likely will result in gambling 🎰. For best results only trade your A setups and give your mind time to reset so that you aren't haunted by past results especially if it's a loss involved. This goes hand in hand with the fact that we are now favoring larger coins like Bitcoin Solana is making more use of coins that have a higher value. If they lose, then there should be courage to be patient, but I think this is a work in which patience is very difficult. If we trade with fear then we will take loss next time also because it is going to do this with calmness and courage so trade with your mind clear it will definitely make profit and with this profit you can cover loss back. If this thing comes to us, we will be able to trade then go to profit and loss. It also goes slowly because it is neither that easy nor that difficult. It just has to have patience and tolerance as you are saying. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: LoyceV on February 05, 2025, 09:05:46 AM Math time: 2% profit per day means 137,000% profit per year. 5% profit per day means 540,000,000% profit per year. Anyone who would be able to do this wouldn't share his secret with the world.
Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Oshosondy on February 05, 2025, 10:28:07 AM In this topic, we talk about the possibility of making a profit of 2-5% daily, rather than for 20 days. And you obviously know very well that it is much easier to double a small amount in trading than a large one. It doesn't take 20 days to make a profit of 40 bucks, just one trade and the right market direction are enough. Let us do it like this: in the 20 days, I will make $40 profit and any amount more than $2 each day will be counted as $0 while only $2 will be valid each day. That means no loss at all in the 20 days.Math time: 2% profit per day means 137,000% profit per year. 5% profit per day means 540,000,000% profit per year. Anyone who would be able to do this wouldn't share his secret with the world. Is that a compound interest? I will only refer to simple interest. $100 each day to win $2 daily. A good trader should not focus on compound interest but simple interest. Compound interest is possible but it requires patience and not practical this way.We should not forget to trade with the amount of money that we can afford to lose. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: LoyceV on February 05, 2025, 10:34:48 AM Is that a compound interest? I will only refer to simple interest. $100 each day to win $2 daily. A good trader should not focus on compound interest but simple interest. Compound interest is possible but it requires patience and not practical this way. That makes no sense at all.Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Tigerheart3026 on February 05, 2025, 10:41:22 AM it's not impossible to make profit 2% or 5% in daily, but it's never possible in consistently because there are no guarantee about market condition,
so if you will make 5% profit on a day, then next day will come losses for you, because we can not predict price, so it's impossible to profits in regularly, i don't trade with target in daily basis, Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Oshosondy on February 05, 2025, 10:54:12 AM Is that a compound interest? I will only refer to simple interest. $100 each day to win $2 daily. A good trader should not focus on compound interest but simple interest. Compound interest is possible but it requires patience and not practical this way. That makes no sense at all.This is my this month success rate in trading but they are small amount of money: https://www.talkimg.com/images/2025/02/05/eIyAJ.jpeg I am not encouraging anyone to trade because it is very risky. It can even be dangerous than gambling if you do not understand it. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Strongkored on February 05, 2025, 12:02:47 PM I want to hear your opinion on this. I got advice from a trader some time ago that was almost the same as what you said 2%-5% is a very possible profit to be achieved by a daily trader, and I did it.For the initial time it was easy to achieve, but slowly everything started to become difficult so that slowly it was not a daily profit but a daily loss. 2%-5% profit per day is still difficult to achieve, because you need quite a large capital to be able to get a big profit, also if you have a large capital there must be a sense of dissatisfaction if you only get a profit with a percentage like that so you can increase your daily target and end up losing, the thing that is difficult for you to reject is that the market sometimes moves surprisingly so that it will damage your target. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Dr.Bitcoin_Strange on February 05, 2025, 12:03:58 PM If you manage to profit 2% daily, you'll become a millionaire within a few months with a capital of $1000. If you think that it's easy to make 2% per day with trading, you are hugely mistaken. It's not easy, unlucky days can present itself. Trading itself is not easy. But even if you don't make the 2% daily because there are some days that you would not trade because you didn't see entry position that was good enough. From my experience in trading, making 2% - 5% profit every day is very possible <cut> From your experience? And how many days have you been a trader if I may ask? Sure, you might hit those numbers on some days, or get lucky for a short period. But that's not consistent, reliable profitability. In the real world, consistently pulling 2-5% daily is statistically improbable for 99.99% of traders. Started trading a few years ago, but I haven't been more serious with trading in those years, like I was in 2024. I believe you saw a thread of mine where I complained about burning my account. Actually, why I said every day is because, there are moves in price which possibly can give that 2% if one took the trade, but the ability of one to take trades on a daily, is determined by the persons strategy and not just because they want to rush and take 2% profit on a daily. Normally, losses would occur, that's why I said determined by one's strategy, there're days when you could set to take a trade but you might not take trades for that day because your strategy did not play out and you don't want to risk it blindly. Again, you might still not take trades the following day because your strategy did not also play out. So, stating that, "making 2% - 5% profit every day is very possible." I simply mean that, based on steady moves in the market on a daily, can possibly yield that 2%, if anyone took the trade, but what give people the ultimatum to take trade is their strategy. So, there are days you will not take the trade because your strategy is not going as analyzed. I didn't specifically say that, "anyone", neither did I say, "all traders" Can make 2% daily. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: examplens on February 05, 2025, 12:14:16 PM I want to hear your opinion on this. I got advice from a trader some time ago that was almost the same as what you said 2%-5% is a very possible profit to be achieved by a daily trader, and I did it.For the initial time it was easy to achieve, but slowly everything started to become difficult so that slowly it was not a daily profit but a daily loss. 2%-5% profit per day is still difficult to achieve, because you need quite a large capital to be able to get a big profit, also if you have a large capital there must be a sense of dissatisfaction if you only get a profit with a percentage like that so you can increase your daily target and end up losing, the thing that is difficult for you to reject is that the market sometimes moves surprisingly so that it will damage your target. It's not the same when you do it for a week or a month, and it's something else entirely if you do it successfully for years. Also, in a bull market, when many currencies repeatedly touch ATH, it is not impossible to make daily profits even for less skilled traders. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Peanutswar on February 05, 2025, 03:16:52 PM It seems you are doing a small trades if you think you'll get satisfied with your gains it's good but it seems these percentage matters depends on your capital let's say it's just a 100$ and in that part of percentage still it's small so I guess ideal still more than a percentage of your capital let's say this could be ideal. Now also recommend to separate the wallet for holdings and trading so even you are actively doing trade there's a hold in your other wallet that makes you more confident you have another percentage of wins but we'll hits different because gain from the Percentage of long term holding and percentage in actively doing trades.
Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Don Pedro Dinero on February 05, 2025, 05:28:19 PM Started trading a few years ago, but I haven't been more serious with trading in those years, like I was in 2024. I believe you saw a thread of mine where I complained about burning my account. Okay, so you didn't do very well. Actually, why I said every day is because, there are moves in price which possibly can give that 2% if one took the trade, but the ability of one to take trades on a daily, is determined by the persons strategy <...> A so-called strategy that hasn't worked for you and you think it works for others. What has eaten into your head are influencers and trading ads that try to sell you something that is not real. and not just because they want to rush and take 2% profit on a daily. Normally, losses would occur, that's why I said determined by one's strategy, Again, what strategy? Can you post a link to that proven strategy that yields 2-5% daily? there're days when you could set to take a trade but you might not take trades for that day because your strategy did not play out and you don't want to risk it blindly. Again, you might still not take trades the following day because your strategy did not also play out. So, stating that, "making 2% - 5% profit every day is very possible." I simply mean that, based on steady moves in the market on a daily, can possibly yield that 2%, if anyone took the trade, but what give people the ultimatum to take trade is their strategy. So, there are days you will not take the trade because your strategy is not going as analyzed. I didn't specifically say that, "anyone", neither did I say, "all traders" Can make 2% daily. It doesn't matter, the number of traders who can make that kind of profitability tends to 0 as you take longer time samples. Is that a compound interest? I will only refer to simple interest. $100 each day to win $2 daily. A good trader should not focus on compound interest but simple interest. Compound interest is possible but it requires patience and not practical this way. That makes no sense at all.It does make sense what he says, but it is not real. You are compounding interest and he is thinking about simple interest, but either way is bollocks as long as you take sufficiently long time samples. A person with $1,000 in his account can make trades in a month, where one day he makes 3%, the next day he loses 1% etc, but at the end of the month he has made 2% a day. That would be $600 for a 30 day month. He then takes the money out to spend and continues to trade the next month. That would be $7,300 profit per year. Anyone who knows anything about investing knows that's out of the question. But if we go to the ‘easy’ 5% he will make 18,250. But if we compound on the interest as you assume the numbers are much higher, yes. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Oshosondy on February 05, 2025, 05:35:01 PM It does make sense what he says, but it is not real. You are compounding interest and he is thinking about simple interest, but either way is bollocks as long as you take sufficiently long time samples. It may not be real and any trader can make mistakes at anytime which can let someone to make profit today and make loss tomorrow. But I will still like to bet with you on a 20 day trading of earning $2 daily with $100 trading capital. Any extra amount will not be counted. Only $2 daily are valid which means I have to win $2 for 20 days, making $40 in total. If I lose a single day, you win the money. Probably I might lose but let us try it to make the trading discussion fun.A person with $1,000 in his account can make trades in a month, where one day he makes 3%, the next day he loses 1% etc, but at the end of the month he has made 2% a day. That would be $600 for a 30 day month. He then takes the money out to spend and continues to trade the next month. That would be $7,300 profit per year. Anyone who knows anything about investing knows that's out of the question. But if we go to the ‘easy’ 5% he will make 18,250. But if we compound on the interest as you assume the numbers are much higher, yes. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: tvplus006 on February 05, 2025, 11:22:12 PM ...Should I trade $100 for 20 days to win $2 daily on a $50 bet between you and I? That would be $40 profit in 20 days. Let us do it like this: in the 20 days, I will make $40 profit and any amount more than $2 each day will be counted as $0 while only $2 will be valid each day. That means no loss at all in the 20 days. I don't mind making a bet with you if you really can't wait to test your luck for 20 days, although I don't understand where this figure comes from) The only thing I don't understand is how you can confirm your successful trade so that I don't doubt it. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: Oshosondy on February 06, 2025, 03:04:32 AM ...Should I trade $100 for 20 days to win $2 daily on a $50 bet between you and I? That would be $40 profit in 20 days. Let us do it like this: in the 20 days, I will make $40 profit and any amount more than $2 each day will be counted as $0 while only $2 will be valid each day. That means no loss at all in the 20 days. I don't mind making a bet with you if you really can't wait to test your luck for 20 days, although I don't understand where this figure comes from) The only thing I don't understand is how you can confirm your successful trade so that I don't doubt it. https://www.talkimg.com/images/2025/02/05/eIyAJ.jpeg If it is a loss, the bar for the day will be in red. Each bar represents one day. The PnL that I means. Something like this: https://talkimg.com/images/2025/02/06/ekOGg.jpeg I will fund the account with just $100 and also be showing the balance daily. I created a thread for Don Pedro Dinero and I already (https://bitcointalk.org/index.php?topic=5529140.msg65030559#msg65030559) but I can edit it to also include your name. Or if you want me to create a separate thread also about it, I can just do it and we are going to begin it. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: justdimin on February 06, 2025, 09:21:04 AM From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m. It is not impossible to achieve it for a day, the hardest part is to average that every single day. Why do people not really calculate what that means over long term? I mean why is it so hard to just make a google search to calculate that? I mean by logic, if you invest only 100 dollars, and make 2% per day, that's going to be 137k dollars after just one year, after just ONE year, you are going to go from 100 dollars to 137k dollars. Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience? Do you really think that's possible? Just because you think 2% may look "small" to you, does that mean it is possible? Of course it is not, of course you are not going to make that kind of money. Hell, if you do it only for 3 years, I am not even talking about for decades or something, just three years, with bare minimum 2% a day, you will turn 100 dollars into 261 BILLION dollars. You go figure yourself if it's possible. Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: tvplus006 on February 06, 2025, 10:58:00 AM I created a thread for Don Pedro Dinero and I already (https://bitcointalk.org/index.php?topic=5529140.msg65030559#msg65030559) but I can edit it to also include your name. Or if you want me to create a separate thread also about it, I can just do it and we are going to begin it. No problem, I'll be watching your challenge from the sidelines. Of course, I am skeptical that you will be able to fulfill your plans, because I know that you disregard the rules of risk management in your trading, but nevertheless I wish you good luck) Title: Re: Is 2% or 5% profit impossible to be archived by a trader on a daily? Post by: shield132 on February 06, 2025, 01:41:00 PM If you manage to profit 2% daily, you'll become a millionaire within a few months with a capital of $1000. If you think that it's easy to make 2% per day with trading, you are hugely mistaken. Not a few months but if you start with $1,000 today on 2 February 2026 you'll have $1,377,408.29. One of the things people least understand, even in economic forums like this one, is the power of compound interest. I've gained some good profits sine 2020 but I wasn't consistent because I was still a newbie in trading but recently I've made 300% profit from it. Besides Bitcoin, there are some other good altcoins that can generate a good profit too. So, stating that, "making 2% - 5% profit every day is very possible." In theory, making 2% - 5% profit every day is possible but in reality, it is not, it's not possible for anybody because imagine that you bought Bitcoin at $100 000 and you want 2% profit but unlucky for you, Bitcoin is going down to 90K, then 80K, then 70K, now you are panicking and sell and once you sell, Bitcoin starts recovering and then you regret it, buy again and this is how people get trapped into the endless losing cycle.I simply mean that, based on steady moves in the market on a daily, can possibly yield that 2%, if anyone took the trade, but what give people the ultimatum to take trade is their strategy. So, there are days you will not take the trade because your strategy is not going as analyzed. I didn't specifically say that, "anyone", neither did I say, "all traders" Can make 2% daily. |