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Author Topic: How much can you make day trading?  (Read 170 times)
bpchill12 (OP)
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March 07, 2018, 04:17:52 AM
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How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
BTCLovingDude
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March 07, 2018, 04:54:15 AM
 #2

there really isn't any limits on how much profit you can make when it comes to trading altcoins. it can be from -100% (or losing everything) up to 10000% pure profit. and this is in fact why this market is considered highly risky and it is also because of the many manipulations that take place in this market.

if you are already familiar with the market and have been successful so far and also if you are a careful trader not a reckless one, i'd say a 5% profit daily or at least every 2 days is a reasonable thing.

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mmo4me.2016
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March 07, 2018, 05:06:31 AM
 #3

How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
5% is the ideal number! If you are lucky, may be better but Investing in virtual money is quite risky! Not sure will get profit.
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March 07, 2018, 05:09:33 AM
 #4

How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

Aim high for like 5-6% a day if you can. If not, 2-3% everyday consistently is a good margin to make.
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March 07, 2018, 05:13:21 AM
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strategy is very important in crypto money world. Before you decide how to invest. the amount of money for daily trading is not important, I think the profit target is important.
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March 07, 2018, 05:16:30 AM
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It depends on the current run on crypto's price, if the trend of the market is downward you may get less profit than when the market price is upward. This is just one of the factors that affect the profitability in day trading.
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March 07, 2018, 05:17:59 AM
 #7

I think it is very difficult, even if you have a good trading strategy, you also can't every operation is correct, so I want to at most a day on average 5% of revenues is a very good thing, short most of the time I won't do the deal.

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March 07, 2018, 05:22:01 AM
 #8

I think 5-10% of my balance, but sometimes it's defisit because very influaktive market. So if your skill okay it's just a little trouble.
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March 07, 2018, 05:29:06 AM
 #9

How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
You can make more than $10-$50 for that amount daily if you are not that too greedy at all. Percentage given above are ideal like 2-5% per day. You should make your own game plan but its not guaranteed that you can also earn all the time. You will went through different trials and upsets if you will not that careful on what you do. But if you are really that good from being intermediate trader you will become an expert and you are good at reading charts, you can earn more than the amount I gave.

cool kong
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March 07, 2018, 05:30:09 AM
 #10

I trade about $400,000 a week, which is not very high. I am satisfied with a few percent at a time. I only buy BTC when the price of BTC falls sharply.

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March 07, 2018, 05:39:15 AM
 #11

I think you should be aiming for a few percent daily trading but you need to be very skilled with charts or pattern recognition to be able to spot the high and low turning points in each session. I have gone for the strategy of investing in ICO with a view to turning a quick 20 - 25% profit for 2 - 4 week investment time. It means I don't have to screen watch all day either just be ready on token release day.

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skelethon
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March 07, 2018, 05:41:27 AM
 #12

How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

No one can really say, it depends too much.
bastian466
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March 07, 2018, 06:03:56 AM
 #13

it's hard now getting $ 500 for me in trading because my balance is a bit, got $ 200 profit is big enough, I'm not good at trading

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cryptoblue
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March 07, 2018, 06:07:21 AM
 #14

It depends on the market situation. If you are experienced and have got decent skills then you can make a reasonable amount, but it all depends how the market is behaving.

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March 07, 2018, 06:09:26 AM
 #15

How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.
day trading did not really good to pick because have higher risk than long term trading, at past when i do day trading activity it is only 5-10% because coin's price not always like what we want

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March 07, 2018, 06:09:59 AM
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How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

for this matter can not be fixed can i get advantage how much, because I do not know the market will tomorrow, it's just a hope to fit with analysis which have been in the plan.

and it also depends on the capital used in trading, let's just say I can get 5% in 1 week with insurance risk that I spend by 10%
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March 07, 2018, 06:13:18 AM
 #17

How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

Depends how good you are, of course. A lot of people say more or less 5% on average.
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March 07, 2018, 06:23:14 AM
 #18

It all depends on the situation on the market. There is a week that does not make a profit for me. It happens 5-10% a week, and sometimes you buy and the coin gives 10-20%!) There are naturally losses, but without them there is no trading.

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March 07, 2018, 06:26:15 AM
 #19

How much can you make a week if your day trading off of $500 a week? Lets say if your an intermediate trader and know some decent skills.

I think the aim of making as much as you can is counterproductive as it will lead to overreaching on trades and buying or selling after the optimum point.
The best approach is to aim for a certain % on each transaction, and then when you hit that, finish the trade. It is generally better to buy when everyone is selling, and sell when everyone is buying.
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March 07, 2018, 06:36:58 AM
 #20

You may multiply your 500usd ten times in five minutes or have some 10% a week. Day trading is a lottery, although there is little likelohood you lose it all fast.

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