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Author Topic: which is easier 1-2% a day or 20-30% per month  (Read 19218 times)
QuadsPoker
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December 15, 2018, 03:25:22 PM
 #61

My opinion is that 1% daily must be an achievable goal.
You only have to exclude losing trading as much as possible.

Me personally I chase my 1% goal every day but to achieve this I do as many trades as possible and take as many micro profits as possible. Its like value betting in sports betting by adding a huge volume in bets (trades) you can decrease the variance more or less.

For this huge volume of trades I mostly only use Bollinger bands and apply my dip strategy combined with the Bollinger bands.

But anyway I do not claim that you will be profitable every day but my personal experience learns me I m profitable 80% of my trading days. And the days I am not profitable losses are minimalistic. Putting only 1-5% of your total balance in 1 trade than you can minimise your losses if a trade goes wrong.

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December 15, 2018, 05:02:43 PM
 #62

In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.

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QuadsPoker
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December 15, 2018, 06:03:25 PM
 #63

In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.

why do people say it is impossible to trade? I made multiple profitable trades today like I do everyday. and I use the same simple strategy that can be used in bear and bull market

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December 15, 2018, 06:48:44 PM
 #64

In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.
maybe the trader must choose one of them and make a good plan in order to achieve it. but nowadays there are so many people who stop and look for new things that can make money. of course it all depends on you and the decision is in your hands.
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December 15, 2018, 10:39:45 PM
 #65

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
It is not hard to do when market is at the good condition. But 1% to 2% daily profit is impossible in a bearish season. Probably, it is achievable in 20% per month because we can make a long strategy dealing with our hold coins and etc. But, it is also difficult to make profits if time by time, we lose our capital. I do not have strategy in bear market than to hold or scalp.
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December 15, 2018, 10:56:52 PM
 #66

Crypto price fluctuations continue to occur almost every minute or hour, and I prefer daily trading to get 1-2% profit per transaction per day and that of course I am sharing a coin portfolio that maximizes profit and minimizes loss

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December 16, 2018, 01:37:05 AM
 #67

I've started trading in various markets over a decade ago, because I looked at the markets how they move hundreds of points everyday, I figured I am smart enough to make at least 1% daily. And let me tell you... its much easier to lose 1% daily than to make it... especially consistently.

I think you are better off trading the longer terms but you need to realize you won't make 20% unless you take significant risks. Trading now, especially in these bear markets is very difficult. The bull markets were easy but they don't last forever.

These markets are all zero-sum. For you to make money... someone has to lose it. And it will most likely be you.

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December 16, 2018, 06:21:28 AM
 #68

We will not be able to find a stable number in the crypto market and I advise you to give up that plan.
This is because a volatile market will never give investors a stable return. It can make us say 15% of today's property value, but tomorrow it will make us lose more than 30%. Grin

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December 16, 2018, 09:09:46 AM
 #69

We will not be able to find a stable number in the crypto market and I advise you to give up that plan.
This is because a volatile market will never give investors a stable return. It can make us say 15% of today's property value, but tomorrow it will make us lose more than 30%. Grin

I agree in a fact that there is no stable return in cryptocurrency and it actually depends on how the market runs. Sometimes we lose, sometimes we win and that also depends on your trading strategy plus applying your experiences will also give you better understanding where to sell or buy it back. Gaining and loosing can be controlled if you are a day trader and using the stop limit / stop loss tools properly. Controlling your emotions is always a must.
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December 16, 2018, 02:26:17 PM
 #70

We will not be able to find a stable number in the crypto market and I advise you to give up that plan.
This is because a volatile market will never give investors a stable return. It can make us say 15% of today's property value, but tomorrow it will make us lose more than 30%. Grin

I agree in a fact that there is no stable return in cryptocurrency and it actually depends on how the market runs. Sometimes we lose, sometimes we win and that also depends on your trading strategy plus applying your experiences will also give you better understanding where to sell or buy it back. Gaining and loosing can be controlled if you are a day trader and using the stop limit / stop loss tools properly. Controlling your emotions is always a must.

Yea, crypto all runs on the how the market. Most of the time, especially this year, we lost it. Smiley

I guess controlling your emotions applies to all aspect of life, not just in crypto. Smiley

Anyways, about the topic, both of the options are quite the same. 1-2% per day is too good to be true.

20-30% per month is quite reasonable if you're experienced.
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December 16, 2018, 07:26:56 PM
 #71

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

For a beginner in the market, it's better to start with 1-2% a day consistently and to learn more trades as possible to find your effective system that you can use to just trade a few times but can yield the same result when your trading more often. Efficiency wise it's better right and you can do this not just to one market, you can also try this to others that will give you more leverage.

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December 18, 2018, 09:29:28 AM
 #72

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
None of them are easy. It’s easy to say but it’s not easy to do. How do you plan on going for that? Through a short term trading or long term Hodl? If you Hodl to make 20% to 30%every month, you wouldn’t be sure it that’s going to work cause price can be something by the end of the month. Short term trading is even the most difficult.
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December 18, 2018, 01:23:18 PM
 #73

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

I think realistic target it will helpful and 1% - 2% a day is very great take profit point, in many reason this is the best one. To reach 1 - 2% is not easy but we all know take profit point has small range with stop loss. Because of that if you fail you can fix your strategy and test again, not too high or hard to reach as long you never repeat the same mistakes again, trust me.

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March 05, 2019, 03:09:22 AM
 #74

Its more difficult to gain profit everyday so we should be have target profit by monthly.  20%-30%  of profit amonth is possible in this situation  of market. And by use coompound strategy we can make more profit.  The most important thing to get that profit is we should  use stop loss and trailling stop for each trade.

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March 05, 2019, 04:06:21 AM
 #75

1-2% is possible, but I will not say "easier" since we are still in the bear market condition. Don't expect 1-2% profits on a weekend since trading on Saturdays and Sundays are slow. Same with Friday, what I have observed is that on a Friday, price of coins starts to go down a bit then price will start to pick up again on a Monday and Tuesday. 
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March 05, 2019, 04:06:30 AM
 #76

In theory, both of these goals are quite feasible! The main thing is to correctly distribute your capital to divide it into several parts, even if you trade on one cryptocurrency.
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March 05, 2019, 05:04:37 AM
 #77

In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.
you are right, we cannot dictate the condition of the price will always be the same as your expectations, so use a flexible strategy, do not use the fix target, because you may not be able to profit as much as that day or month ? adjust to market conditions. but for me 1% each day its much better
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March 05, 2019, 07:02:42 AM
 #78

In the present market situation, neither of these are easier, but 20-30% per month would be reasonable. If you are an experienced trader then you can get both of these without much difficulty.

Yes, both of the targets are impossible to achieve in the current market conditions. We are seeing more and more dump each day and i am sure good traders have stopped trading for the time being, until the bitcoin bottom  is clear.
you are right, we cannot dictate the condition of the price will always be the same as your expectations, so use a flexible strategy, do not use the fix target, because you may not be able to profit as much as that day or month ? adjust to market conditions. but for me 1% each day its much better
If me which one can give me profit, i will do it. But 1% each day actually will really affect if we have a lot of capital. And that thing always happen in anywhere, play safe with big capital and whoever have big capital might can get high profit.

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March 05, 2019, 07:47:29 AM
 #79

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month

getting 1-2% is a lot easier than getting 20% over a month.  there will be days where you'll gain more than 2% a day as there will also be days where you'll lose more than 2% a day.  but getting 20% over a month means getting more gains daily than losing ones.  and to gain 1-2% daily for the majority of the days over the month requires more studies, research, analysis, tips and good luck.
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March 06, 2019, 02:33:32 PM
 #80

Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
I don't think getting 2% everyday is very realistic because the market cannot be good all of the time, and if I do my maths well, getting 2% daily will give me a total of 60%  in a month which is double the 30% which I was supposed to get, so why will I like taking 30% in a month than taking 60%.

It is just like saying that I should choose from being paid $500 daily or I should get $5000 monthly, if it were to be you, which are you going to choose? Let us talk about things that are realistic.
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