What do you think is a good sustainable % to make from day trading?

[bL4nkcode]

Most traders do with at 1-2% profit for day trading with stop-loss to minimize the loss. Its too risky doing day trade, thats why a small increase and decrease of price should be monitored. While its easy to suggest and recommendations, the working process which will be a profit and loss is too hard.

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[bitvalak]

In my opinion a 3% -5% presentation is the most reasonable for daily trading, especially for the long term. Maybe you can just make tens or even hundreds of percent in a day, but it is very risky for the development of your balance.
Determining a maximum target of 5% per day is one of the healthy trading methods for me because it won't overload my psychology too heavily. Sometimes what I find is that many people chase the target of tens of percent in a day and then use very minimal capital, which is very risky because it will more often experience a condition of fear and greed. Our target is to be able to survive for the long term we specify.

[Distinctin]

In my opinion a 3% -5% presentation is the most reasonable for daily trading, especially for the long term. Maybe you can just make tens or even hundreds of percent in a day, but it is very risky for the development of your balance.

The market isn't just healthy enough for the traders to reach that amount, unless if we are in the bullish market trend but we are still at lows and even garnering 1% gains every day is still a challenge.

Determining a maximum target of 5% per day is one of the healthy trading methods for me because it won't overload my psychology too heavily. Sometimes what I find is that many people chase the target of tens of percent in a day and then use very minimal capital, which is very risky because it will more often experience a condition of fear and greed. Our target is to be able to survive for the long term we specify.

And they achieve their target? Cause I don't think so and chasing such amount will only disappoint us because actually it is so hard. Day trading is really a tough job, most of the traders using this strategy have ended up pretty quick.

[thecodebear]

In my opinion a 3% -5% presentation is the most reasonable for daily trading, especially for the long term. Maybe you can just make tens or even hundreds of percent in a day, but it is very risky for the development of your balance.

The market isn't just healthy enough for the traders to reach that amount, unless if we are in the bullish market trend but we are still at lows and even garnering 1% gains every day is still a challenge.

Determining a maximum target of 5% per day is one of the healthy trading methods for me because it won't overload my psychology too heavily. Sometimes what I find is that many people chase the target of tens of percent in a day and then use very minimal capital, which is very risky because it will more often experience a condition of fear and greed. Our target is to be able to survive for the long term we specify.

And they achieve their target? Cause I don't think so and chasing such amount will only disappoint us because actually it is so hard. Day trading is really a tough job, most of the traders using this strategy have ended up pretty quick.

Yeah 3-5% is outrageous for the long term. Sure during periods when Bitcoin is booming that is very possible, but long term no way. We have to remember most traders LOSE money. So yeah even hitting 1%/day long term is extremely good. 1%/day compounded is doubling your money every 70 days. Which means 2 years of 1%/day would turn $10,000 into $10 million (1000x gains!!!!!), well assuming you didn't have to pay taxes on it in the meantime. I'd find it hard to believe there is a single person who has 1000x gains in 2 years, even if someone very skilled in trading tried to make 1%/day from beginning of 2016 to end of 2017, given that whole period was a huge bull run, I doubt they could come close to 1%/day for that whole period - the market itself I think gained like 50x during that time, so that would mean the trader would have outdo the market by 20x!

[Omega Weapon]

If you day trade Bitcoin/USD, through ups and downs in the market, what do you think is a good percentage of your total trading stash to make on a daily basis over a long period of time?

It really depends on what are your abilities as a trader, let us suppose that you are able to double your money with day trading each year, if we apply the formula of compounded interest we get that in order to get the profits you want you will need to get 0.3014% daily, however that percentage does not take into account the fees and the taxes you could need to pay for those profits so you will need a higher percentage to double your money every year, but if you could only profit from the market 50% per year then you will need to earn 0.2513% daily before taxes.

[gabbie2010]

If you day trade Bitcoin/USD, through ups and downs in the market, what do you think is a good percentage of your total trading stash to make on a daily basis over a long period of time?

Well with the way btc moves, i think 1 to 2% daily should be a decent amount if you're day trading. Bitcoin isn't moving that much and yeah, it goes up and down a few hundred dollars, but if you want to be at least the safest, and i think this doesn't apply just to btc, less than 5% profit a day would already be a good haul. Most of us don't even get to break even at the end of the day.

2% daily profit as a day trader is quite reasonable and decent if made consistently in addition to compounding, some traders capitalizes on the daily up and down of bitcoin to make profits while attimes break even as a result of high volatility of bitcoin as you rightly said however the feat daily consistent profits requires some level of expertise unlike long term trading.

[ultrloa]

If you day trade Bitcoin/USD, through ups and downs in the market, what do you think is a good percentage of your total trading stash to make on a daily basis over a long period of time?

Well with the way btc moves, i think 1 to 2% daily should be a decent amount if you're day trading. Bitcoin isn't moving that much and yeah, it goes up and down a few hundred dollars, but if you want to be at least the safest, and i think this doesn't apply just to btc, less than 5% profit a day would already be a good haul. Most of us don't even get to break even at the end of the day.

2% daily profit as a day trader is quite reasonable and decent if made consistently in addition to compounding, some traders capitalizes on the daily up and down of bitcoin to make profits while attimes break even as a result of high volatility of bitcoin as you rightly said however the feat daily consistent profits requires some level of expertise unlike long term trading.

Reasonable for people who got a huge funds since they can feel the profit generated for that day but for those people who trade with small amount? Provably it will be a waste of efforts for them since they will accumulate a little volume. And people need to consider that before they apply some strategies since huge funds is the most important thing in trading to get a better result.

[Images21]

If you day trade Bitcoin/USD, through ups and downs in the market, what do you think is a good percentage of your total trading stash to make on a daily basis over a long period of time?

I don't think there is an advisable or fixed recommended percentage. It will matter how much amount of money you have to start with. You cannot make say 5% daily if what you have initially is just a hundred bucks. That would give you an insignificant dent. It might also matter how good you already are in the market game. But of course it grows over time. If you have $20,000 in your trading wallet, you can very well play 5% daily. That is enough to last your trading for a longer period.

[tbterryboy]

Nobody claims that making a sustainable % would be possible, however we can talk about averages here.

Like you can make a 10% profit on Monday but lose 2% of it on Tuesday, that doesn't mean you can talk in daily terms like that, but you just take an average of it. Making some sort of 0.05% average per day profit would be good, that is around 20 percent increase yearly, around 18 or so actually but good enough.

I know that is not really what people here looking for, everyone wants to make 100%+ increase and want to get rich but reality is if you can make 20% profit in dollars for 10 years in a row back to back, you can actually get very rich (depending on where you start) and if you continue to do that 50 years in a row! you will become like warren buffet as well.

[Omega Weapon]

I know that is not really what people here looking for, everyone wants to make 100%+ increase and want to get rich but reality is if you can make 20% profit in dollars for 10 years in a row back to back, you can actually get very rich (depending on where you start) and if you continue to do that 50 years in a row! you will become like warren buffet as well.

That is the thing, everyone wants to become rich in just a few months and trading does not really work like that, earning 20% in profits every year is an extremely good performance, if you can pull off results like that in other markets I can assure you that you could leave your job and become a financial manager and you will have investors knocking at your door for those kind of consistent results, so people need to put their feet back on the earth and reduce their expectations and try to get what the market gives you.

[hendra147]

If you day trade Bitcoin/USD, through ups and downs in the market, what do you think is a good percentage of your total trading stash to make on a daily basis over a long period of time?

i think 2%-3% per day its enough, if we can continue the profit we can make arround 60%-90% permonth, its really a big profit.
but its not a simple as we think, sometimes we must holding when we lost but sometimes we must ready to cut lost, just do it with your own strategy of trading

[TitanGEL]

It is impossible to have consistent earning everyday in the market, I do not trade everyday because there is no holy grail strategies that I can use anytime to make profit. I only trade when I see a opportunity, like right now; most of the coins are keep breaking out in their major resistance and for me it is a opportunity that I should not miss. It is not realistic to have profit per day because there will be times that our prediction will not happen like what we expected.

[killerfrost]

If you day trade Bitcoin/USD, through ups and downs in the market, what do you think is a good percentage of your total trading stash to make on a daily basis over a long period of time?

i think 2%-3% per day its enough, if we can continue the profit we can make arround 60%-90% permonth, its really a big profit.
but its not a simple as we think, sometimes we must holding when we lost but sometimes we must ready to cut lost, just do it with your own strategy of trading

2-3% profit per day, that's a huge number in this market if you have a large amount of capital investment. I am also a trader but I don't make a profit every day, normally I set a goal every month, and every month I try to make at least 20% profit. And that's really my success for this market, to be honest, it's hard for you to make 2-3% of your profits every day.

[Reid]

How much do you want to make daily?
If you can think about a good number which will already provide everything you need in a day plus savings in case of loss then it might go smoother.

Example is you just need $15 everyday. You will try to reach that number or almost near it everyday.
You will also need to add the cost in your electricity.  

Now your capital, let is say you just need 0.1BTC and then somehow could rotate that with daily pumps which happens per minute.
Then, you are a daily trader.  

[Beparanf]

It is impossible to have consistent earning everyday in the market, I do not trade everyday because there is no holy grail strategies that I can use anytime to make profit. I only trade when I see a opportunity, like right now; most of the coins are keep breaking out in their major resistance and for me it is a opportunity that I should not miss. It is not realistic to have profit per day because there will be times that our prediction will not happen like what we expected.

It's not convenient to do day trading nowadays, we know the market is not stable and too volatile, we will need to give too much time doing it. I think its good to look at the market once in awhile and decide which bracket or range the price is suitable to trade with. And if reach within that range then thats the time to trade. Plan well and make it happen.

[iram3130]

If you are really concentrated on trading and know the basics, then 1-3% is possible per day, Dont think that its too small but think that if you continue to make it everyday then its a good amount for a month time or more. It is not an easy task and sometimes you may do well or get a loss but keep trying and be attentive towards news, the market fluctuates on news.

[justdimin]

Everyone forgets about the long term, they are seriously forgetting what you can do in the long term with the amount of money you have and the % they are suggesting that is possible. Just to give an example; If you invest 1000 dollars to start, make %2 every single day, after 1 year you will have 1337402 dollars, that is 1.3 million dollars!

Nobody gets from 1000 dollars to 1.3 million dollars in a year, you have to probably invest 1000 dollars to some obscure ICO and suddenly that coin gets pumped to hell and you get out in time and have to do that like 5 times in a row, which is literally impossible. Even at 1% a day you are looking at 37k, which is not as impossible, you may achieve it but still quite tough to make x37 in a year as well.

Regular exception in crypto could be about %0.3 because that makes it from 1000 to 3000ish, that is realistic at least.

[adaseb]

If you could only make 0.10% a day you would eventually be a billionaire, even with a small starting balance. The issue is that its very difficult to be consistant.

There are times when Bitcoin trading is easy when we got clear trends and you can just catch the trend but there are many times when there is no volume and it just trades sideways like it does many days. Look at the daily chart and see how many times we had a daily inside close day, its more often then you think.

Hence if you try and trade those choppy days you will most likely get "chopped up" and most of your losses will go to brokerage fees and the spread. So this is why its easier said then done. Its like the stock market, it goes up and down many %'s of the day but its even very difficult catching 0.1% of that move before it starts to move against you and result in losses.

[exstasie]

If you could only make 0.10% a day you would eventually be a billionaire, even with a small starting balance. The issue is that its very difficult to be consistant.

There are times when Bitcoin trading is easy when we got clear trends and you can just catch the trend but there are many times when there is no volume and it just trades sideways like it does many days.

"Sometimes no trade is the best trade." Any trader who doesn't learn and understand that probably won't survive long term. Forcing trades based on marginal setups during choppy markets is one of the quickest paths to to failure.

That's what a lot of people throwing out these "% per day" estimates don't understand. Not only are they not accounting for the long break-even and losing stretches that even great traders must endure because of variance, but they aren't accounting for choppy/range markets that offer diminished profitability. Beyond skill and risk management, good long term profitability as a trader probably indicates one of two things:

• You don't trade that often (for example, swing traders who primarily ride strong trends)
• You trade many markets (not just BTC, not just crypto) so you are always capitalizing on strong trends

[Omega Weapon]

If you could only make 0.10% a day you would eventually be a billionaire, even with a small starting balance. The issue is that its very difficult to be consistant.

There are times when Bitcoin trading is easy when we got clear trends and you can just catch the trend but there are many times when there is no volume and it just trades sideways like it does many days. Look at the daily chart and see how many times we had a daily inside close day, its more often then you think.

Hence if you try and trade those choppy days you will most likely get "chopped up" and most of your losses will go to brokerage fees and the spread. So this is why its easier said then done. Its like the stock market, it goes up and down many %'s of the day but its even very difficult catching 0.1% of that move before it starts to move against you and result in losses.

Exactly, compound interest will assure you that as long as you can obtain profits at that level then you will eventually make a lot of money but as you say the issue is the consistency, it is impossible to earn that every single day, you could have a day in which you earn 10% but then you lose 9 days in a row and all the profits that you had got erased because of this string of consecutive losses, the worst part is that it is impossible to avoid those losses since no one can accurately predict the future.