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Author Topic: What do you think is a good sustainable % to make from day trading?  (Read 710 times)
criza
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February 10, 2020, 02:40:10 AM
 #41

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 would vary from day to day standing in the coin market. The increase and decrease in the value of a certain coin is different from everyday so you must also take into account the highest and lowest possible price of a certain crypto currency. I could say, that there is no fixed percent for the bases of trading. But, if I would choose, I would play safe and pick for about a 30% increase for a day because, an increase in a coin's price is great but, a possible dump after it is bad.

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atjiat
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February 10, 2020, 06:54:10 PM
 #42

I am convinced that there are no stable indicators for profit from daily trading.  In any case, the percentage of income can change every day, in accordance with changes in the cryptocurrency market.  At least I have not been able to achieve such success as to have a stable trading income every day for the whole month.  Perhaps this trend will continue until the cryptocurrency market is more stable.
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February 10, 2020, 07:01:12 PM
 #43

Is it hard to make profit everyday and can make us lose more than we want make if trade without any stop/ loss.
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February 11, 2020, 12:40:41 PM
 #44

Is it hard to make profit everyday and can make us lose more than we want make if trade without any stop/ loss.
Even you can have profits from day trading even if you do not set stop loss. You would surely need to improve your skills to closely speculate the graphs though. You can really make a decent amount each day if you concentrate on day trading because there really is huge price correction in the price of bitcoins each day which opens the doors to immense profits for you. You need some capital to start earning in day trading and if you could manage higher capital than you could even expect higher profits.

You have to properly manage the risk which would not make you lose excess amount and the profits would continue rising. If you really turn out to be a dedicated day trader than you could have great profits each day.

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February 11, 2020, 04:14:49 PM
 #45

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've never calculated my profits on percentage because it might be demotivating sometimes. But on an average I could earn $100+ from day trading if I concentrate 80% on the graphs for most of my day. This gets a lot time consuming and that is what keeps me a bit away from day trading. Midterm trading is what gives me profits in the current state as I do not need to monitor the graphs much closely and setting a notification for the entry and exit points to work for me in this case. The profits might be somewhat same to the ones in day trading considering the fact I do not like to take much risk so I keep my targets close.
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February 12, 2020, 02:56:01 AM
 #46

Day trade will be good if market situations into the bullish or similar such as on 2017 when the whole year was dominated by uptrend and currently we cannot determine how much percentages of profit would we get because market situations was far from good even daily trading is very risky and some of traders has been proven it with lost their money because of it and trading also not always be profitable and sometimes when corrections price happened then people cut loss

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February 16, 2020, 09:30:21 AM
 #47

I believe that this is a very good question that is interesting to all beginners in the cryptocurrency trade.  Of course, it is really very difficult to calculate your income as a percentage, especially if you take into account a little experience in your work.  But I would like to get examples from traders how much they can earn approximately per day if they use a certain coin for trading with a total volume of 100 or 200 dollars.  If you trade for example a Tron coin in the amount of $ 200, is there an opportunity to earn $ 20 per day?

#business #forextrader #bitcoinnews #invest
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February 17, 2020, 07:58:53 PM
 #48

What the real problem is for the newbies in the trading world is the fact that they think they could make any sustainable amount of money in the trading world. Let me explain you like this for example, Warren buffet is one of the world's richest persons in the whole world and he made that money by investing which is a form of "trading" for you. They made a loss in 2008, in 2009, profited in 2010, lost in 2011, profited in 2012 and 2013, lost ... well you get the idea of it right?

Surely in the long run their earnings were a lot higher than their losses but they have been in operation for over 60 years now and never made profits consistently without any loss, always had some losses in between time to time. That is why do not assume you will make any profits in any sustainable way.

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