Is it possible to make $5,000 a month day trading?

[Swopon]

Funds are not everything of trading. But fund is one of the core elements of trading. By the way, to make successful trade, you need to have enough skills, knowledge, trading strategies which ultimately help you to make decisions for trading. But you didn't mention your previous skills by which we can understand that you know about it. So, now it is tough it say something about your earning from my side actually.

[nhaila]

With the following criteria...

1) Make spendable (can't use it to trade) $5,000 usd net a month.

2) Daytrading full time.

3) No other means of income (can't sell my service).

*4) Starting with $15,000.

5) Trading all crypto (not just btc).


* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).

You can easily earn $ 5000 per month if you understand the signals and trade futures on the Binance Exchange. If you want to trade futures, you must maintain the signal and trade.

[dunfida]

~snip~

You can easily earn $ 5000 per month if you understand the signals and trade futures on the Binance Exchange. If you want to trade futures, you must maintain the signal and trade.

Not a really good piece of advice considering on how risky to trade up on Futures./Leverage or options which not all people would really be that good on making up trades even you're provided with some signals or hints or tips then that wont really be giving out an assurance for you to succeed on.

You could make out 5k a month but its not an assurance and if you do play or trade up with bigger capital and have less risk management percentage
then its plausible but dont make yourself that too confident because this market isnt something you could predict on.

[bhooscream]

If you want to trade futures, you must maintain the signal and trade.

What do you mean by maintain signal? You must know that the signal isn't always helpful. There are many signals that result in losses because the signals are wrong. Crypto market is unpredictable, crypto prices can change at any time. We cannot rely on the signals only, we need to update information about a whole crypto world. Sometimes, a rumor or an issue can make a correction or big drops.

[andriarto]

If you want to trade futures, you must maintain the signal and trade.

What do you mean by maintain signal? You must know that the signal isn't always helpful. There are many signals that result in losses because the signals are wrong. Crypto market is unpredictable, crypto prices can change at any time. We cannot rely on the signals only, we need to update information about a whole crypto world. Sometimes, a rumor or an issue can make a correction or big drops.

it says op wants to make $5k profit, and that means 30% of initial capital by trading not only on bitcoin. then the strategy in question is to follow signals from indicators, for example. it's not too bad, and I think when the market is bullish it is possible that the target can be met. the problem here is that op is experienced or not in the crypto world, because it is feared that he will not be able to control his emotions and is only oriented to his ambition

[mksundip]

With the following criteria...

1) Make spendable (can't use it to trade) $5,000 usd net a month.

2) Daytrading full time.

3) No other means of income (can't sell my service).

*4) Starting with $15,000.

5) Trading all crypto (not just btc).


* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).

very easy with $15K trading full time.  the most important thing is that you have to really manage well and also be able to analyze the market.  don't get caught up in panic selling and don't choose the wrong coin, because the choice of coins affects your profit.  trade with good governance, don't be greedy and always slowly learn the state of the market

[robattfield]

Prepare well and spend money to get better
then one day you will realize there is no limit or specific goal when you make real money.
Maybe you will earn $5000/month, maybe in just 1 day, if you take advantage of the support tools.

[Reatim]

With the following criteria...

1) Make spendable (can't use it to trade) $5,000 usd net a month.

2) Daytrading full time.

3) No other means of income (can't sell my service).

*4) Starting with $15,000.

5) Trading all crypto (not just btc).

all these are valid arguments but with 15k capital why badly needed 5ka  month profit? is this how expensive living in your country?

5ka  month is huge amount for normal living unless you are living in semi luxurious way.

* If it's not possible with $15k, then what's the minimum it would be possible with (of course this is considering this is the only hindrance).

Minimum cannot be recorded but at least you can try earning 1-2k a month is enough, remember that the risk is still there so things may happen that instead of earning you might lose.

[icopress]

To be honest, I'm surprised at how many spammers have gathered in this thread, but even more surprised at how insightful their trading advice is, Lol.

p.s. All good advice ended on the first page of this thread, so the thread can be blocked.