Trading with profitability

[GeorgeJohn]

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

[Rengga Jati]

One of the mistakes traders do make which I have made in the past is to be looking for a better profit. A good example is when having $1000, looking for a way to make $100 or more daily. That would be when leveraging it will come to mind, but leveraging is one of the reasons some traders find it that they are continuing losing.

This is ow a trader will commonly lose their money very easily when trading with leverage. There is bad money management plus greediness that will always make the traders lose their chance to take profits and then lose their money. This has been done several times until we find many traders especially newbies are expecting high profits quickly, so they ignore some advice not to be greedy, advice to be more careful in managing the money for trading. Trading with leverage is always risky, riskier than trading in the spot. However with higher leverage. I suggest newbies or whoever is new tot this not do this because it is more to gambling without any skills and capability only.

[jrrsparkles]

One of the mistakes traders do make which I have made in the past is to be looking for a better profit. A good example is when having $1000, looking for a way to make $100 or more daily. That would be when leveraging it will come to mind, but leveraging is one of the reasons some traders find it that they are continuing losing.

As an experienced day trader, or a scalper, if you have $1000, what profit will you be looking for? Also what amount is your stop loss? What leverage would you prefer to use?

Recently I find it more profitable to earn just $5 daily either through scalping or scalp trading that is turned into day trading. I am not using altcoins for this but bitcoin.

If you are a day trader and you are using bitcoin to trade, if you have $1000, how much profit are you expecting daily? You may not use $1000, you can use percentage and I will understand what you meant too.

With $1000 as day trading capital, I will be looking for 3 to 5% profits and the reward ratio is high when we constantly hitting the target everytime. But the volatility its self is the boon and bane for the day traders so its almost impossible to do it everyday so when the market is in downtrend just avoid trading at all or just quit with minimum loss like 10% with stop loss is great strategy.

[Bushdark]

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

Making small profits consistently is better that having a huge winning today and losing a big tomorrow. If we calculate the amount a trader that is having consistent winning everyday even though it is small is better than a trader that Win big today and lose tomorrow. It is certain that losing is part of the market endeavours but it does not make sense when we keep losing and having small winning when we trade. The aim is to make profits not to keep losing which is can be very painful winning and losing at the same time.

[GeorgeJohn]

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

Making small profits consistently is better that having a huge winning today and losing a big tomorrow. If we calculate the amount a trader that is having consistent winning everyday even though it is small is better than a trader that Win big today and lose tomorrow. It is certain that losing is part of the market endeavours but it does not make sense when we keep losing and having small winning when we trade. The aim is to make profits not to keep losing which is can be very painful winning and losing at the same time.

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

[blockman]

When it comes on trading up bitcoin or trying out to snip out even on little movements then when it comes to spot then profits cant really be felt much unlike when you tend to higher up the leverage then this is where
you do able to felt out the profits but we know that not all or really that not suggetible on going into higher leverage if you are just still new on trading field. Stick with spot and its better to make yourself that
mastered out on staying up this area before you do consider out on touching up leverage/futures trading. Profit would really be basing up on how well you do make up trades.It doesnt matter
on which one you are involving into as long you do have done your part then this what matter the most.

Much better to stay with spot if you're not yet used to futures. I see people making the best of their trades with futures but if it works for them, it doesn't mean that it will work for me as well. We're all different traders and the risk that we take are also changing and will base on how's our take on it.

$5 to $10 is what some really good traders would make even before they get out of bed in the morning, though this is really a good strategy, I highly doubt if a serious day trader would be able to continue to stick to this type of plan for a long time, i mean with much discipline, a serious day trader, even after having made this amount easily could one day be tempted to try to make more money since there is still very much time and opportunity in the market.
I am not speculating though, this is something I've experience before, and sad to say that, this was how ended up making some huge loses in trading, at the time though.

There are traders that are disciplined and they choose to be quiet with their journey. No social media and they're all alone on this way but getting information and strategies from various sources like they're stuck in their cave room and will just come out when they've mastered it.
The amount is also important so that there won't be that much of an issue if you fail. And as they're disciplined, when they think they are ready to upscale and aim for another goal, they'll test it if it's doable.

[Lanatsa]

Earning $5 daily is not really compensable if you are trading the whole day while risking $1000 but never I think also this is the only we got for every day, we can make good trades the following day, maybe. But if we just spend 3-5 hours and got $5 as a minimum profit daily, I think that was good enough at least we did something than losing $5. We can't expect huge profits using Bitcoin for trading unless we use altcoin but yes, consider the high risk which could possibly lose your money in a day.

You are right, because making even though $2 daily is more preferable than someone who losses in the market, adding the profit $2 or $5 daily will give you some reasonable amount, and it's preferable than getting lose everyday, i believe that anyone who venture to get small fraction of profit daily it's will triggers the person to get another strategies of making another profit, because i understand that a consistent trading or strategies of trading that gives profits will trigger a trader to acquire more knowledge of trading.

Making small profits consistently is better that having a huge winning today and losing a big tomorrow. If we calculate the amount a trader that is having consistent winning everyday even though it is small is better than a trader that Win big today and lose tomorrow. It is certain that losing is part of the market endeavours but it does not make sense when we keep losing and having small winning when we trade. The aim is to make profits not to keep losing which is can be very painful winning and losing at the same time.

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

If you are really that having that kind of behavior on which you are really that rushing up yourself on making huge or big profits just because you had seen it somewhere then it would really be creating that kind of

desperation which is something that you should really be avoiding on because it would really just making out that kind of desperation which would causes lots of errors and mistakes. Trading is never been simple

because you would really be needing lots of factors which you would really be needing to adjust and make it more enhance on making yourself that more better.
Profits would come along if you do just really do those basic principles but of course you should need to trade up well.

[South Park]

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

Not only that, traders are always looking for that one trade that will make them rich, an example of this are all the people that are always looking at altcoins in which to invest as they hope they skyrocket and they become rich in a matter of months, however someone which could achieve small profits each day for years could achieve similar results with a risk which is many times smaller, however this trading style is not favored as it takes time and discipline, two characteristics many traders lack.

[TimeTeller]

That's what some people don't understand in trading strategies, it's better for someone to be making small amount than eyeing a larger amount of profit that it can't merit or catch, so therefore it's neither using one stone to kill two birds than not killing anyone with twelves stones, many people are greedy in trading and that's what makes them not make profit in trading due they are targeting ambiguous profit in each of their trading.

Not only that, traders are always looking for that one trade that will make them rich, an example of this are all the people that are always looking at altcoins in which to invest as they hope they skyrocket and they become rich in a matter of months, however someone which could achieve small profits each day for years could achieve similar results with a risk which is many times smaller, however this trading style is not favored as it takes time and discipline, two characteristics many traders lack.

But do remember, one mistake in trading and you can easily lose the small profits from your scalping.
So you also need to be ready for such situation. But if you found scalping to earn you daily profits, why not?
With the volatility factor of btc alone, as it goes up and down many times in a day, you can indeed make profit within the day.
This strategy for me is a tiring one as you need to look the charts like all day long. This is only good if you have no other job to attend to.