How much could you earn in a day ?

[vineetrughwani]

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.


1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

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[milewilda]

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.


1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

1. 1% on making short trades is really that possible or even more as long you do know on what you are doing, because result would really be determining on how good you are on handling these volatile market.
    Just some tip on touching up futures, then it would really be that wise on not touching up this space not unless you do have that sufficient experience on Spot. Better leave it for now and       
    make yourself that familiarize or make yourself that get used to spot before touching futures. This would be the best thing to have for now.

2.  A market would really be that compose of buyers and sellers on which it would really be just that common sense that if there's someone who buys the there's someone who do sell in the other side
    in regardless on what you are really dealing with. They do only differ on the leverage you are really that setting on, the higher then the more faster you would really be that liquidated.

Whether you would really be taking up my advise or not in regarding about futures but its up to you if you could bare up the risks but it seems that you are complete noob
then better not engage on this one for now.

[vineetrughwani]

It's nice been a long time that since I've been called a noob.

The whole point of asking questions is to learn and ask anyone who has success they needed to start somewhere and failures are just stepping stones to move forward.

I do thank you for your advise.

[gunhell16]

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.


1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

Any kind of trading, whether it's spot, futures, perpetual, or margin, They all have one thing in common, and that is the presence of "Buy and Sell". It's just different in concept.

Then the question is also there: is it easy to make a profit in trading? Particularly for newbies entering trading here in the crypto space. The answer to that is no; you are not allowed to know anything about trading because if you enter without knowing, you will come out as a gambler, not the trader you want to be. This has been mentioned several times on this forum.

[vineetrughwani]

I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.


1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

Any kind of trading, whether it's spot, futures, perpetual, or margin, They all have one thing in common, and that is the presence of "Buy and Sell". It's just different in concept.

Then the question is also there: is it easy to make a profit in trading? Particularly for newbies entering trading here in the crypto space. The answer to that is no; you are not allowed to know anything about trading because if you enter without knowing, you will come out as a gambler, not the trader you want to be. This has been mentioned several times on this forum.

Kindly note that i never mentioned anything about turning an easy profit. I asked if its possible .

Also as my question goes i wanted to understand more of the concept futures keeping in mind that i do understand there is "Buying and Selling " just confused on what happens when someone longs a certain coin @10x does it only get filled when someone else shorts @10x ?

[GreatArkansas]

(....)
1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.
(....)

It is possible but just expect there are some days that are not good, so be careful, expect the unexpected. 1% profit in a day or hours is already good because if you sum it up and make it consistent you can be a profitable trade by just that.
So just focus and be consistent, proper risk management because expect that you will have some losses on some days.

[SquirrelJulietGarden]

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

By using leverage like 3x and above like 10x, you will take bigger risk to be liquidated. With 10x leverage, you are most favorite customers of centralized exchanges because your positions will be liquidated easily by their automated tools and they will get richer by money liquidated from you.

If you set your target like earning a fixed amount of money such as $50 a day from trading, it is a wrong approach already. Because it will cause pressure on you and you will always have to trade daily.

You must know, trading too often will cause you loss because your brain must be fresh, calm to trade successfully and you must trade only if it's good entry to open your position. If you don't see good entry, don't trade even days or weeks.

[mk4]

Heck, platforms with 1000x leverage exists. While I obviously don't recommend it due to the risk, potential profit could be anything. You can even make 100% in a few hours if you actually do it correctly lol. The question is, will you actually be able to do it correctly? 90%+ of people won't be able to.

[dzungmobile]

Heck, platforms with 1000x leverage exists. While I obviously don't recommend it due to the risk, potential profit could be anything. You can even make 100% in a few hours if you actually do it correctly lol. The question is, will you actually be able to do it correctly? 90%+ of people won't be able to.

Heck, 1000x leverage will trigger liquidation after a few seconds or minutes.

With 1000x leverage, if price goes against your position like 0.01%, your position will be forced liquidated or even with smaller change than that, forced liquidation already knocks your doors.

90%+ people won't be able to do leverage trading correctly is still an optimistic number for trading gamblers. Because I am sure the failed rate from trading gamblers definitely is more than 90%, like 95% or more.

[cafter]

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

Profiting that 1% per trade with 1x leverage is possible but challenging without sufficient trading knowledge and experience. While it's feasible to make a 10% daily gain, it comes with risks. Nonetheless, losses are also involved, and if emotions take control, you could potentially lose 50% or even 100% of your account.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

In futures trading, it's a bit like regular buying and selling, but with a twist. When you decide to go long in futures, you're making a deal to purchase an asset (like coin X) at an agreed-upon price and date in the future. When someone goes short, they're making a deal to sell that asset at the same predetermined price and time.

[Coin_trader]

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

Absolutely, That kind of profit margin is very possible on crypto due to its volatile nature. Therefore also a lot of trading tool that can help you to do that especially the futures trading which you can get even 10% profit or more if you are good on short trades.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

There’s a market maker on trading in the form other trader and the exchange liquidity itself on the order book. There’s a lot of VC nowadays that invest on exchange liquidity to give instant liquidity to the orderbook which means it’s not always you are buying or selling on other trader because there’s an exchange liquidity itself. It’s same idea to the house bankroll on gambling but this time you are trading to other people and exchange at the same time.

[yhiaali3]

As many members pointed out above, it is possible to achieve 1% from trading within a short period of time, but of course not all traders are able to achieve this. Many traders lose their money in the beginning. Do not forget that for every winner there is a loser in trading.

Therefore, my humble advice to you is to start only with spot trading in the beginning until you gain sufficient experience, after which you can move to futures trading slowly and with a small capital, because entering into futures trading without experience is a very big risk and may cause you huge losses.

[libert19]

I am also newbie in futures but have had some experiences, my response is based on same, take it as grain of salt.

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin.

Yes it's possible and you don't have to wait for hours, rather minutes as price swing is high in cryptos. But, you must rememeber that your trade can go other way as well, and you lose money.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

I think this is right since there is order book and you can also place limit orders. But, on one futures dex I traded on, coin I bought had no liquidity yet the order was success. I don't get it.

[Ruttoshi]

Nothing is impossible when it comes to trading mate but what really matters is, are you a professional trader? You must know the trading strategy to use so that you can make such gain. It is advisable that newbies should learn the fundamental analysis and technical analysis in trading and you should trade when you don't understand the market. Holding bitcoin for a long term is easier and will be more profitable than trading.

Holding bitcoin for a long term is easier and will be more profitable than trading. You should only use the amount that you can afford to lose, when you want to have trading experience. A trader can't also make profit everyday.

[Litzki1990]

It is difficult to give specific information about how much money can be earned by trading every day because trading will not give you profit every day. And not every day a successful trading can be completed. In the case of trading, one day you can make a profit as expected, but on another day the market condition changes differently, as a result of which you face a loss of money instead of making a profit. At that time, it is not possible to sell with a loss of money. If I earn 10 to 20 dollars by trading one day and if I do not earn any money by trading in the next three to four days, but it can be seen that the amount of profit from trading as an average is very less.

[cafter]

But, on one futures dex I traded on, coin I bought had no liquidity yet the order was success. I don't get it.

DEXs do have order books and support limit orders, but sometimes, especially on less popular coins, there might be very few people trading.
Even with low liquidity, your orders can still be executed, b but the price may differ from your expectations. It's just how these decentralized exchanges work.

[hugeblack]

1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.

In trading, there is a white day and a black day, meaning that you will make a profit on one day and a loss on the other day. The possibility of achieving 1% of profit per day may not be possible in the first days. You will achieve profits of 1% or more, and tomorrow you will achieve losses, and so on, and therefore you must try to make the average 1%.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?

Since you are a beginner, I do not advise you to use leverage, as spot trading futures contracts can earn you a profit of 1%. Try to maintain this percentage and learn more about trading.

[Inwestour]

It is possible but just expect there are some days that are not good, so be careful, expect the unexpected. 1% profit in a day or hours is already good because if you sum it up and make it consistent you can be a profitable trade by just that.
So just focus and be consistent, proper risk management because expect that you will have some losses on some days.

It seems to me that the main focus should always be on maintaining the funds in your trading deposit, and how much profit will be made per day or per hour will depend on the trading strategy.

If, for example, I want to try to get 1% profit, then my focus will be on the fact that I will often take profits at this level and may miss out on more significant profits. But here you need to test and see what is better, because an increase of 1% happens much more often than an increase of 10% or more.

[Dzwaafu11]

It is advisable that newbies should learn the fundamental analysis and technical analysis in trading and you should trade when you don't understand the market.

Not only newbies, but even the senior colleagues of the forum shouldn't jump into trading without knowledge of trading. In light of the fact that not all of us here have the knowledge of trading, people who lack fundamental knowledge will be at higher risk than those who have the knowledge, even though risk is natural in trading. However, once you know that you don’t have knowledge of trading, the best is to hold bitcoin for a long time so that we can yield profit there. Because when we say trading and there is no knowledge, we will keep losing money repeatedly, which is wrong in business.

Holding bitcoin for a long term is easier and will be more profitable than trading. You should only use the amount that you can afford to lose, when you want to have trading experience. A trader can't also make profit everyday.

Actually, we can’t say it will be more profitable than trading, as we all know how trading works. At the same time, you are right because when we invest and hodl for a long time, we won’t lose, whereas in trading, as long as we continue trading, we must lose till we get profit, which is not the same as investment. In some cases, there is something I want you to understand. Here, traders sometimes make millions of dollars based on how the market favours them at the time. The fact that you have already indicated it means that traders often make a profit every day, which is impossible in investment.

[Lakai01]

Heck, platforms with 1000x leverage exists. While I obviously don't recommend it due to the risk, potential profit could be anything. You can even make 100% in a few hours if you actually do it correctly lol. The question is, will you actually be able to do it correctly? 90%+ of people won't be able to.

Unfortunately, this is indeed the case. The absolute majority of traders will lose (immensely) money and valuable BTC on such platforms. Only a very small part will also be successful.

For me, trading with such leverage is no longer trading but pure gambling. You could also put the money in the casino, there is at least usually a good buffet. For newcomers to the market, possible profits with x1000 leverage sound of course very tempting, but unfortunately most overlook the fact that you can be bankrupt very quickly - or refuse to believe it.