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Author Topic: How much could you earn in a day ?  (Read 851 times)
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November 03, 2023, 03:15:42 AM
 #81

Quote from: 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.

That is why people are here to guide some new traders who need help to succeed in their crypto trading, because if you fail to ask questions before trading you can end up losing all your money at the moment, and it will make you not to talk about the good side of the decentralized currency. If you can apply all those  good advice be given to you free by potential traders who have experienced so many things from crypto trading, I believe it will help you to become successful in future. Never allow any challenges to make you feel you can't make it again no matter the challenges you may come across, because some times losses can appear but don't let it make you lose your hope than to move ahead to fulfill your purpose.

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November 03, 2023, 03:40:35 AM
 #82

Quote from: 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.

That is why people are here to guide some new traders who need help to succeed in their crypto trading, because if you fail to ask questions before trading you can end up losing all your money at the moment, and it will make you not to talk about the good side of the decentralized currency. If you can apply all those  good advice be given to you free by potential traders who have experienced so many things from crypto trading, I believe it will help you to become successful in future. Never allow any challenges to make you feel you can't make it again no matter the challenges you may come across, because some times losses can appear but don't let it make you lose your hope than to move ahead to fulfill your purpose.

when traders evaluate the losses they experience, it will grow their skills and experience in the next trade. for beginners I just want to suggest trying a little and upgrading your skills more. Because losses cannot be avoided, then properly manage the finances that will be used for trading. Experience is important, but don't be too ambitious to pursue your own experience. because experience can also be gained from other people without having to experience it yourself. asking lots of questions and listening to advice is a great start for any beginner looking to progress in crypto trading.


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November 03, 2023, 06:04:03 AM
 #83

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 indeed possible to earn that amount, however make no mistake, just because something is possible it does not mean that you can do it over and over again, earning 1% per trade may not seem like much to those that do not understand the power of compound interest, but on my view that is a massive amount of money.

With this in mind you should not get your hopes up about getting those kind of results, as even the best traders around the world will be unable to get those kind of results.
yes, 1% is a very small amount if you think but that seems acceptable for newcomers and those who have small capital. But those who spend a lot of money in trading and let us say they are experts, they can make it more as it was possible for them. But putting into the situation that we are new in trading and less experienced, we better accept and have contentment for at least we make a profit despite the level of our knowledge and skill. We should stop thinking instantly because this will be the reason for failure and emotion.

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November 03, 2023, 07:43:01 AM
 #84

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 indeed possible to earn that amount, however make no mistake, just because something is possible it does not mean that you can do it over and over again, earning 1% per trade may not seem like much to those that do not understand the power of compound interest, but on my view that is a massive amount of money.

With this in mind you should not get your hopes up about getting those kind of results, as even the best traders around the world will be unable to get those kind of results.
yes, 1% is a very small amount if you think but that seems acceptable for newcomers and those who have small capital. But those who spend a lot of money in trading and let us say they are experts, they can make it more as it was possible for them. But putting into the situation that we are new in trading and less experienced, we better accept and have contentment for at least we make a profit despite the level of our knowledge and skill. We should stop thinking instantly because this will be the reason for failure and emotion.

Really so acceptable since imagine that how hard to earn from trading or anything investments they have done for sure that 1% is really decent amount they can get in a day. And I also very open to have that profit since not everyday is good day for us since there are times that we lose due to unexpected sudden movements of the market. That's why for other who's starting up on this kind of investment they better know the risk so that they can set up some good plans towards what profit is already good to them since if they don't have anything like that then maybe they might be greedy to seek for more huge profit then we all know where it will end up since many unfortunate stories posted that they lose their profit and capital due to wrong decision they take and been greedy for wanting more profit to take out.

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November 03, 2023, 08:38:35 AM
 #85

Really so acceptable since imagine that how hard to earn from trading or anything investments they have done for sure that 1% is really decent amount they can get in a day. And I also very open to have that profit since not everyday is good day for us since there are times that we lose due to unexpected sudden movements of the market. That's why for other who's starting up on this kind of investment they better know the risk so that they can set up some good plans towards what profit is already good to them since if they don't have anything like that then maybe they might be greedy to seek for more huge profit then we all know where it will end up since many unfortunate stories posted that they lose their profit and capital due to wrong decision they take and been greedy for wanting more profit to take out.
1% per day is too good, if a trader could make such a profit, I think he would be happy. In my experience, the average monthly income of +10% to the trading deposit looks realistic, it is clear that sometimes it can be more, sometimes less, but on average this can be achieved in the months when I trade. Each trader will have different results and a beginner will definitely not be able to immediately start making money in trading, so when someone reads about the successful results of other traders, they should not think that the same thing will really happen for him, everything is individual.

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November 03, 2023, 09:13:37 AM
 #86

1% per day is too good, if a trader could make such a profit, I think he would be happy. In my experience, the average monthly income of +10% to the trading deposit looks realistic, it is clear that sometimes it can be more, sometimes less, but on average this can be achieved in the months when I trade. Each trader will have different results and a beginner will definitely not be able to immediately start making money in trading, so when someone reads about the successful results of other traders, they should not think that the same thing will really happen for him, everything is individual.
1% looks too good, but it's still possible if traders are professional enough and understand how the crypto market works.
To get a consistent profit is quite a difficult target, there are many aspects that must be considered especially about how to do trade management.

The average monthly income may be more than 10% if there is a bull run and can take advantage of the momentum.
But will this continue to happen?
Of course not, the market is not really completely predictable.
There are mistakes where predictions make a professional also lose and forced to cut loss.

Every person's successful outcome in trading will certainly not be the same.
This is also due to luck and also how to do financial management well.

 

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November 03, 2023, 08:45:41 PM
 #87

when traders evaluate the losses they experience, it will grow their skills and experience in the next trade. for beginners I just want to suggest trying a little and upgrading your skills more. Because losses cannot be avoided, then properly manage the finances that will be used for trading. Experience is important, but don't be too ambitious to pursue your own experience. because experience can also be gained from other people without having to experience it yourself. asking lots of questions and listening to advice is a great start for any beginner looking to progress in crypto trading.

Experience in financial markets is definitely strengthened and gained by correctly analyzing unsuccessful transactions and making mistakes learned from the results of this analysis. This is a constant for many people both experienced and beginners. Of course, it will be easier for someone who has previous experience to understand these mistakes and obtain a new experience by analyzing them but basically experience is learned through mistakes. For this reason, it is very important to carry out risk and capital management well and to carry out transactions again after gaining experience.

It shouldn't be forgotten that experience is as important as knowledge in order to be successful in the financial markets and is a very important building block for achieving success. Additionally, gaining experience is also possible by analyzing the mistakes made by other people and asking these people questions. Of course, although this doesn't provide as much benefit as the person's own experience, it prevents potential mistakes and helps the person obtain information more easily.
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November 03, 2023, 10:16:31 PM
 #88

You cant really just place up some money then just wait for it to grow or make some money or profit on which this isnt the market works or behaves.
This don't work in trading but in investing, this is actually what it is. Like you place money and invest in Bitcoin and wait until the price grows.
So with the same quantity, the value differs whether it goes up or down but mostly for Bitcoin we know how it works.
But since it's all about trading, yes, it doesn't work this way but if you find it easier to be an investor. Don't expect a daily profit from it.
Due to the volatility of the market, it was hard to say and assume that this would be the amount to earn daily.
if I would say that I earn $100 every day, I'm sure nobody would be able to believe and that is because there is no consistent earning in trading. If we earn $100 today, we can't assume that we still be earning the same again and again.
All of these changes depend on the following;
 - market momentum
 - capital
 - strategies
Yes, there's no consistent day when you trade and you'll earn in a day. Maybe for some very few traders that have been doing day trading all of their lives, that's what they do.
But when they lose, they just utterly stop and take a rest because that's the approach they have. They earn some for a few days and stop when the market seems to be unfavorable to them.
You don't actually to trade on a daily basis, as long as you make a profit, you can do such again and start another trade.


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November 03, 2023, 11:42:28 PM
 #89

Quote from: 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.

That is why people are here to guide some new traders who need help to succeed in their crypto trading, because if you fail to ask questions before trading you can end up losing all your money at the moment, and it will make you not to talk about the good side of the decentralized currency. If you can apply all those  good advice be given to you free by potential traders who have experienced so many things from crypto trading, I believe it will help you to become successful in future. Never allow any challenges to make you feel you can't make it again no matter the challenges you may come across, because some times losses can appear but don't let it make you lose your hope than to move ahead to fulfill your purpose.

  The more we ask, the more we gain knowledge about what we want to know, as long as the question makes sense, of course. There are others who think the question is pointless, and others just seem silly. Sorry for the term.

  So if anyone wants to make money trading here in crypto, we must have at least a basic idea of crypto and trading; we know something, and everything starts with the basics too, right? Then just continue studying here as long as you don't stop; instead, keep on learning with passion and determination too.

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November 04, 2023, 06:04:18 AM
 #90

Earning daily income by trading actually depends on a person's money. You will get profit according to the amount of money you can invest in the trade. Moreover, an experienced person will never face loss, and sometimes it is seen that many wise people face loss by trading. Basically if we want to make daily income by trading first of all it is important to have good knowledge about trading and then having funds is most important. Any trading you do is risky, so you have to take risk if you want to earn daily. And if you are able to earn 1% per day then it can be maximum for you. Because if you start trading with 1000 dollars, then if you earn 1% from here, you will definitely get a good amount of money in your fund. Also, you need to gain experience in trading, otherwise you will never be able to profit. Knowing all aspects of trading is most important.

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November 04, 2023, 06:23:09 AM
 #91

Due to the volatility of the market, it was hard to say and assume that this would be the amount to earn daily.
if I would say that I earn $100 every day, I'm sure nobody would be able to believe and that is because there is no consistent earning in trading. If we earn $100 today, we can't assume that we still be earning the same again and again.
All of these changes depend on the following;
 - market momentum
 - capital
 - strategies
Maybe if you have a big capital and you got a good skill, you can guarantee of earning at least $100 every single day, no matter what the market conditions are. There is a volatility or the market changes it's movements unpredictably, this is why it's better to have a strategy in any sides, so that we can still earn continuously and hit our target quota but that amount must only be smaller than our capital.

It's also best to use the same capital if we want to achieve almost the same result. I know it is hard to do sometimes because we might end up using our money in different things but we can always practice money management or budgeting.

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November 04, 2023, 12:31:03 PM
 #92

My opinion on this is that:

Don't pressure yourself, don't set a certain amount that you should earn in a day, I mean, be more realistic about what you could earn in a day, especially if when you're a newbie. Don't set too much expectations on yourself yet to avoid disappoinment because you don't need negative energy on your trading journey.

Be happy on whatever you could earn per day, stop comparing your earnings to someone's who's been in trading world for a long time already, that would only keep you in a box and you won't grow if you keep comparing yourself to other successful traders in a bad way.
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November 04, 2023, 03:05:26 PM
 #93

Earning daily income by trading actually depends on a person's money. You will get profit according to the amount of money you can invest in the trade. Moreover, an experienced person will never face loss, and sometimes it is seen that many wise people face loss by trading. Basically if we want to make daily income by trading first of all it is important to have good knowledge about trading and then having funds is most important. Any trading you do is risky, so you have to take risk if you want to earn daily. And if you are able to earn 1% per day then it can be maximum for you. Because if you start trading with 1000 dollars, then if you earn 1% from here, you will definitely get a good amount of money in your fund. Also, you need to gain experience in trading, otherwise you will never be able to profit. Knowing all aspects of trading is most important.
Having knowledge is the main thing in anything, including trading, because, with that knowledge, we can determine the trade and know when we can start trading. But most people don't want to learn more about trading, so they want a quick way to profit from it.
They are lucky to be able to start trading in crypto because in crypto trading, they can start with small capital as long as they are still in the learning stage. Until they can familiarize themselves with trading and understand trading analysis well, they can increase the amount of capital.

But if they still need to learn more, they can continue with small capital. That will prevent them from incurring major losses from trading. Once they understand how trading works better, they can increase their capital to start making profits, which often become larger as market conditions improve.
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November 04, 2023, 03:57:42 PM
 #94

Earning daily income by trading actually depends on a person's money. You will get profit according to the amount of money you can invest in the trade. Moreover, an experienced person will never face loss, and sometimes it is seen that many wise people face loss by trading. Basically if we want to make daily income by trading first of all it is important to have good knowledge about trading and then having funds is most important. Any trading you do is risky, so you have to take risk if you want to earn daily. And if you are able to earn 1% per day then it can be maximum for you. Because if you start trading with 1000 dollars, then if you earn 1% from here, you will definitely get a good amount of money in your fund. Also, you need to gain experience in trading, otherwise you will never be able to profit. Knowing all aspects of trading is most important.
Earnings through trading depend on a person's money as well as his trading skills. No one can do well in trading with only money. Markets rise and fall simultaneously so one has to learn to analyze very well to predict which coins will pump and which coins can be profited or only face losses. And that's why more focus should be given to holding than trading. trading should not be used as a source of daily income.  It can be a part-time medium in addition to business or employment. But it is a good decision only when one holds potential coins like Bitcoin, Ethereum for long term. It is also possible to earn daily through trading and many people do it.  But I don't recommend it. and i am also don’t do it

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November 04, 2023, 05:00:19 PM
 #95

Mate, since you've clarified to yourself that you don't know where to start and that you actually need to know about trading, and so on, I believe it will be better for you and also helpful if you take your time for research so that you can have a broad understanding of market strategies, as trading involves a higher level of risk. It is critical to conduct study in order to gain a thorough understanding of the principles of blockchain, technology, and technical analysis.

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November 04, 2023, 10:49:12 PM
 #96

when traders evaluate the losses they experience, it will grow their skills and experience in the next trade. for beginners I just want to suggest trying a little and upgrading your skills more. Because losses cannot be avoided, then properly manage the finances that will be used for trading. Experience is important, but don't be too ambitious to pursue your own experience.
Yes, when someone is able to learn and evaluate their experience, this should be valuable learning material. Where they should be able to take several things for strategy evaluation, analytical tactics, risk fund management, and so on... especially when trading with indicator analysis and also market fundamentals which in my opinion are actually very complicated. So good skills and sufficient experience are needed to be able to better understand marketing. But on the other hand, it's true that you like what you're talking about, don't just focus on getting continuous experience. because after all, we also want to get profits from our trading. So, the focus is not only on experience but also on how effective our trading is based on our experiences to optimize all opportunities to gain profits.

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November 05, 2023, 12:36:53 AM
 #97

Earnings through trading depend on a person's money as well as his trading skills. No one can do well in trading with only money. Markets rise and fall simultaneously so one has to learn to analyze very well to predict which coins will pump and which coins can be profited or only face losses. And that's why more focus should be given to holding than trading. trading should not be used as a source of daily income.  It can be a part-time medium in addition to business or employment. But it is a good decision only when one holds potential coins like Bitcoin, Ethereum for long term. It is also possible to earn daily through trading and many people do it.  But I don't recommend it. and i am also don’t do it
Its not always with trading skill only regarding how to earn trough cryptocurrency trading but also lucky factor is another way how to be consistent earn profit with crypto in daily day. Depend on how much money could earn in daily day trough trading actually regarding with how much capital use for trading, if want huge profitable earn in daily day you need to have much capital or fund for cryptocurrency trading except you can try with future trading.

For holding they can't earn profit in daily day but promising huge amount of profitable for several months later depend on how strong some holder keep waiting exactly their coins investment price have been on higher price. But in trading there are can't guarantee with daily day earned due many factors happening like price drop and not all altcoin have growing up every day.

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November 05, 2023, 04:51:54 AM
 #98

Earning daily income by trading actually depends on a person's money. You will get profit according to the amount of money you can invest in the trade. Moreover, an experienced person will never face loss, and sometimes it is seen that many wise people face loss by trading. Basically if we want to make daily income by trading first of all it is important to have good knowledge about trading and then having funds is most important. Any trading you do is risky, so you have to take risk if you want to earn daily. And if you are able to earn 1% per day then it can be maximum for you. Because if you start trading with 1000 dollars, then if you earn 1% from here, you will definitely get a good amount of money in your fund. Also, you need to gain experience in trading, otherwise you will never be able to profit. Knowing all aspects of trading is most important.
That's absolutely true, but the futures market is scarier than what we call promising big profits. Beginners who just jump into the futures market because they've seen their friends sharing screenshots of massive percentage profits are starting a potential disaster. A beginner shouldn't dive into the futures market right away because it's riskier and more dangerous. Many assets get liquidated due to mistakes, and it can wipe out all the assets a trader has.

One should gain experience first in the spot trading market until they truly understand the market and technical analysis. Start with smaller leverage in futures trading to aim for a quick 1% profit. If the leverage is 2x, target a 2% profit. Gradually move to higher percentages while learning how the market works. Never jump straight into 20x leverage, which is very risky if you rely too much on luck in the futures market.
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November 05, 2023, 06:15:52 AM
 #99

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%.

Yes I agree with you that not every day favours your sometimes you will win and sometimes you will fail to win therefore make a contrast between your lucky days and unlucky days so if lucky days are more in number then you are in profit. A success of a person and percentage of daily win or loss depends on market situations and the coins which you buy or sell for the purpose of getting rewards.

Always wish to have at least minimum amount like 1 percent win because this little by little can make you profitable and if you wish for larger profit at once then it is possible that very soon you will leave trading as trading is not a mechanism that can make you rich in an hour. If consecutive losses begins then don't be too busy in trading because at that time trading will more likely to be hazardous for you.

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November 05, 2023, 09:13:39 AM
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 #100

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%.

Yes I agree with you that not every day favours your sometimes you will win and sometimes you will fail to win therefore make a contrast between your lucky days and unlucky days so if lucky days are more in number then you are in profit. A success of a person and percentage of daily win or loss depends on market situations and the coins which you buy or sell for the purpose of getting rewards.
Every person who trades certainly will not always be able to get a profit from the trades they make because apart from luck, experience and being able to analyze the market well are also very necessary in making trades so that they don't make wrong decisions in making trades, to be able to get profits from the trades we make. Of course, it is very important that we have a lot of experience in the field of trading so that we can know when is the right time to buy and sell.
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Always wish to have at least minimum amount like 1 percent win because this little by little can make you profitable and if you wish for larger profit at once then it is possible that very soon you will leave trading as trading is not a mechanism that can make you rich in an hour. If consecutive losses begins then don't be too busy in trading because at that time trading will more likely to be hazardous for you.
Yes, you are right, trading is not a mechanism to make ourselves rich in one hour, if we think so, of course we don't understand trading well, so it would be better for us to learn first how to trade well and if we really understand it. Then we try to trade to be able to get a profit from the trade we make.

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