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Author Topic: Is there strategy to make profit daily future trade  (Read 702 times)
Heyui67 (OP)
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April 28, 2024, 01:52:58 AM
 #1

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
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April 28, 2024, 03:35:19 AM
 #2

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily
I can not believe you because if you are knowledgeable and experienced in this market, from investment to trading, you will not depend on trading signals from any group.

You also surely know that trading is risky, trading with Futures is more risky and you will know that you won't be able to get profit daily with Futures trading in cryptocurrency market daily and for a long time.

Don't trade. If you trade, don't trade with Futures or Margin.

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Barikui1
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April 28, 2024, 04:01:01 AM
 #3

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

Are you really sure of what you are saying, because if you are knowledgeable on how to the trade futures markets as you claimed, you wouldn't be depending on a crypto signals from someone else, though one of the most common attitude among newbies like you is thinking that trading is actually easy, and due to the fact that you have not learn the hard way doesn't mean that you wouldn't be served breakfast at some point, because by your statement, it shows that since you are having it easy due to signals you received, you think that trading is easy, which it's not.

And lastly, you made mentioned of buying a coin that have potential of rising, and when it rise, you sell it at s profit, bro, my Candide advice to you is that stay away from any coin that isn't Bitcoin for now, till you are knowledgeable enough to know how to navigate your way in the market yourself, because you will definitely get burn, if you don't thread carefully when dealing with alt or shit coin, so if as an individual you feel like you are too stubborn and you still want to take the risk, then I suggest you gamble with only 2% of your portfolio, an amount you are willing to lose, so that if things go south, you wouldn't feel much of it impact in your finances.

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April 28, 2024, 04:26:26 AM
 #4

No there are no guaranteed ways to make money by future trading. None of those signal groups or bots will help you. This is a tough game and it’s the reason why most traders lose.

Only way to get gauranteed money with futures is perhaps with a cash and carry trade. You buy BTC or ETH, and you sell it on the futures market at a premium, use the underlying as collateral so you don’t get liquidated. Then you wait till expiry and you are in profit. There is counter party risk here since you need to keep it on an exchange however.
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April 28, 2024, 05:43:02 AM
 #5

1. Signal groups are 99% bullcrap

2. If you think profiting from trading is just buying some coins and holding for days until you gain profit, then you're absolutely mistaken. You'd figure if it was that easy then everyone would just be doing it lol and getting rich lol.

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Oshosondy
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April 28, 2024, 08:06:42 AM
 #6

I have good knowledge with crypto future
I get signals from groups on telegram
These are contradictory. If you have good knowledge about crypto trading, it means you do not need signal groups. Know that if you depend on signal groups, that does not means that they will give you accurate information. If you pay them, it is just like a scam.

But i got idea to make profit daily
I choose some coins potential raise and open long  positions on them and hold
These are also contradictory. You want daily profit and you said you hold. They are two different things.

For day until i get profit.. Is this good idea or let me know if there better idea
If you are looking for daily profit, that is almost impossible in trading. There are just some days that will be for losses. If you think you should hold while not making profit yet, you can trade coins like bitcoin and not shitcoins. It is a good ideal if you use 1x leverage and not go more than 2.5x leverage.

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April 28, 2024, 08:53:50 AM
 #7

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Go back to the drawing board, if you refuse you are going to get wrecked once you try your strategy, I say this because at first you claim to have a high level of knowledge about futures trading, and in the very next sentence you contradict yourself by claiming to receive signals from one or several signal groups.

If that was not enough, your strategy is as generic as it can be, now there is nothing wrong with buying bitcoin and holding it for the long term, but this cannot be considered to be an original idea, and this is also a long term strategy, which is unsuited for what you want to achieve while trading futures.

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April 28, 2024, 10:01:38 AM
 #8

Newbies come into the crypto space because they want to trade believing that trading is a get rich quick scheme. This is because they get decieve by some influencers telling them all sort of lies, and the newbie will look for money and jump into the exchange the influencer was advertising, and they will create account claiming to have become a trader.

These set of newbies will start following some signal groups, and he will claim that he is knowledgeable in trading, when he cannot do anything without getting signal. From the OP, it shows that you fall in the category of such people I was talking about. If you don't understand anything in trading, you can learn and practice with little amount that you can afford to lose, and don't waste your precious time waiting for signals. Trading is complex and not as easy as it is said.

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April 28, 2024, 10:07:52 AM
 #9

using your strategy is fine, sometime you need to open up with the chance of shorting the coin too since you're trading future anyway might as well use whatever position there is to gain profit.
but you will see whether your strategy gonna be sustaining in the long term and whether your daily profit truly making you a daily profit in the long term if you have traded frequent enough to know whether you overall making profit or not, sometime our trade could just really turning bad out of sudden when the market changing direction, right now people are bullish with the market, longing most of coin seem to be most viable way to make profit just pick a coin that are good enough but has been getting correction heavily and long that coin we already make profit.
but what happen if there's sudden market trend change and we incurred loss? thats where the test toward your strategy begins.

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April 28, 2024, 10:11:46 AM
 #10

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
You decide your own trades, as long you are able to make profits and you are not endorsing this kind of service and you are not asking people to join groups that you have  in those signals because many here are aware of scam signals.



 

 

 

 

 

 


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April 28, 2024, 10:22:50 AM
 #11

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Look back, I saw myself doing almost the same thing.
I lost some, I quit and then re-think crypto potential then find BTC as my last best choice.
About trading strategy, I no longer trust signal or even charting.
Just orderflow and footprint chart.
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April 28, 2024, 10:32:29 AM
 #12

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Future trading is not like normal spot trading. future trading is very high risk. trading with leverage here means trading with leverage and when you take an entry and the price of that coin moves towards your target risk, there is a chance that your balance will be zero.  If the liquidation price crosses you lose all your money. It's as risky as gambling.  Many people are making a lot of profit through future trading and many people are losing everything by coming here. so i will tell you to avoid future trading



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April 28, 2024, 10:36:15 AM
 #13

Please stop using signals groups, these groups are owned by conmen who manipulate the crowd to buy and sell their shitcoins while the owners play in the opposite direction. They even ask for membership fees which is another scam they manage pulling off.

You have to rely on your own while trading, it is a one man game here, nobody will help you trade because your win is another person's loss and vice-versa.

Try reading about trading and watching some youtube videos about how trading works and then start dummy trading on your own instead of these groups.

R


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April 28, 2024, 05:08:09 PM
 #14

Why people so aggressively in reply

I think this is good method imeant trading without leverage

Actually there is lot manipulation lately so its safe method
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April 28, 2024, 05:14:42 PM
 #15

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

You have a good knowledge of futures trading on crypto yet you are getting signal from trading group to choose for your investments? Looks like you are just following other prediction while your own knowledge doesn’t play on your trades.

This is not a good idea because your trades depends on other analysis. Also most of the trading group provides a signal that biased to the one who create the signal meaning they already heavily invested on that token earlier before they release the signal to the public which means you are just buying so that they can sell on your money.

Stick to your own picks and don’t rely on trading group signal.

.
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April 28, 2024, 05:14:54 PM
 #16

Why people so aggressively in reply
Since you got the signal on telegram, it will not be believed by anyone here, it will be considered nonsense.

I think this is good method imeant trading without leverage
How to trade futures without leverage? Unless you trade on spot but this will be difficult to get daily income.

Actually there is lot manipulation lately so its safe method
So you are told in the telegram signal, that there is manipulation in other words a safe method where you will profit? Not so easy my friend.

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April 30, 2024, 01:09:21 AM
 #17

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

If you are trading to expect making money every single day, then you are getting it wrong. Real trading is boring. In trading losing is part of the game and there shouldn't be an expectation to make money everyday, only following your trading plan. And every trading system have a losing streak and going through a drawdown period.

As you develop our system, only trade on spot trading and not futures. Don't chase money but learning. Overtime once you develop the habit necessary for trading, that's when you put in more capital. Let go of the signals. Learn on your own and focus on the process.

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April 30, 2024, 05:35:36 AM
 #18

I have good knowledge with crypto future
I get signals from groups on telegram


But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
The 1st part of your post alone is enough for me to tell that you're lying.
Good knowledge with futures trading, but relying on signals on telegram? You can't trick us LOL!!!.

Daily profit through futures trading isn't impossible, but it's hard. Potential coins? Do you think that potential coins can just give you daily profits like that easily? When I did futures trading in the past, I only focus on Bitcoin which we consider as a coin with a huge potential, and yet I lost money on it. The potential of the coin doesn't matter. It's your knowledge, and your strategy matters.

Your idea isn't a good idea, and many will agree with me. Better idea? Maybe expert traders can help you - that is they will share their strategy. Cheesy

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April 30, 2024, 08:21:46 AM
 #19

trading isn't a job with consistent earning, sometime you lose sometime you make profit so considering making daily profit on trade on its own is already giving you sort of warped knowledge about what trading it, i mean you can definitely make daily profit if you okay with losing sometime but its definitely not gonna give you consistent daily profit through out entire years that will never cause you loss unless you're some kind of genius trader that could make some miraculous trades but most of the time most people also suffer loss frequently.
so basically never depends your profit from trading, its not an activity where it can be sustaining unless you have big capital and you profiting once already cover your entire year expenses then it might be sustaining for you.
you better off making good few trades that give you profit instead of forcing daily trading anyway there are so many thing that could mess up with your trade, rethink your decision.

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April 30, 2024, 08:28:38 AM
 #20

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

If you only get those signals from a telegram group and you don't have good knowledge about what you are doing then everything you do on your trades is not sustainable for long term. Maybe you are just lucky to earn some profits for short time with those group but for sure every prediction or released signal is not sustainable and for sure it may not for in future. So for us to convince regarding on what you are saying maybe better try to show something proof that can convince us and show how you or those groups do their predictions or maybe show their TA done so people could easily believe that they are legit.

But honestly enhance your own skills on trading and don't rely on groups or other people signals so your trade will became more better and you can use your skills for long term which could benefit you more in long run.

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April 30, 2024, 08:43:15 AM
 #21

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
What I have learned in the crypto space and from my years of trading and investment experience is, do what that works for you, in as much as you are getting the desired result hold such strategy tight,  The industry is a game of strategy, Meaning,  who got the best strategy, that is a strategy with a positive results happens to win the most, Therefore you should depend on someone's else's strategy to survive, The game is get ideas from experience traders and use it to develop a strategy that works for you ,because what works for Mr.A might not work for Mr.B.

R


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April 30, 2024, 11:31:22 AM
 #22

I have good knowledge with crypto future
I get signals from groups on telegram
It is a big mistake to trust signal groups, especially from telegram. Many traders lose their money from doing and I hope you are aware of that situation.
Quote
But i got idea to make profit daily
I won't say there is no chance but don't expect daily profit from trading.
Quote
I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
I was confused if you were about to trade or just hold. I suggest you be certain of your plan and focus on it. Don't dream of earning daily if you are just about to hold. However, don't get too much attraction about earning daily in futures trading, you only get disappointed.

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April 30, 2024, 03:16:56 PM
 #23

Trading signals. More like Trap signals. Cheesy

I don't use those kinds of services because almost everybody here in the forum knows that it's just a scam. Not a scheme, a scam! Be sure to understand that.
So, if you are saying you are making daily profits because of them, I will really doubt the legitimacy of it. Just like the others did in the posts above.
There are other ways to be a successful trader and since you talk like that, I bet you have the idea about it. It may be long term but profit is still profit rather than risking your money and spending registry fees in the damn signal group. I would avoid them if I were you. Or is this also a trap to make members ask what signals you are using?

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April 30, 2024, 04:50:47 PM
 #24

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
If you really have knowledge about crypto and its future - it is a good capital for you. I might be a little surprised why you still believe in signals shared on Telegram if you are so knowledgeable - can't your knowledge of crypto and its future help you earn return?

A more interesting idea is - buy bitcoin and hold them until the price gives you high return in the long term. You can of course still trade - but having bitcoin in your investment portfolio is something you should consider. That's an idea I thought about instead of just focusing on day trading via telegram group trading signals.

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April 30, 2024, 07:48:22 PM
 #25

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Point #1 - If you are good with futures then you wont be here but instead you are making money with your futures trade.   Grin
Point #2- Signals arent accurate as always, dont make yourself believe that those guru wannabe will really be your guide or something that you do follow. If you do make money then its good but if its not then there's no sense on following them.

If you do make profit daily then make yourself consider to be a good futures trader since not all would really be that profitable with futures and this is something which is really that too risky
for most even if you do find yourself that being good on spot trading. High chances on liquidation is there dealing up with higher leverage trades and this is something very common.
There's no idea or whatsoever since you are the ones who would really be that making up that decision on whatever you've been doing with your trades and this is something
that cant be controlled but only by you.

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April 30, 2024, 08:51:28 PM
 #26

Not meant to be rude but I don't think you have ever done future trading nor you have even slightest idea about it because you cannot hold on for a day in future trading because the chances of getting liquidated are higher and you don't randomly follow the telegram signals as they just sell crap as signals.

The only way to stay profitable in future trading is to stick to Bitcoin and use 2x or max 3x leverage nothing more than that.   









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April 30, 2024, 10:04:21 PM
 #27

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

Such a strategy It will justify itself only if the price of the coin increases. But this does not happen every day and there are also corrections in any market. And if the market returns to bearish, that you will not be able to trade long positions at all and will be forced to stay away from the market if you do not use margin trading.

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May 01, 2024, 01:46:44 PM
 #28

For day until i get profit.. Is this good idea or let me know if there better idea
Don't rely on signals from groups, instead learn from trading communities and learn technical and fundamental analysis and in that way you'll have the confidence to trade on your own and analyze the market based on your understanding. Also, choosing coin and just hold it is not always a good choice especially for daily trades, I do suggest that if you are going to do a day trading, you should go with price action trades.

Just imagine if you hold a coin for a long time and it doesn't goes up (which is more likely in just some new coins) your money will be stuck while it's value of the coin is decaying until you can sell it with just a few dollars.

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May 01, 2024, 06:37:52 PM
 #29

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Dont know but you do look not really that making profit on futures trading, if its real then its good since not all would really be that good on futures trading and even on spot trading where everyday profits is not a guaranteed. How much more into something that has higher leverage? Pretty much sure that even to those experienced and skill traders wont really be having such confidence and tendency when it comes to
futures trading and this is why its really hard to believe that someone does have that kind of assurance as if that this one is really that easy. lol.

When it comes to profitability then no one really knows on what are the methods or ways on becoming that profitable in constant basis. Results or outcomes would really be that definitely be just
that depending on how well you do make out your trades and not really that following some strategies or methods that you do see online. It doesnt give out assurance that results
would really be the same into those people who had been using it, there would really be tons of factors that could really be able to give out different outcome.

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May 01, 2024, 10:20:56 PM
 #30

1. Signal groups are 99% bullcrap

2. If you think profiting from trading is just buying some coins and holding for days until you gain profit, then you're absolutely mistaken. You'd figure if it was that easy then everyone would just be doing it lol and getting rich lol.
Its like it’s better to focus on hodling if your thinking is like that. Future trades are highly more risky, that’s why think a lot of times if you are mentally and emotionally ready about it, otherwise you will end up losing and regretting because you were never aware from the first place what you are doing about. Trading alone brings risks, much more you will experience if you risk yourself into future trade.

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May 01, 2024, 11:51:50 PM
 #31

You shouldn't be asking this if you have been in the market for a while and you're having some signals. Prove that to everybody that your signals are profitable and there's no need for you to ask for validation if they're real or it's a good idea.

But a wise tip for you is, not to trade when you don't know what to do. And just learn it gradually so, you won't be overhype by the knowledge that you've taken based on the research that you've done.



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May 02, 2024, 02:58:33 AM
 #32

pretty optimistic opinion if seeing from your question, personally I don't believe anyone in this world could make consistent daily profit, those traders promising that usually are just spouting bs.
what most professional trader that are real deal offer out there usually monthly return, and i'm talking about fund manager not some random shady trader in telegram.

even then there's many term and conditions that we should be agreeing too before hand, such as what happen if the money suddenly lost due to market crisis and so on.
there are many things that could lost our money after all and those fund manager if they can would refrain from being responsible to such disaster.

i mean if you are so sure about your capability and your trading signals then be free to try it out maybe with small capital to test the water first you just never know
whats gonna be happening if you don't try to shell out some money first and know whats gonna happen.
but at least if things goes south you can always withdraw yourself from attempting to get that daily profit. also trying to make daily profit exposes oneself to the risk of overtrading.

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May 02, 2024, 04:46:04 AM
 #33

So wait... The idea is that OP would pick a coin that he thinks will go up, and then will buy long and then he will wait until he is in profit for that day, and close it with profit when it goes up? WOW, How did we not think of that before! It is such a revolutionary idea that nobody in the history of finances has ever thought about that before! I can't believe that OP just opened our eyes.

All we need to do is pick a coin that will go up, buy some long futures of it, and sell when it goes up like we knew it would, it's that simple! All jokes aside, of course it's a terrible plan, if making money was that easy, we wouldn't be all in debt, 90% of the world is in debt, why do you think that is, because you are the only one who came up with a great method and nobody else even considered that before?

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May 02, 2024, 05:31:16 AM
 #34


For day until i get profit.. Is this good idea or let me know if there better idea

If what you have done has made a profit, I recommend not changing it again or trying something else that exists, even the results will not be the same as what you have usually done.

Trading instincts are born from habits that have previously studied carefully whether it is the trend. The cycle and the stick candles are important components that will help your trading performance to produce.

If I buy at a low price then sell back at a high price whether the market is again fine or in a correction condition like today.

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May 02, 2024, 12:56:32 PM
 #35

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
What I have learned in the crypto space and from my years of trading and investment experience is, do what that works for you, in as much as you are getting the desired result hold such strategy tight,  The industry is a game of strategy, Meaning,  who got the best strategy, that is a strategy with a positive results happens to win the most, Therefore you should depend on someone's else's strategy to survive, The game is get ideas from experience traders and use it to develop a strategy that works for you ,because what works for Mr.A might not work for Mr.B.

I completely agree with the comment upon strategy. Well, this is true where the strategy of others might not work for you. As you(OP) said, you get signals from Telegram but you have no idea how to make a profit daily. Here, understand the fact that the signals are provided using some strategy, so if you are not able to use the signal calls, then even if you follow the strategy of another individual, you might remain on the same page.

I would suggest you to do the following:
  • Unlearn
  • Forget about making money at the beginning
  • Start learning and gaining knowledge from some mentor or good source
  • In the market, both Bulls and Bears are present. Understand the psychology of both.
  • Now, build your own strategy
  • Backtest your strategy & I hope you will be good to go
  • And don't stop Learning

Why I asked you to build your strategy of your own because every human is unique, so their psychology will also be unique and as I said both Bulls and Bears are present.
So, when you follow anyone else's strategy and imagine either of them(Bull/Bear) who is also a whale in the market understands that a hoard is following the strategy, they will swipe away the money from you all, who were following just one approach/strategy. Just think logically.
I hope this will be helpful for your clarity. Good luck.
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May 02, 2024, 01:14:18 PM
 #36

I have good knowledge with crypto future
I get signals from groups on telegram
Your knowledge is obviously not good enough yet if you are unable to generate your own trading signals. Traders with good knowledge are the ones that do not need to be in a signal group, because what they know is enough for them to profit from trading on their own. Traders with good knowledge are the ones who generate signals for others.

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May 02, 2024, 01:33:31 PM
 #37

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
you can do whatever you want. but you have to pay attention to your knowledge, skills, and experience if you want to day trade.
What you also need to know is that in trading there are also losses, and not all traders can manage their risk of loss in every trade.
especially if you rely heavily on signals, it shows that you don't know much and don't have experience in trading.
My advice is to leave the signals and focus on developing your trading skills. Nowadays you probably spend a lot of your time and money learning to trade. but it will be more meaningful than rushing to make a profit by following the signal. you won't have anything to be proud of.

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May 02, 2024, 02:46:11 PM
 #38

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Future trading is not like normal spot trading. future trading is very high risk. trading with leverage here means trading with leverage and when you take an entry and the price of that coin moves towards your target risk, there is a chance that your balance will be zero.  If the liquidation price crosses you lose all your money. It's as risky as gambling.  Many people are making a lot of profit through future trading and many people are losing everything by coming here. so i will tell you to avoid future trading

That is why he is very risky, and I am not focusing on trading right now because of the high risk; I have not gained enough understanding about it yet, so I do not want to put myself at risk. Since I haven't made a plan yet. Even someone who has become a legend loses money on sometimes, so you can't expect to benefit every day; there will be days when he doesn't favor you and you will undoubtedly lose money. Future traders are those who are not frightened of losing and have made up their minds to take risks. They don't mind losing because they feel they will most likely benefit if they keep going. because is how you do something everyday that Is how you will be perfect on it. If someone is getting profit in future trading you can't stop him to not trade on it except is someone that lose on it many times, and he can decide to change it and run another one. Anything is risk he just to know how to take the risk and minimise your losses.

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May 02, 2024, 03:13:50 PM
 #39

Trading signals. More like Trap signals. Cheesy

I don't use those kinds of services because almost everybody here in the forum knows that it's just a scam. Not a scheme, a scam! Be sure to understand that.
So, if you are saying you are making daily profits because of them, I will really doubt the legitimacy of it. Just like the others did in the posts above.
There are other ways to be a successful trader and since you talk like that, I bet you have the idea about it. It may be long term but profit is still profit rather than risking your money and spending registry fees in the damn signal group. I would avoid them if I were you. Or is this also a trap to make members ask what signals you are using?
I doubt if some will ask here what signals OP is using since majority of us here are already aware that trading signals won’t never work in the long run. And those who claim that they follow trading signals that made them to experience daily profits, that’s a big lie for sure. They’re obviously trying to put us in their own traps.

My point here is don’t settle in futures trading if you only rely in trading signals. That will only drag you to a huge loss. Instead, go for the less risky one, and just decide to risk in futures trading if you trade on your funds you don’t mind of losing.

R


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May 02, 2024, 03:37:02 PM
 #40

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

Before starting trading you should know that you have made the profit in the past days because of that I will earn profit in the future that's not guaranteed. Here you can lose or profit anytime especially in case of future trading. And you are already mentioning that you are getting signal from that Telegram groups and also mention that you have good knowledge about crypto future that's little funny for me. You don't have on analysis skill then how do you have good knowledge about Crypto future ?



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May 02, 2024, 03:54:00 PM
 #41

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
you can do whatever you want. but you have to pay attention to your knowledge, skills, and experience if you want to day trade.
What you also need to know is that in trading there are also losses, and not all traders can manage their risk of loss in every trade.
especially if you rely heavily on signals, it shows that you don't know much and don't have experience in trading.
My advice is to leave the signals and focus on developing your trading skills. Nowadays you probably spend a lot of your time and money learning to trade. but it will be more meaningful than rushing to make a profit by following the signal. you won't have anything to be proud of.
There will be no more valuable and helpful advice than letting him experience things for himself . I agree with you , he can do whatever he wants and can consider it an experience on his investment path.

According to what he said , I believe that OP is just a newbie and not someone with a deep understanding of the market like what he said. Because a person with good knowledge will not rely on trading signals and will not naively think that making money from futures trading is easy. What OP needs right now is experience, not thousands of tips from us.

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May 02, 2024, 04:28:06 PM
 #42

You can't rely on signals from a telegram group to make a profit every day, because it's the same as entrusting your money to someone else's hands, you don't know when that person's decision will be wrong and that will cause you to lose money. Moreover, as far as I understand, if it is a reliable signal, then usually they will not claim that they can provide complete profit certainty every day to their users. In fact, those who claim that their signals can provide profits every day are mostly scammers. So just be careful when you use these signals, because you could become one of the victims of the scammers.

R


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May 02, 2024, 05:15:19 PM
 #43

There are no specific strategies to use on making a daily profitable trades, we are to engaged on the use of any one from how we have seen it being helpful in serving through the purpose we want them to, if we think we can cope with day trading, then we have to go for it and if it's all about other category, it's still not a bad idea for us to use a particular strategy we feels best for the kind of trade we are going for.



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May 02, 2024, 05:55:20 PM
 #44

There are no specific strategies to use on making a daily profitable trades, we are to engaged on the use of any one from how we have seen it being helpful in serving through the purpose we want them to, if we think we can cope with day trading, then we have to go for it and if it's all about other category, it's still not a bad idea for us to use a particular strategy we feels best for the kind of trade we are going for.
I don't know hwy many of these newbies want to start making money in trading without taking their time to learn very well.
We can't just wake up and decide to learn about trading without being ready to learn for as long as possible.
Some persons are too quick to make money that is why they are getting frustrated from trading loses.
Losing will always come but one need to be ready and prepared to master the art of trading to start benefiting from the market.









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May 02, 2024, 06:37:56 PM
 #45

trading isn't a job with consistent earning, sometime you lose sometime you make profit so considering making daily profit on trade on its own is already giving you sort of warped knowledge about what trading it, i mean you can definitely make daily profit if you okay with losing sometime but its definitely not gonna give you consistent daily profit through out entire years that will never cause you loss unless you're some kind of genius trader that could make some miraculous trades but most of the time most people also suffer loss frequently.
so basically never depends your profit from trading, its not an activity where it can be sustaining unless you have big capital and you profiting once already cover your entire year expenses then it might be sustaining for you.
you better off making good few trades that give you profit instead of forcing daily trading anyway there are so many thing that could mess up with your trade, rethink your decision.
No one can guarantee profit in trading, there will be both profit and loss, but in case of spot trading, the loss is not very big. But future trading is like gambling where one loses his entire balance. Futures trading is high risk like all gambling so no one can ever profit from it with confidence.  On the other hand, when doing futures trading, greed works more, so everyone takes more leverage and then liquidation takes place.  So I am always against futures trading. I don't like futures trading and I don't encourage anyone to do it.


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May 02, 2024, 07:33:27 PM
 #46

I doubt with guarantee to earn profitable in daily with future trading, can't predicting yet how bitcoin and altcoin price decreasing significant make us get risk when trading in future. Actually is very good position if get lucky when opening short or long position in trading and market up or down significant will make easily to earn profit in short team with future trading.
But many time after long position opening market get crash drastically and I faced yesterday after opening long on BNB coins price drop almost 10% and near future with liquidation. For future trading need back up fund how keep away from liquidation but future trading most faster to earn much profit than spot trading get difficult with daily day profitable earn.

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May 02, 2024, 08:35:39 PM
 #47

You can't rely on signals from a telegram group to make a profit every day, because it's the same as entrusting your money to someone else's hands, you don't know when that person's decision will be wrong and that will cause you to lose money. Moreover, as far as I understand, if it is a reliable signal, then usually they will not claim that they can provide complete profit certainty every day to their users. In fact, those who claim that their signals can provide profits every day are mostly scammers. So just be careful when you use these signals, because you could become one of the victims of the scammers.
You know, scammers never stop from hunting their victims because they are sure that there will always be weak traders who will definitely fall for their traps. If what OP is telling is true, then there’ll be most likely a lot of rich traders these days, but we all know it’s not happening because all trading signals coming from telegram or any group are obviously not reliable at all. And the fact that there’s no successful trader who gets to profit daily, most especially in a highly risky activity like futures trading.

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May 02, 2024, 09:11:32 PM
 #48

Hey OP, from what you have written, I don't sense any knowledge from you regarding futures trading because those with knowledge don't depend on signal groups from Telegram. If you are in signal groups and hoping that you can always make a profit from them then you are wrong. No one can depend on signals or someone else to be able to earn profits consistently in the cryptocurrency market whether it's about the futures market or the spot market.

Futures trading is not for newbies or new traders, it is only suitable for experienced and knowledgeable traders, and from what we are seeing here, you are not one of them, and only newbies and new traders tend to join cryptocurrency signal groups and use those signals for their trading activities.

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May 02, 2024, 09:30:16 PM
 #49

Hey OP, from what you have written, I don't sense any knowledge from you regarding futures trading because those with knowledge don't depend on signal groups from Telegram. If you are in signal groups and hoping that you can always make a profit from them then you are wrong. No one can depend on signals or someone else to be able to earn profits consistently in the cryptocurrency market whether it's about the futures market or the spot market.

Futures trading is not for newbies or new traders, it is only suitable for experienced and knowledgeable traders, and from what we are seeing here, you are not one of them, and only newbies and new traders tend to join cryptocurrency signal groups and use those signals for their trading activities.

Following these signal groups is detrimental to your funds. He will find this very soon. I don't hear or see any signal group with good reputation. Most of them are screwing users funds. This is why you won't see a long-time trader relying on signal groups especially if you are dealing with futures trading. I bet these owners of telegram signal groups are just enriching themselves. They don't care about their subscribers, that's the truth!

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May 02, 2024, 09:35:05 PM
 #50

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Do you need signals for those?
People that are always endorsing signals group on telegram and why you need to ask for everyone's thought here?
Are you deceiving yourself that you've got some good knowledge about trading futures because it seems that you don't.


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May 02, 2024, 09:40:01 PM
 #51

Day trader always make profit in daily futures trade, though their net profit will still be based on when they stop trading and if they make more money compare to their losses. If you are planning to play long always, then how can you make profit daily? Futures trading are risky and if you have limited knowledge about this better not to try yet and instead focus on understanding it and be more knowledgeable about futures.

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May 02, 2024, 09:48:08 PM
 #52

No there are no guaranteed ways to make money by future trading. None of those signal groups or bots will help you. This is a tough game and it’s the reason why most traders lose.

Only way to get gauranteed money with futures is perhaps with a cash and carry trade. You buy BTC or ETH, and you sell it on the futures market at a premium, use the underlying as collateral so you don’t get liquidated. Then you wait till expiry and you are in profit. There is counter party risk here since you need to keep it on an exchange however.
Even if you do simple trading, still you cannot guarantee to make daily profits by then. Trading itself is risky and dangerous most especially if you are not skillful on it. That’s why a lot of traders are only good at the beginning but end up quitting and selling their coins, or resort into long term hodling.

Now talking about futures trading, that’s even more risky to take. Trading experts cannot even make daily profits in it, so how much more for those who are still starting to do futures trading.

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May 02, 2024, 09:50:42 PM
 #53

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I wouldn't recommend that exactly if you're not really having huge funds actually, eventually you'll get burned because to market volatility.
My strategy that makes sure gains was dual investment, and with my kucoin trading of asset went good at optimum profit. However, the behavior doesn't remain stable but somehow safer state was really amazing as well.


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May 02, 2024, 10:13:31 PM
 #54

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
You will be wrong if trusting people who say that you can make a profit daily as they are telling you lies. It is much more if you are joining signal groups, they are more scams. You'd rather try and believe in yourself than trust those people because you know the situation better than them. Remember that the market is volatile, you can make a profit from trading but it is impossible daily. Maybe if you have a long trading experience and really doing so well but if you are just a beginner, stop dreaming about it.



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Rainbot
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May 03, 2024, 11:48:26 AM
 #55

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
The most important thing is that if you are an experienced trader, you should never rely on grouping trading signals. The first thing you need to do is to gain enough knowledge about trading.  If you are new to trading then you must first gain enough knowledge about trading then you have to trade. You need to have a long term plan in trading, many times we trade in too much haste, we cannot be in too much of a hurry and if you can trade patiently with a long term plan, you will definitely become a successful trader in the future. In trading, of course, we often lose patience, so we should not lose patience, we have to trade patiently. Patience is very important in trading. Many big traders also lose patience at some point, so if you can trade with patience, you will definitely get success.

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May 03, 2024, 12:03:44 PM
 #56

Day trader always make profit in daily futures trade, though their net profit will still be based on when they stop trading and if they make more money compare to their losses. If you are planning to play long always, then how can you make profit daily? Futures trading are risky and if you have limited knowledge about this better not to try yet and instead focus on understanding it and be more knowledgeable about futures.
NO, day traders never make a profit every day. If ever there is someone who could make a consistent profit, he/she is more than an expert (or whatever we call for that). With the risk involved and the high volatility of the market, nobody can make it perfect. If we are looking for a daily profit, this would not be trading, especially if we are talking about futures trading.
This is why I suggest OP do not think about it deeply as it will badly influence his mind. And never be a good place for beginners. In fact, even old and experienced traders prefer spot trading over futures trading because of its risk level. 

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May 03, 2024, 01:03:12 PM
 #57

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

       -     You know Op I'm laughing at you, I'm sorry, I said this because you said you have good knowledge in futures trading and yet will join a signal group, hahaha... are you serious about what you said?

Because if you really have knowledge in trading, you will not entrust your trading activity to others, instead you will trust more in the analysis you will do.

Then there is another trading signal group here in the forum that is only laughed at by the majority of the community here because the majority of the trading signal group thinks that they are scammers.

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May 03, 2024, 02:35:54 PM
 #58

So based on your statement your information came from a third party or easily to say second-hand information, there's no assurance that your signals is accurate without having data or share of information with your win rates of trade. It's easy to say you are a good trader, everyone can say they are good in all things. Honestly don't rely on those signals came from groups sometimes its just a manipulations. Move on your own, learn from your own. OP's statement so skeptical.

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May 03, 2024, 02:46:31 PM
 #59

For day until i get profit.. Is this good idea or let me know if there better idea
You definitely know, crypto trading has high risks, just information for you, don't take it seriously about trading in telegram groups, there is a big possibility of acting as a fraud, especially as currently the crypto market is green/red, As far as I know, if the crypto market situation is like this, fraudsters have clever tricks to convince their users to invest and trade.

Learn how to trade with those who are experts in the real world, by asking real people, it's better, than on social media.

R


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May 03, 2024, 04:50:52 PM
 #60

you can do whatever you want. but you have to pay attention to your knowledge, skills, and experience if you want to day trade.
What you also need to know is that in trading there are also losses, and not all traders can manage their risk of loss in every trade.
especially if you rely heavily on signals, it shows that you don't know much and don't have experience in trading.
My advice is to leave the signals and focus on developing your trading skills. Nowadays you probably spend a lot of your time and money learning to trade. but it will be more meaningful than rushing to make a profit by following the signal. you won't have anything to be proud of.
Day trading is such a hard concept to master that many people end up not realizing what they are doing, whereas it is such an easy concept to start because all you have to do is deposit some money and trade, it's a few buttons that's it nothing more. A lot of people start without knowing anything, and they end up with a lot of trouble, because they do not understand how it should be moving forward.

The early days of trading life for anyone will be bad, unless you just happen to start at the very good bull run period, and you will only become better at it by trying to learn and understand how all of it works. If you can do that, then you are going to be able to actually do something that is profitable for you on the long run.

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May 03, 2024, 05:41:29 PM
 #61

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I won’t comment whether the idea is good or bad. But when it’s your own hard earned money, then why relying on other people’s calls. You should yourself take courage to learn about market analysis and do it yourself to choose the perfect coin to invest. It’s good as long as you are making profits from it. But if you make losses by chance, then you will complain about the source only. Hence, it will be ideal to do your own analysis and do the investment.

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May 03, 2024, 08:19:36 PM
 #62

I have good knowledge with crypto future
I get signals from groups on telegram
I don’t think you are knowledgeable about crypto trading, and I will recommend you stay away from future trading if you are not a professional trader yet. I don’t want you to come back here and post about how you lost your entire money in future trading. If you have knowledge about future trading, you should be doing analysis yourself, and not getting signals from groups, or maybe groups that you join, makes you believe you are already a professional trader.

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
You claimed to be knowledgeable about crypto trading, so you shouldn’t be asking questions like this. Questions like this are supposed to be asked by newbies and not someone who already has knowledge about crypto trading.
 
You are not even confident about the strategy that you are using, you are not sure if it’s correct or not. If you involve yourself in future trading, you might be making money now and be happy, but whenever you lose, you will lose everything you have made before.

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May 03, 2024, 09:16:12 PM
 #63

...You are not even confident about the strategy that you are using, you are not sure if it’s correct or not...

This strategy is not real, as it assumes that all trades will be profitable. OP mistakenly believes that every trade will bring profit every day and 1 day is enough for this. He does not even consider such a scenario when the price will move in the opposite direction to his expectations.

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May 03, 2024, 09:45:47 PM
 #64

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

From your writeup, it is clear that you are knowledgeable about cryptocurrency, as you may have claimed. If you truly are knowledgeable, I don't think you need to come up with this kind of thread by telling the other members that you have good knowledge about cryptocurrency.
 
With your good knowledge, why are you still relying on signals group? I don't think you really need them. Even the signal groups, many of them are just scams; they will give you a signal and at last you will still lose, and later it will be complained that they will be given up and down, so the best way to trade is to learn how to trade and try to have good knowledge about it, and with that, you can also start gradually and from that, you grow with trading knowledge. 

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May 04, 2024, 04:09:43 AM
 #65

Why people so aggressively in reply

I think this is good method imeant trading without leverage

Actually there is lot manipulation lately so its safe method
I do not see any aggressiveness on the posts that were made prior to your own post, if you are so sure your method is as good as you claim then try it, but if you were to lose your money, which is by far the most likely outcome, then you do not really have any right to complain afterwards as you have been warned several times against this by the members of the community.

Honestly I wish you the best, but since I have been part of this forum, I have seen many people trying what you want to do, and most of them did not do well.

.
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May 04, 2024, 08:30:45 PM
 #66

You can't rely on signals from a telegram group to make a profit every day, because it's the same as entrusting your money to someone else's hands, you don't know when that person's decision will be wrong and that will cause you to lose money. Moreover, as far as I understand, if it is a reliable signal, then usually they will not claim that they can provide complete profit certainty every day to their users. In fact, those who claim that their signals can provide profits every day are mostly scammers. So just be careful when you use these signals, because you could become one of the victims of the scammers.
And I think even the good traders do also have bad days but to be like them who are not depending on others is still better. Getting signals from others and still initiating the trade on our own is also better than handing out the money to them because they can ran away with it if they wanted to. If a signal group is legit and proven to have a reliable signal, then why will they hide it when they can gain more subscribers if they showcase their special talents?

There are still people/group who don't offer their skills to the public because they still can earn enough money anyway and they have other reasons like they are afraid that their strategies may not work anymore, etc... You still got a point that those who present their selves as too good to be true are mostly a scammer because like I said earlier, if they won't do it, only less or no people at all are going to get attracted at them.

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May 04, 2024, 09:39:15 PM
 #67

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
If you already have it all and then you are quite sure, why should you doubt again?
Oh yeah, actually, the future market is very risky, right? Indeed, the results sometimes double and make us feel very happy with these profits. but otherwise we could also experience a very sad liquidation. So, will betting with traditional signals really work? Maybe it's because you already have your own understanding of future trading so that these signals can be used to optimize your analysis.

The important thing is that you understand what you want to do, you do the analysis, and you are confident in the strategy you have been implementing so far. As long as it works, then continue, but if not, at least make modifications.


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May 04, 2024, 09:39:46 PM
 #68

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I won’t comment whether the idea is good or bad. But when it’s your own hard earned money, then why relying on other people’s calls. You should yourself take courage to learn about market analysis and do it yourself to choose the perfect coin to invest. It’s good as long as you are making profits from it. But if you make losses by chance, then you will complain about the source only. Hence, it will be ideal to do your own analysis and do the investment.
You have a good point. It’s your hard-earned money that you are using to invest, so do the things that will make it work and profit. If you have an instinct that signals from telegram are worth to trust, hence prove it to yourself, not to the people here. It’s not that everyone who trust signal groups end up a waste of time and money, some are still profitable in their own ways. But always take some caution. It’s not bad to analyze first all those trading signals and make your good study on it, before you apply them in your trades. Be responsible of your own trades, know what’s best for it and avoid what will ruin it.

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May 04, 2024, 09:59:09 PM
 #69

I have good knowledge with crypto future
I get signals from groups on telegram
If you already have good knowledge, why you rely on the group signals on telegram?
I think it is better to make your own signal, your knowledge will be useful. If you only wait for the signal from a group on telegram, you even don't need to have knowledge.

But i got idea to make profit daily
I choose some coins potential raise and open long  positions on them and hold
I'm not sure it is a good idea to make a daily profit on future trade.
How often you get profits from future trade so far?
For me, future trading is like a gambling in crypto trading. If you fail, you will lose all the funds.
If this happens every day, you may lose bigger. Just think again before doing daytrading in future trade. It is better to do daytrading in spot trade.



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May 05, 2024, 11:03:50 PM
 #70

...For me, future trading is like a gambling in crypto trading. If you fail, you will lose all the funds...

In order not to lose your entire deposit, you do not need to open an order for 100% of your available funds. Actually, there is a risk management strategy for this. Try trading 2-3% of your deposit. In this case, if the price moves contrary to your expectations, you will lose only these 2-3%, and not the entire deposit.

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May 06, 2024, 12:00:24 AM
 #71

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

I won’t comment whether the idea is good or bad. But when it’s your own hard earned money, then why relying on other people’s calls. You should yourself take courage to learn about market analysis and do it yourself to choose the perfect coin to invest. It’s good as long as you are making profits from it. But if you make losses by chance, then you will complain about the source only. Hence, it will be ideal to do your own analysis and do the investment.
True. You should be responsible of your own investment by making the wisest decision that you think is right, and not because majority of people are saying it to you. Yes, it could be risky to rely on group signals or from those crypto influencers but it could be riskier if you invested without knowing in the first place.

You should know that the best way to be profitable in this kind of industry is to focus on your own growth and enhance your potentials, and that will only be possible if you rely on yourself and get acquainted on how the crypto investment works and on how you’ll become excellent in predicting market analysis despite of its high volatility.

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May 06, 2024, 12:14:36 AM
 #72

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
I don't think this is effective when you are fully relying on someone's signal. What if they don't provide any more or they will start becoming unprofitable?
I highly suggest you also learn even if you are relying on them, just learn because you will adapt it, and will be helpful in your trading.

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May 06, 2024, 08:58:55 AM
 #73

In order not to lose your entire deposit, you do not need to open an order for 100% of your available funds. Actually, there is a risk management strategy for this. Try trading 2-3% of your deposit. In this case, if the price moves contrary to your expectations, you will lose only these 2-3%, and not the entire deposit.
Well if they start with only 100$ then this method would mean spending 2-3$ per trade which is literally nothing. Therefore proper choice coins before starting the trade is important. The altcoins will always lead to bigger losses but not bitcoin, so that is one point. Again knowing how to deal with a opposite side movement is also important. Here you don't give up hope and panic sell but you hold it so that when the price crosses over you can sell the asset to break even.

However these little things will never be learnt from signals groups and all. It comes from practice and experience.

R


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May 06, 2024, 06:29:24 PM
 #74

In order not to lose your entire deposit, you do not need to open an order for 100% of your available funds. Actually, there is a risk management strategy for this. Try trading 2-3% of your deposit. In this case, if the price moves contrary to your expectations, you will lose only these 2-3%, and not the entire deposit.
Well if they start with only 100$ then this method would mean spending 2-3$ per trade which is literally nothing. Therefore proper choice coins before starting the trade is important. The altcoins will always lead to bigger losses but not bitcoin, so that is one point. Again knowing how to deal with a opposite side movement is also important. Here you don't give up hope and panic sell but you hold it so that when the price crosses over you can sell the asset to break even.

However these little things will never be learnt from signals groups and all. It comes from practice and experience.
I do agree that trying to trade with such a small amount wouldn't work, a 2-3% method would work if you have at least 10k dollars, because in that case it is 200-300 dollars, and you could make some money there, but even in that situation if you make as much money as doubling your money, that would be 300 dollars more to your 10k, nothing big right away, it has to be consistent and for a long term in order to say that you did well.

I believe if you have just 100 dollars, then the lowest you should go would be fifty bucks, because that means you will be able to make a lot more, something that actually means something. Once again, even with just hundred bucks, you are going to end up with consistent and long term results that would mean something, daily it won't be much.

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May 06, 2024, 10:52:52 PM
 #75

I do agree that trying to trade with such a small amount wouldn't work, a 2-3% method would work if you have at least 10k dollars, because in that case it is 200-300 dollars, and you could make some money there, but even in that situation if you make as much money as doubling your money, that would be 300 dollars more to your 10k, nothing big right away, it has to be consistent and for a long term in order to say that you did well.

I believe if you have just 100 dollars, then the lowest you should go would be fifty bucks, because that means you will be able to make a lot more, something that actually means something. Once again, even with just hundred bucks, you are going to end up with consistent and long term results that would mean something, daily it won't be much.

It does not matter what kind of deposit you have, because if you do not adhere to the risk management strategy, you will definitely lose your deposit, no matter how big it is.

And if a trader with a small deposit follows your advice by opening an order for 50% of the deposit, then in case of 2 unsuccessful trades, zero of his deposit will remain.

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May 06, 2024, 11:12:44 PM
 #76

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
I don't think this is effective when you are fully relying on someone's signal. What if they don't provide any more or they will start becoming unprofitable?
I highly suggest you also learn even if you are relying on them, just learn because you will adapt it, and will be helpful in your trading.
True, not all signals are meant to give profit, not all analysis will guarantee you a profit, and it is wrong to only rely on others signals without knowing why they came up with that analysis or pattern. The thing is, yes, you could earn in trading using day trade, but of course, don't expect that you will earn always because there is no 100% in trading. If you are really good at trading and have a lot of experience, you could make a profit daily, but based on your experience, you are only relying on the group signals. What if what they gave you is meant to lose you a lot of money? Will you blame them? I do not discriminate against your group and their signals; it is just that you should not be too reliant on their signals alone; you should know how to come up with an analysis by yourself.

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May 07, 2024, 03:16:23 PM
 #77

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily
I choose some coins potential raise and open long  positions on them and hold
For day until i get profit.. Is this good idea or let me know if there better idea
If you have good knowledge about the future of crypto, I think you can share that knowledge when someone asks if there is a strategy that is profitable every day like the one you are asking here.
Day trading contains greater risks than imagined.

Regarding the general picture you got in the telegram group, have you put it into practice and is what you found there really profitable?
If when you practice it it doesn't turn out to be true, then don't listen to it.
I only do spot trading not other margins which I don't know well. Even spot trading is not always profitable every day.
Instead of trading, it's better to invest. Buy it and move it to your personal wallet and hold it until the price increases.

R


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May 10, 2024, 07:15:24 AM
 #78

I do agree that trying to trade with such a small amount wouldn't work, a 2-3% method would work if you have at least 10k dollars, because in that case it is 200-300 dollars, and you could make some money there, but even in that situation if you make as much money as doubling your money, that would be 300 dollars more to your 10k, nothing big right away, it has to be consistent and for a long term in order to say that you did well.

I believe if you have just 100 dollars, then the lowest you should go would be fifty bucks, because that means you will be able to make a lot more, something that actually means something. Once again, even with just hundred bucks, you are going to end up with consistent and long term results that would mean something, daily it won't be much.

It does not matter what kind of deposit you have, because if you do not adhere to the risk management strategy, you will definitely lose your deposit, no matter how big it is.

And if a trader with a small deposit follows your advice by opening an order for 50% of the deposit, then in case of 2 unsuccessful trades, zero of his deposit will remain.
This is the right way to think about the markets, if a person has such a small capital that a profit of a few percentage points do not really represents too much money for them, then the correct course of action is not to increase the amount used on each trade, since the risk of losing all our capital will increase as well.

The correct move would be to wait and save more money until our capital reaches a high enough amount and then we can trade the markets, it is true such a thing could take months or even years, but it is not as if the markets will disappear or anything like that, while all that time can be used to improve our strategy and our abilities as traders.

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May 10, 2024, 10:12:27 AM
 #79

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
If you already have it all and then you are quite sure, why should you doubt again?
Oh yeah, actually, the future market is very risky, right? Indeed, the results sometimes double and make us feel very happy with these profits. but otherwise we could also experience a very sad liquidation. So, will betting with traditional signals really work? Maybe it's because you already have your own understanding of future trading so that these signals can be used to optimize your analysis.

The important thing is that you understand what you want to do, you do the analysis, and you are confident in the strategy you have been implementing so far. As long as it works, then continue, but if not, at least make modifications.


Knowledge gives us confidence but most of all, having a working strategy will lead us to success which I don't think OP has. And I'm sure that OP is not aware of how the signal groups scam people, and innocent individuals because if he/she just knows it, I'm certain he/she won't mention it. But as usual, many people got tricked by these groups of scammers, they promise daily profit and huge gains but it is far from the real thing. Knowing more about the market is very important as this will be our tool for reaching our goal. And the thing we can do is trust no other but just ourselves alone, not these signal groups.

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May 10, 2024, 11:38:58 AM
 #80

...The correct move would be to wait and save more money until our capital reaches a high enough amount and then we can trade the markets, it is true such a thing could take months or even years, but it is not as if the markets will disappear or anything like that, while all that time can be used to improve our strategy and our abilities as traders.

I think that after all, the right decision would be not to wait for the moment when you collect enough money for full-fledged trading, but to start trading with a small balance, which will help, if circumstances are positive, increase your deposit. In addition, you will get an experience that money cannot buy.

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May 10, 2024, 12:02:43 PM
 #81

I think that after all, the right decision would be not to wait for the moment when you collect enough money for full-fledged trading, but to start trading with a small balance, which will help, if circumstances are positive, increase your deposit. In addition, you will get an experience that money cannot buy.
Going full-fledged with either trading or investment when you don't have enough experience in the market is very bad idea. It will cause massive and painful loss for your capital because lack of experience can be beginning of domino loss effects.

To gain experience, people need time and actual practice in the market so using capital gradually for investment or trading is better practice approach. It will help us to analyze our knowledge, practice and can adjust it if possible, without losing all our capital with one or two full-fledged investment or trading.

R


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May 11, 2024, 06:43:35 AM
 #82

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea

From your writeup, it is clear that you are knowledgeable about cryptocurrency, as you may have claimed. If you truly are knowledgeable, I don't think you need to come up with this kind of thread by telling the other members that you have good knowledge about cryptocurrency.
 
With your good knowledge, why are you still relying on signals group? I don't think you really need them. Even the signal groups, many of them are just scams; they will give you a signal and at last you will still lose, and later it will be complained that they will be given up and down, so the best way to trade is to learn how to trade and try to have good knowledge about it, and with that, you can also start gradually and from that, you grow with trading knowledge. 


It seems that what the OP did was pretend to be knowledgeable about trading, but the truth is that he is not. Sorry for these things, because why relay on the signal group if you have good knowledge of trading, right? The risk is even higher when you join signal groups.

If we ourselves are the ones who do the analysis of the trading activity that we are going to do, there is a risk, especially if we entrust our trading earnings to others, right?



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May 11, 2024, 02:53:22 PM
 #83

I think that after all, the right decision would be not to wait for the moment when you collect enough money for full-fledged trading, but to start trading with a small balance, which will help, if circumstances are positive, increase your deposit. In addition, you will get an experience that money cannot buy.
Going full-fledged with either trading or investment when you don't have enough experience in the market is very bad idea. It will cause massive and painful loss for your capital because lack of experience can be beginning of domino loss effects.

To gain experience, people need time and actual practice in the market so using capital gradually for investment or trading is better practice approach. It will help us to analyze our knowledge, practice and can adjust it if possible, without losing all our capital with one or two full-fledged investment or trading.
I have to say that we are going to end up with something that will not be all that simple, we are going to get something that will take a while to get there, so it is not going to be all that easy. We should probably realize that learning how to be a good trader isn't that simple, and it will require months, even years of learning, you should probably stay away from trading itself for at least 3-6 months to learn how to be a good trader first, and another 6 months to just trade with small amounts to see if you actually learned it.

Depending on if you are making a profit or not, you could increase the amount or go back to learning, some people fail to learn and make a loss, then you start to study again, some people learn and start to make profit, those could increase the amount.

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lixer
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May 11, 2024, 08:38:04 PM
 #84

It seems that what the OP did was pretend to be knowledgeable about trading, but the truth is that he is not. Sorry for these things, because why relay on the signal group if you have good knowledge of trading, right? The risk is even higher when you join signal groups.

If we ourselves are the ones who do the analysis of the trading activity that we are going to do, there is a risk, especially if we entrust our trading earnings to others, right?
Yeah, we got him already and there is no way for him to hide. He is only making his situation awkward by doing these things. This is something that someone can get if they will rush things without thinking twice about the outcome of their actions. You don't need to say sorry when making that kind of comment of yours but if ever someone who needs to do it, that would only be the OP. Trading is hard so the earnings that came from it, should be valued very well. If we are knowledgeable, we can trust our selves more than the others but if not, it's also not a good excuse to just depend on someone else. Instead, we must learn on our own first.

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May 11, 2024, 08:47:59 PM
 #85

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Funny thing about trading is that people use all kinds of strategies, even the so called obsolete ones such as RSI trading, Bollinger bands, support and resistance etc all work for someone that has mastered them..so if you have a winning formula that brings you daily profit then don't change it!!! Like the saying goes, "of it ain't broke don't fix it!"

But personally I wouldn't be going for the daily profit targets because this puts so much pressure on your psychological such that should you have a losing trade this now turns to revenge trading then your risk management rules are thrown out of the window before you know it you lose more than you planned for.. so daily targets are a no for me...slow and steady wins the race!!!

R


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Bravut
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May 11, 2024, 10:19:19 PM
 #86

I have good knowledge with crypto future
I get signals from groups on telegram

But i got idea to make profit daily

I choose some coins potential raise and open long  positions on them and hold

For day until i get profit.. Is this good idea or let me know if there better idea
Funny thing about trading is that people use all kinds of strategies, even the so called obsolete ones such as RSI trading, Bollinger bands, support and resistance etc all work for someone that has mastered them..so if you have a winning formula that brings you daily profit then don't change it!!! Like the saying goes, "of it ain't broke don't fix it!"

But personally I wouldn't be going for the daily profit targets because this puts so much pressure on your psychological such that should you have a losing trade this now turns to revenge trading then your risk management rules are thrown out of the window before you know it you lose more than you planned for.. so daily targets are a no for me...slow and steady wins the race!!!


All strategy work, but refinement of such is what puts you in a very profitable position. I don't doubt you calling those strategy obsolete though as far as you get paid it yours not mine.
But the question is for how long are we going to move from one strategy to another?

In a simple word, OP need to study.

Daily targets or not, ensure you're getting paid, and make every move to advance in this journey.

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adpinbr
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May 19, 2024, 11:14:38 AM
 #87

Sometimes I don’t really tell people to advice Trading because Trading is something you need to understand what you are doing first before you sit for advice on the particular decision you have taken because you took your decision as an idea and the contribution is needed for you to understand what you took his right well I just feel like You are technically right, but you still need to get more deeper deeper or maybe you should go for research and watch on YouTube and see the aspect issue going very well



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