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Author Topic: Is there strategy to make profit daily future trade  (Read 702 times)
Franctoshi
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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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Rainbot
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