Is 2% or 5% profit impossible to be archived by a trader on a daily?

[Victorybit1]

It's actually achieveable but it all depends on how careful you want to be, some traders take at least two weeks to get up to 3 percent Profit, some might even take as long as 6 months to achieve 5 percent Profit. Beginner traders using prop firm accounts trade like this so they don't end up blowing their account. But the market isn't all about being too careful it's about your knowledge and skillset. There are traders that can achieve 5 percent Profit a day because they have a well developed strategy. But a s a beginner I wouldn't advice you to do this.

[pawanjain]

I know we have some good traders on this forum, and this question is directly to you guys.

I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said.

From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m.

Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience?

I want to hear your opinion on this.

Let me tell you the real truth. Making 2% profit sounds very convincing in the crypto market seeing it's daily volume and volatility.
But the harsh reality is that you won't be able to make this 2% profit daily and if you attempt it then you will lose more than what you have achieved.
I have tried this myself with a bigger capital and I lost money. But may be you can be better than me in trading.
I would say, try your luck with a smaller capital first, even if the profits are small that is okay but try to make daily profits for 1 month.
If you are satisfied with the results then and only then increase your capital.

[alastantiger]

I know we have some good traders on this forum, and this question is directly From my experience in trading, making 2% - 5% profit every day is very possible but people that would have a good advantage over such small profit are those traders that are trading with a large capital like $100k - $1m.
Since I started trading, if my profit target was just, 5%, then I would not close any trade in lose. Perhaps I take just two trade per day. What's you experience?

I won't say it isn't possible to get that result daily but I won't advice anybody to be trading every day because when you do that you're exposing yourself to the risk of the market as the market is too volatile. Over the weekend, the market crashed and alot of money was wiped out of the market which most of them were money from traders..I feel it's better to choose days which you're going to trade and that should be done after you have done some research for that day through analysis to avoid the market dumping in you and making you to lose.

I see many traders don't follow the news to know what's happening hence they get caught unaware and they lose money. Getting a minimum of 2% to 5% when you trade is possible but don't guarantee anyone that you can give them that daily or they they can make that everyday because it mightn't be that possible to some traders that don't have the experience.

[BIT-BENDER]

Using this as a point, there are many stakers that would say they can correctly predict 3-5 odds easily and it would always play out, but to burst their bubbles this is not true because the truth is that it's uncertain.
I don't care how experienced you are you can not make 2% everyday from trading, if it was this easy everyone would be doing it, mind you make gain in trading another person is losing funds some where else.
Trading is still uncertain you might have studied the partners of the market but regardless nothing is guaranteed.

[Don Pedro Dinero]

In general, this is my personal way and seen from my experience and glasses that can be relied on, but yes this is not all other people and can get it, I also have to try to do it with a capital of more than $ 10K but mental pressure and too Mental readiness is different from us using only a small portion that you want to use in the Future market with a crazy fluctuation because it uses leverage.

Seeing from the risks and failures that are definitely there in 1 week, you also certainly have a risk management even though what you use is a small money and you certainly know how much you can tolerate the loss as an SL in every position you are trading.

I don't believe your supposed personal experience. Show a track record that you can show here of 2% daily (average) if you want me to believe you (let alone 5%, with which you would become a millionaire in a short time). Warren Buffet, known as the greatest investor alive, has a public track record of just over 20% per year. He says that if he had to play with less capital he could make up to 50%. That's 0.136% per day. Don't talk nonsense, you are a bad influence on people who don't know about it and get into trading with false hopes and end up losing all their money.

Base on my experience in trading there is no guaranteed wins in it, yes the 2% to 5% profit is definitely not that impossible but it isn’t guaranteed, taking day trades for this percentage wins is simply just like someone who is scalping a trade with small time frame. This actually is best for large capital trades because with a 2% win in a $1000 trade the profit will be $20, imagine with the capital of $100k one will be at $2k profit which if gotten daily will be a really big win in like a month trade.

Do you also believe that large capitals beat Buffet?

Did you mean if the yearly average is taken? Or it must be daily?

If you want such amount daily but which can fail but the probability of it to fail will reduce when you stop thinking about using stop loss and start trading with low amount of money. Learn about average and be wise about it because it is dangerous if misused.

For yearly average, it is also possible.

Another such. Are you going to show us the track record that beats Buffet?

Back when I was starting in trading, I really thought that a mere 5% per day is achievable, especially in futures trading where your money can go up to 5% or even more in just a few minutes depending on the amount of leverage you put in your position.

The more I trade, the more I realize that this is almost impossible to achieve. I mean the constant daily profits is impossible <...>.

What is wrong with them is that they have not yet capitulated like you. They are in denial phase.

getting 5% profit is easy, you can do it literally in 5 minute when <...>

Really? So what are you doing here shitposting for sats?

It's actually achieveable ...

This thread is full of people like you who don't have a clue about trading and are writing rubbish to meet your quota.

[Rockstarguy]

If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading.

Trading outcome can't be predicted,  somedays one can be able to make good profit from trading and some days one can also lose . The outcomes in trading all depends on the market and other factors, sometimes traders achieves little profit but because of greed they feel it is too small and they continue with trading and at the end of the day they lose it all.

[Roseline492]

If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading.

You have spoken my mind, if it was that way we wouldn't have been supporting holding in a anyway because you cannot see a sure 2% to 5% profits and wish to hold when you could make a lot of money, actually with that people who would have $12,000 will be expecting $240 everyday profit with 2% while 5% of this will be $600 daily, is not a minor profit. So actually I will tell the Op that since he had already included the impossibility that is how it is because this is so impossible that even a bot that can trade more human cannot get 2% or 5% everyday but however even if they get it for few days, later the consistent will become inconsistent.

[Oshosondy]

Another such. Are you going to show us the track record that beats Buffet?

Are you saying this is not possible? This is not about Warren Buffett but about a trader that can be able to make 2 to 5% daily. This is very possible but it can be time demanding and it requires a good strategy. If you trade and to do not make profit like that, that does not means
that some people are not making such profit. But just that out of 100% people, less than 10% might make such profit.

[tvplus006]

Are you saying this is not possible? This is not about Warren Buffett but about a trader that can be able to make 2 to 5% daily. This is very possible but it can be time demanding and it requires a good strategy. If you trade and to do not make profit like that, that does not means
that some people are not making such profit. But just that out of 100% people, less than 10% might make such profit.

It is impossible to consistently make such a profit of even 2%, since the market is unpredictable, which is confirmed by the latest dump, in which, according to the CEO of Bybit, traders lost about 8-10 billion dollars - https://x.com/benbybit/status/1886393172152156604 I admit that it is very easy to get 100 out of 10 dollars, violating all the rules of risk management, but it will be very difficult to increase your capital from 1 million to 10 million dollars, which, recalculated just, will amount to 2% profit per day.

[Ultegra134]

I'm not sure about daily; it sounds a bit too much. There are days that there aren't many price fluctuations to account for 5% profit. Some days it might be possible, some others not. It also depends on your capital; 2% might not seem much at $100, but it's a decent amount at $10,000. I used to trade a few years ago; I was aiming at approximately 6-8% profit per trade, not per day. I can't exactly specify the duration of each trade; some were conducted within one or two days after the initial purchase, and some others within the week.

I personally wouldn't be able to trade and achieve such a profit margin on a daily basis; it would require constant monitoring of the market, which is both time-consuming and stressful.

[Oshosondy]

It is impossible to consistently make such a profit of even 2%, since the market is unpredictable, which is confirmed by the latest dump, in which, according to the CEO of Bybit, traders lost about 8-10 billion dollars - https://x.com/benbybit/status/1886393172152156604 I admit that it is very easy to get 100 out of 10 dollars, violating all the rules of risk management, but it will be very difficult to increase your capital from 1 million to 10 million dollars, which, recalculated just, will amount to 2% profit per day.

You said people lost money in trading. That is normal because most people are losing.

Or maybe we can go more on a reality than posting. 2% of $100 is $2. Should I trade $100 for 20 days to win $2 daily on a $50 bet between you and I? That would be $40 profit in 20 days.

This would not be about millions of dollars because we should trade with the amount of money that we can afford to lose.

[tvplus006]

Or maybe we can go more on a reality than posting. 2% of $100 is $2. Should I trade $100 for 20 days to win $2 daily on a $50 bet between you and I? That would be $40 profit in 20 days.

This would not be about millions of dollars because we should trade with the amount of money that we can afford to lose.

In this topic, we talk about the possibility of making a profit of 2-5% daily, rather than for 20 days. And you obviously know very well that it is much easier to double a small amount in trading than a large one. It doesn't take 20 days to make a profit of 40 bucks, just one trade and the right market direction are enough.

I have not heard of such successful traders who would receive a profit of 720% per annum, which would actually be equal to 2% daily.

[Don Pedro Dinero]

If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading.

No it's not easy, it's actually close to impossible. You are another one of those who have no idea about trading and you come here to write here without having a clue saying what is going through your head to fill your quota.

You have spoken my mind, if it was that way we wouldn't have been supporting holding in a anyway because you cannot see a sure 2% to 5% profits and wish to hold when you could make a lot of money, actually with that people who would have $12,000 will be expecting $240 everyday profit with 2% while 5% of this will be $600 daily, is not a minor profit. So actually I will tell the Op that since he had already included the impossibility that is how it is because this is so impossible that even a bot that can trade more human cannot get 2% or 5% everyday but however even if they get it for few days, later the consistent will become inconsistent.

This is complete nonsense. It doesn't make sense at all what you are saying.

Are you saying this is not possible? This is not about Warren Buffett but about a trader that can be able to make 2 to 5% daily. This is very possible but it can be time demanding and it requires a good strategy. If you trade and to do not make profit like that, that does not means
that some people are not making such profit. But just that out of 100% people, less than 10% might make such profit.

Nonsense. Prove what you are saying.

[Zaguru12]

If it is easy for traders to be able to achieve about %2 or %5 of profit in daily profit that means trading would be a very lucrative skill for traders especially when a big amount is being used for trading.

No it's not easy, it's actually close to impossible. You are another one of those who have no idea about trading and you come here to write here without having a clue saying what is going through your head to fill your quota.

I don’t want to force into this debate but there is one thing I know there is never a trader that actually gets a daily constant win, in fact the moment you have or set a daily target for trading is the day you have failed in trading for me, this daily strategy is what is makes most traders over trade and they end up losing everything. Is it possible to be profitable everyday? Yes it is, what is the percentage for this, it is same as a football team winning all their matches even if they are the best in the world.

Rather I think a more suitable approach like a monthly target of getting 20% of your capital is better than daily. Yes there are traders in which one can get more than 100% of the capital in that trade this can cover up for the other days. People who go for daily profits of small percentage are usually gamblers to me holding large capital and most at times they usually get this in like 2 to 3 trades which usually isn’t profitable.

[JollyGood]

Maybe hitting a 2-5% margin is not impossible but doing it on a daily basis seems impossible. What would happen to the total profits if later there was a collapse in the market that resulted in a huge dump? Even if those profits were made they would be lost the moment any given coin lost significant value when it was dumped.

Having said that, even if a dump did not happen it would be very difficult or impossible to achieve any daily guaranteed percentage from trading.

...I was having a discussion yesterday with some friends, while I was trying to let them understand that archiving 2% - 5% profit off the market is very possible in every trading day, they all saw it as to be impossible because the market is so dynamic. "Yea, the market is dynamic but 2% is way too small not to be archived daily, " So I said. ..

I share the opinion of your friends, who also believe that 2-5% profit per day is impossible. The problem is that you will not be able to close all your orders with a profit, because you will definitely have unprofitable trades and liquidations are quite possible, which will not allow you to complete your task.

[Woodie]

2-5% everyday, No it's not possible !!

One thing people don't understand is that trading is one hell of a mind game, and emotions are involved. And here is how this goes, if you take a loss today...guess what tomorrow you will be trading with fear because  that loss will be in the back of your head and you will trade with fear and most likely will result in gambling 🎰.

For best results only trade your A setups and give your mind time to reset so that you aren't haunted by past results especially if it's a loss involved.

Btw, profitable traders don't trade everyday...if it's a big account,  1-5% in a month is all you need!

[qurbanshah02]

2-5% everyday, No it's not possible !!

One thing people don't understand is that trading is one hell of a mind game, and emotions are involved. And here is how this goes, if you take a loss today...guess what tomorrow you will be trading with fear because  that loss will be in the back of your head and you will trade with fear and most likely will result in gambling 🎰.

For best results only trade your A setups and give your mind time to reset so that you aren't haunted by past results especially if it's a loss involved.

Now its talking about 2 to 5% trading profit from which coin would probably think about this coin if knew about it.

This goes hand in hand with the fact that we are now favoring larger coins like Bitcoin Solana is making more use of coins that have a higher value.  If they lose, then there should be courage to be patient, but I think this is a work in which patience is very difficult.  If we trade with fear then we will take loss next time also because it is going to do this with calmness and courage so trade with your mind clear it will definitely make profit and with this profit you can cover loss back.

If this thing comes to us, we will be able to trade then go to profit and loss.  It also goes slowly because it is neither that easy nor that difficult.  It just has to have patience and tolerance as you are saying.

[LoyceV]

Math time: 2% profit per day means 137,000% profit per year. 5% profit per day means 540,000,000% profit per year. Anyone who would be able to do this wouldn't share his secret with the world.

[Oshosondy]

In this topic, we talk about the possibility of making a profit of 2-5% daily, rather than for 20 days. And you obviously know very well that it is much easier to double a small amount in trading than a large one. It doesn't take 20 days to make a profit of 40 bucks, just one trade and the right market direction are enough.

Let us do it like this: in the 20 days, I will make $40 profit and any amount more than $2 each day will be counted as $0 while only $2 will be valid each day. That means no loss at all in the 20 days.

Math time: 2% profit per day means 137,000% profit per year. 5% profit per day means 540,000,000% profit per year. Anyone who would be able to do this wouldn't share his secret with the world.

Is that a compound interest? I will only refer to simple interest. $100 each day to win $2 daily. A good trader should not focus on compound interest but simple interest. Compound interest is possible but it requires patience and not practical this way.

We should not forget to trade with the amount of money that we can afford to lose.

[LoyceV]

Is that a compound interest? I will only refer to simple interest. $100 each day to win $2 daily. A good trader should not focus on compound interest but simple interest. Compound interest is possible but it requires patience and not practical this way.

That makes no sense at all.