Quote from: The_Dark_Knight on November 14, 2017, 02:58:48 AM

Quote from: cryptoking1981 on November 13, 2017, 09:58:02 PM

What sum of money do YOU day trade with? and how much profit do you expect to earn?

It would be interesting to know how much gains (if any), different traders make on a daily or weekly basis and what sort of capital they invest to try and profit.

Looking at many of of the exchanges, you see many alt coins going up by two digit gains so I would assume capital investment of between £1/5k on some of the ascending coins would bring back a decent return?

Setting a target profit per day is I think a mistake, trading by definition is going to give to you a variable income, sometimes you are up and sometimes you are down, however a profit of 1% is great if you are able to manage to pull that off, for many that is too low but that is a lot more than what you can earn in forex and in many other markets.

I agree with you mate. For day trading, a good 1% take home is good enough. I usually do start with .01BTC and see how it goes. If my profit is low I tend to go back to the market and try to increased my returns. But if I think that I profited enough for the day then I quit and just call it a day.

We all know that there are risk that's why its better to get out of the market and not risk everything. I'm not that greedy and target big in a day. As long as I know that my profit and I mean easy profit is already on my pocket, then I quit and do my regular job.

Because in my experience, when I tend to be greedy most of the time I lost everything specially when my emotions try to get the better of me. So I just stay focus and calm and be content of what I'm getting at the end of the day.