Quote from: evemms on November 14, 2017, 04:37:24 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?

Personally I don't trade but I have a friend who started with $500, he aims to make %20 per week on average so as to double his money about each month. I think he got it up to about $4000 but now he has had to draw some money down each week so is pretty static. I guess each day that would mean he's making about 2-3% or 80-120 usd.

Making that amount of money per day is great but at the same time earning money in trading right now is not that difficult, bitcoin had a great run and everyone earned money, earning money when all the market is red is impossible and at that point the wisest play is to not enter the market but for a trader that is concentrated in making profits every day that can be one of the most difficult lessons to learn and may end up making a lot of bad trades and losing money as a result.