Quote from: Radius111 on January 31, 2018, 09:36:37 PM

Quote from: Gabz999 on January 31, 2018, 09:15:54 PM

Quote from: Radius111 on January 31, 2018, 08:45:14 PM

Hi Guys,

When daytrading Ethereum, do you think a profit of 5% will be possible?

What's the maximum percencentage per day in terms of profit?
More than 5%?

Love to see your opinions.
Cheers

Yes sir! It's possible to gain that percentage of profit in day trading. It's is the best percentage to gain a nice profit for every trade. Don't try to set higher percentage of gains, if you set your target profit to 2-5% and make another trade with the same target percentage you ca easily gain more profit.
But I doubt on ethereum, if you have monitored the move of ethereum everyday thn probably you will succeed but if not, try to look to other coins that has a high volume on market.

It's up to the market and to your basis on how you analyse the move of every coin.

Thanks for answering, should I also look on coins with high marketcap, or only high volume?

Yes! Try to look on high volume when you are going to trade. If there are high volume on that coin, the movement of the coin is fast.
I don't know yet if what is the use of marketcap in every coin.