Quote from: beerlover on February 13, 2021, 03:09:28 PM

Quote from: 9thsky on February 08, 2021, 03:50:05 PM

If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?

You can get like two to five percent daily and going by that you will be having not less than thirty percent by the end of the month. But, you will have to know how to and also make use of the right tool, like the stop loss tool, which can be very helpful if you are to use it the right way.

It’s not just about getting tools to make use of, you also need to understand how those tools works because if you don’t understand how the tools works you’re not going to be able to use the right way and make profit. The stop loss tool has to be set the right way, you have to make sure that the loss you’re encountering is not more than the profit you’re going for ,because when the loss is too much more than the profit, you will be gaining nothing. Although I have seen people who claim they are really good that they don’t have to make use of these tools. But that’s left for them, they should decide for themselves.

It is true that you can earn that much with day trading, however there is a difference between being capable of earning that and actually earning that consistently, because I can assure you even if that amount of money doesn't seem to be really that big if someone was able to pull off that consistently every single day then that person regardless of what kind of capital he had at the start of his journey he will become incredibly wealthy in just a few years and yet that is not something common we see in the markets.