Quote from: Poker Player on Today at 07:30:31 AM

Quote from: Etranger on Today at 05:21:45 AM

My trading strategy requires daily trading, I do it every day. And I have a particular percentage in mind while opening orders, I use take profit orders, and I believe I know, what I want in the end of the deal. This implies I have a goal in the end of the month, the specific percentage as well. However, I also assume that in the best case only 2/3 of a month can be profitable, when everything is going like I thought. I cannot count on every day being as profitable as I want. Some of the days can be even red, I can loose not only the potential profit, but also a part of the deposit. This is why we cannot have an illusion of daily or weekly trading as exceptional profitable activity.

Would you care to elaborate? The vast majority of traders lose money but some make money. If you are one of those who win it would be interesting if you could share your experience, such as how long you have been trading, with what approximate capital, what profitability and things like that.

Sure, maybe someone would give some piece of advice. But it worth mentioning, that I am from Ukraine, and cost of life is much lower here compered to European countries or USA/Canada. That is why for somebody my strategy could be less useful, as they have to earn way too much more, than I do.

My monthly deposit is approximately 3000-4000 dollars. Everyday I trade on this amount. I choose only those currencies, I find reliable. For me those are BTC and ETH. And I do only long positions. I am satisfied with one deal, which is opened and closed within one day. The percentage I look for is in the range of 1.3%-1.6%. No more. However, I understand that a day candle could be more than this, I choose not to take unnecessary risks. From my experience, 1.3%-1.6% growth happens every day, no matter which market it is today. I analyse when is the right moment to enter and open position with the goal of 1.3%-1.6%. I do it every day. In a month period I plan to have from 39% to 48%, if every day is successful. However, I am fully aware that every single day of a month cannot be as profitable as I with, sometimes I even close orders with loss. That is why I calculate, that at least 2/3 of a month should be as I plan. That is how I earn at least from 26% to 32% of my deposit in a month. This is all I earn for a living, actually. I have been trading for 2.5 years.