Post
Topic
Board Trading Discussion
Re: Most Traders are Not Profitable
by
Cryptmuster
on 22/06/2024, 08:12:33 UTC
Actually, having a trading knowledge is cool but it really depends on the skills and experience. That's why it's really hard just to rely on your trading knowledge but if you don't have the experience then you will just lose your money.

And traders will be profitable if they are earning $100+ a day if they are doing future trading, and on spot trader it would be $500 - 1000 a month

It is very difficult to calculate the trader’s profit for the period, if this is medium -term trade, then you should forget about such concepts as earnings in a month. Long -term or medium -term transactions can last months, and you have no guarantees that they will be profitable. Only after the closing of transactions, you can calculate the profit, and if you want to divide it by the number of months, to understand what average profit you received in a month. In trading, making money is not easy, and this requires a lot of practice and experience.