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Quote from: yurim37 on Today at 12:04:53 PM

Quote from: akram143 on Today at 11:48:59 AM

Quote from: jerry0 on October 09, 2020, 05:24:15 PM

what about you guys who want to make enough to trade for a living but dont need that much profit a year to do so? Imagine thirty thousand usd for example.

If you have million dollars as capital then you can make 30K in a year easily but if you have 1000 dollars as capital then its nearly impossible to make the amount you expecting.

Futures are your friend....but a very risky friend indeed and that's logical as the more you want to win quicker, the more you have to risk.
For example, I invested 1000$ on binance futures just 3 days ago and now my wallet is almost at 5000$.....but obviously, to achieve that, you have to do almost hour by hour trading, it's like a second work (your prices alerts and stop order need to be updated almost every hour)

Personally, I mostly played on Yearn (YFI)'s recent huge variations of price to make those profits but obviously you need to be on alert almost 24/24.
Conclusion: you very rarely win that amount of money in such short time (relatively to what you invest) without working hard.

I won't recommend futures trading for someone who wants to make money for their living and its really a gambling in my opinion, spot trading is the traditional way and we can use our skills to make the money we wanted.

And there comes the old adage which is even more true in futures market: only invest what you're willing to lose.

yurim37

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