Hi, I have one question, is there anyone here who makes money from trading? And if so, what percentage per year can you earn by trading futures in crypto?
1
0:26
I may look stupid and not understand the topic, but I still want to get an answer to the question and not jokes
Slowpoke
Hi, I have one question, is there anyone here who makes money from trading? And if so, what percentage per year can you earn by trading futures in crypto?
You have to look at risk management. For example, you get 1% up in a trade if you risk to lose 1% of your account and that they call it risk to reward ratio.
Slowpoke
I may look stupid and not understand the topic, but I still want to get an answer to the question and not jokes
You have to look at risk management. For example, you get 1% up in a trade if you risk to lose 1% of your account and that they call it risk to reward ratio.
I know about this, that you can lose here. I am interested in how much top traders or just good ones earn, I studied this topic and it may take several years to get a real plus.
0:37
My question is how much can you earn in percentage if you are a good trader or an average one
On average, most traders aim to make 1 - 5% a month - Whilst only 1- 3% of actual traders outperform the market...
So if you think about it, if only 3% of traders consistently make 1 - 5% a month, then 97% of traders, either break even or lose...
So it's important to set your expectations correctly
1
Slowpoke
What was your peak monthly income at the trading only?
On average, most traders aim to make 1 - 5% a month - Whilst only 1- 3% of actual traders outperform the market...
So if you think about it, if only 3% of traders consistently make 1 - 5% a month, then 97% of traders, either break even or lose...
So it's important to set your expectations correctly
So if I start trading in the first year I will most likely fail, right? But I thought about having everything done for me and I am looking at signal channels in telegram. My logic is that I would rather follow a person who has been trading for several years of his life than make mistakes myself. Is this a stupid tactic?
Slowpoke
So if I start trading in the first year I will most likely fail, right? But I thought about having everything done for me and I am looking at signal channels in telegram. My logic is that I would rather follow a person who has been trading for several years of his life than make mistakes myself. Is this a stupid tactic?
The average trader: loses
the top 5%: equals/outperforms the market
the top .1% do multiple X's a year because their edge is simply that big
1:09
you should absolutely aim for the 5% a month consistent gains
Slowpoke
So if I start trading in the first year I will most likely fail, right? But I thought about having everything done for me and I am looking at signal channels in telegram. My logic is that I would rather follow a person who has been trading for several years of his life than make mistakes myself. Is this a stupid tactic?
The odds of you being profitable from year one are simply zero when taking random distribution & the "luck" part out of the equation
1:11
Learning from an experienced trader def helps but only goes so far, you eventually make most mistakes yourself one way or another
Slowpoke
So if I start trading in the first year I will most likely fail, right? But I thought about having everything done for me and I am looking at signal channels in telegram. My logic is that I would rather follow a person who has been trading for several years of his life than make mistakes myself. Is this a stupid tactic?
Depends how you see failing?
Chances of losing money in your first year - Pretty high...
Chances of learning a ton of information in your first year - Pretty high...
The experience gained in your first two years, is not comparable to anywhere else really, It's a tough game, and as long as you learn, and challenge yourself to do better, and don't quit - Then have you really failed?
Slowpoke
So if I start trading in the first year I will most likely fail, right? But I thought about having everything done for me and I am looking at signal channels in telegram. My logic is that I would rather follow a person who has been trading for several years of his life than make mistakes myself. Is this a stupid tactic?
Also - Telegram is far far worse than Discord for scams, so I wouldn't recommend it.
Some people prefer to follow signals, than do the work themselves, but then they get put into one of two categories - those that will still lose, because they follow them blindly and still dont learn...
And those who still learn, and still follow signals, but don't follow them blindly.
People who follow signals can still get wrecked especially if they don't understand risk management or position sizing etc...
-# Reminder that team members and analysts will NEVER contact you in your DMs or send you friend requests. If you receive any of the above, it's from FAKE accounts!
-# - CrypticJungle will NOT dm you.
-# - Team members will NOT dm you.
-# - Mods will NOT dm you.
-# - Analysts will NOT dm you.
-# - ALL random DMs and Friend requests are from scammers.
Since Sept is usually bearish and Oct is usually bullish
What if pump in sept but dump in Oct
Feels like that would catch the most off guard
Just a thought
Original message was deleted or could not be loaded.
Since Sept is usually bearish and Oct is usually bullish
What if pump in sept but dump in Oct
Feels like that would catch the most off guard
Just a thought
Since Sept is usually bearish and Oct is usually bullish
What if pump in sept but dump in Oct
Feels like that would catch the most off guard
Just a thought
Then I think we get a fat drop in December and January…. Before everyone gets caught out by another move up in feb/march to form a double top and then we dump
D3VOUR3D SOLANA
Then I think we get a fat drop in December and January…. Before everyone gets caught out by another move up in feb/march to form a double top and then we dump
I should clarify by bullish I don’t necessarily mean that bitcoin will go back into price discovery.. I mean that bitcoin dominance will continue to break down.
D3VOUR3D SOLANA
I should clarify by bullish I don’t necessarily mean that bitcoin will go back into price discovery.. I mean that bitcoin dominance will continue to break down.
I should clarify by bullish I don’t necessarily mean that bitcoin will go back into price discovery.. I mean that bitcoin dominance will continue to break down.
Asking a question here, wanna make a program that will track some of the whale wallet movements(I will input the addresses myself) and post it here, would you be interested? I am making this for myself but can share results too.
The program is pretty easy:
It just looks at some whale wallet movements and just gives the sentiment e.g Accumulating, selling and etc. (edited)
Tbh I haven’t used it.
I downloaded it to have a look but have been too lazy to connect everything. But every single person I talk too says the same thing… it’s a dex that is absolutely on par with any CEX out there… and I know people who won’t use anything else now
D3VOUR3D SOLANA
Tbh I haven’t used it.
I downloaded it to have a look but have been too lazy to connect everything. But every single person I talk too says the same thing… it’s a dex that is absolutely on par with any CEX out there… and I know people who won’t use anything else now
Hello there! We are the Black Rocket Team: IT developers, engineers, and enthusiasts who are passionate about Cardano (our website: https://blackrocket.space and Twitter account: x.com). Currently, we are working on the Cardano Phone (Black Rocket Phone). Our team is developing an operating system called BlackRocketOS, based on GrapheneOS...
Because Cardano can do what every other chain out there is hopingg to do, but Cardano can already do it better...
It just needs to become more developer friendly and actually advertise its shit
Learn the crypto basics here: #〔🔊〕learning-channel and #〔📚〕new-to-crypto Want signals, weekly live trading sessions, daily market analysis? Info here: #〔❓〕premium-faq
Okay guys here is an output of my whale program(if you don't wanna check an entire document)
Overall Sentiment (for addresses with sell transactions):
Weekly: big sells (Net: -148613.24 ETH)
24 hours: big buys (Net: 2639.52 ETH)
Okay guys here is an output of my whale program(if you don't wanna check an entire document)
Overall Sentiment (for addresses with sell transactions):
Weekly: big sells (Net: -148613.24 ETH)
24 hours: big buys (Net: 2639.52 ETH)
Discover the CMC Fear and Greed Index, a powerful tool that analyzes market sentiment to help you make informed crypto investment decisions.Stay ahead of market trends with real-time and historical data available through our easy-to-use API.
-# Reminder that team members and analysts will NEVER contact you in your DMs or send you friend requests. If you receive any of the above, it's from FAKE accounts!
-# - CrypticJungle will NOT dm you.
-# - Team members will NOT dm you.
-# - Mods will NOT dm you.
-# - Analysts will NOT dm you.
-# - ALL random DMs and Friend requests are from scammers.
What should happen and what actually happens are often not the same. Mentalitiy from the stockmarket is brought into crypto regardless is what it seems
CrypticJungle | Will not DM you
What should happen and what actually happens are often not the same. Mentalitiy from the stockmarket is brought into crypto regardless is what it seems