๐ Turning $100 into $110 in a single day is it possible?
๐ Your Practical Roadmap: Achieving Daily Profit Targets
Letโs outline a strategy to achieve a daily profit target of $30
with a $100 starting capital, using $50 margin per trade and targeting a 10% gain on each trade. Aim to make 2 trades a day to reach the daily profit target.
๐ Risk Management: Dedicate $50 of your initial $100 for trading. This buffer will protect you from potential losses and provide margin for trades.
๐ Winning Scenario:
Day 1: Starting Capital: $100
Trade 1: Use $50 margin
Target 10% gain on $50 = $5
Total Capital after Trade 1: $100 + $5 = $105
Trade 2: Use $50 margin
Target 10% gain on $50 = $5
Total Capital after Trade 2: $105 + $5 = $110
At the end of the day, after 2trades, your capital has increased by$10, achieving the $10 daily profit target.
๐ Losing Scenario: Follow similar principles as outlined in the previous plans to manage potential losses and remain disciplined in your approach.
If youโre having difficulty finding a coin to trade for a 10% gain, consider messaging me on TWITTER by (clicking the link) for assistance or further advice. I will be glad to provide guidance and suggestions for potential trades and ways to learn.
๐ Your 1-Day Crypto Trading Journey
NOTE: Starting with $100 and aiming for $110 in 1 day requires commitment and discipline. Keep your eyes on the profit target, manage risks prudently, and remain adaptable to changing market conditions.
With the right strategy and mindset, you can navigate the cryptocurrency world and work toward your daily profit goals. ๐น
