Expected yearly profit percentage from daily trading

So, if you’re aiming for big profits from daily trading, it usually means you’re using high leverage, which often leads to losses. Here's a straightforward question to help you figure out if you're a decent trader or not. Are you trading without a clear idea of the percentage of coins you want to make over the year? If you find yourself losing money after a few weeks or months, do you have a plan to still reach that percentage by the end of the year? Have you ever actually hit that goal?

I actually have a monthly target and that is around 200 USD which is super small for some people here. Let me try answer based on opinion - Trading yearly means this isnt futures or other trading derivative so I would say this is SPOT only, While it come to spot I have no percentage or target because after I buy it on centralized exchange I usually withdraw it and keep it on cold wallet, but if the token already hit 50-100% I usually consider to take profit my intial investment before avg up. - Since this spot Im rarely having stoploss, If I lose and the token have a good perspective and have active development and community usually I do Average down with Dollar Cost Averaging technique

This aid absolutely true, the easiest way that traders lose is by having a daily, weekly or monthly targeted amount that they want to earn. This doesn’t only lead to high leverage usage but also increases the risk the trader will expose themselves into, most especially risk involve in revenge trading because if a trader actually loses and is yet to meet his target he goes on chasing the market instead of re strategizing or even back testing his trades. We all know that under this conditions good analysis are not carried out before entering into the trade. For me the only target I have is to be consistently profitable and this not chasing wins in every trades or have a targeted amount, but overall I stay profitable over a long period of time that’s my strategy, if the loses though are too much I usually stop trading and back test my strategies again.

If we talk about Bitcoin, based on Dansus021's opinion above, if we want annual profits, this will not work on futures because most future contracts expire in months. And we're talking about Bitcoin; if you buy BTC, don't expect annual profits, but rather a four-year cycle. Why? Because if you know the historical data of BTC, every four years it hits a new all-time high. Even other altcoins should be viewed in four year cycles rather than annually, because you may experience a loss of profit during that time, while if you hold your coins for four years, you should be able to see a positive profit.

My target is usually only 10% of my capital, but it can be more. My trading method isn't daily, monthly, or yearly. I usually buy altcoins that have stabilized enough, then withdraw them and store them in my personal wallet, although sometimes I just put them on an exchange to wait for the price to rise. This may not be a common approach for traders, but I feel more comfortable this way and still avoid touching new coins.

This is how someone can be a trader and be making money in trading because setting a lower annual expected profit will help in your trading plan. Yes, there are some altcoins that do not have common wallets that you can use for it, so you decide to keep the shit coins on an exchange. I just prefer to buy bitcoin instead, move it to my self-custody wallet. There are some altcoins that I can buy but they are the very common altcoins with high marketcap.

What's the reason for that though? As far as I'm aware, most exchanges support stop loss even in spot market. Some of them even have advanced options like trailing stop loss and whatnot. It can be a trap if you don't have a good criteria to measure active development and community imo. But anyway, if you already have a working plan and risk management then by all means continue your plan and DYOR.

Probably what he meant a good and volatile token like ETH, SOL, etc. For example when SOL reached $250 in 2021 and dropped to $10 two years later. If he used a stop loss and it got hit, then decided to buy again and repeated the same process his stop loss might get triggered again and again. That’s why he thinks DCA is probably the best strategy for him cause a few years later, in 2024 and 2025, SOL touched $250 again where he can decide to sell it or not. Personally, I don’t have a specific target in percentages or a fixed amount like $1,000 per year. When I trade crypto mainly Bitcoin and top altcoins using leverage, I usually take partial profits when the price moves 1%- 5% and then move my stop loss to break even wether it will hit full profit or not. Whatever profit I get, I’m grateful for it. For spot trading, I mostly follow market cycles and rarely trade low market cap coins. For example, when Bitcoin reached $70k and $60k, those were my areas of interest to buy. I’m afraid that if I force myself to set targets, I might start chasing trade and end up paying a lot in fees instead of making profits. That’s why profit is profit whatever the amount we get and not being greedy is the key.

No target for me because I don't know about the future so I don't know what I can make in a year.  If i were losing after few weeks or some months I'd be more inclined on making a recovery instead of chasing the target. I wonder if people really set a target and chase upon that target. Feels pretty unrealistic to me. We couldn't know what we gonna get for the whole year and what we can do is just maximize the opportunity that comes.

Personally, I did have a target before, but it's not possible for me. It wasn't that I couldn't do it, but I feel like I'm being more emotional and focusing on it too much, so it feels like gambling. Now I'm more focused on the R:R and having the right position sizing in my trades. I wish I had the money I lost before, but there's nothing to help me with it now that I'm dwelling on it. This ideology makes it so that it's gambling. I don't think it's healthy to do this just because you might get frustrated if you aren't able to stick to the current goal you set. I believe it's better that you do it in terms of process rather than outcomes. A better system would lead to a better outcome in the long run IMO.

What do you mean by the percentage of coin? You're calculating your profit in coins? I am calculating my profit in stablecoins. Like in USDT or USDC. I trade and sell the coins to book the profit and by booking the profit, I mean by converting it to something that can hold its value and won't lose like in a stable coin. I don't mean to increase the coins I am trading in, I mean to increase the money by trading. Anyway, I will just assume you mean stablecoins here or maybe BTC because I do want to increase the BTC if I am trading but only way is to keep buying, and selling on top and buying again at the bottom. But I don't prefer that way to accumulating coins, I prefer DCA and I buy and sell on the basis of cycles.

Personal, when I take a trade I already set a target for where I believe the market price is going to get to and even before price reaches there, I already know the amount of coins I'm supposed to get as profit, for every 1 or 2 trades I'm taking in a day, I already know and set a target for the profit I expect, I could also say that overall, I just want to have 10 or 20% in a day but I don't set annual target, I just say "how ever it goes, perhaps I'm not in control of the market."

Thats a very well detailed plan if the budget came from a yearly target. In my opinion, a good traded can easily be differentiated by not good trader in terms of percentage loses. Let say we have to compare two trader with have same pot of funds, trader A had a lot of trade execution future trading and spot combine in span of year but had a major loss at the end amounting to 10% of his fund and trader B got only few trades execution like long term hold spot trade but his loss is just less than 5%. We could say that trader B still a good trader limiting his loss to as little as possible.

There are people who makes money while trading daily or monthly as the case may be but what actually happens is that how they structured themselves is what really counts in their trade, there are some traders that jump into trading on future market without them knowing that future trading could be very risky whereby if they uses a higher leverage it would make them to lose so easily that is why as a trader or beginners it's advisable to always trade on the market you can handle.

I do have a target of 20-30% capital growth but it is difficult. I'm fine with 10%-15% because with compounding it can grow significantly. It's not exactly something that I must achieve but it's good achieving this and can boost my capital growth and compound faster. Treat trading profit like staking or investing into a fund. It should grow annually at certain percentage. Do that over and over again instead of getting distracted with profit. If i'm losing then so be it. It's not like the S&P500 going up forever, same with my trading. Up and down is part of the process.

In my opinion, all trader have target profitable earn in daily or monthly and how much increasing coins from investing before selling, I am not talking about future trading with high leverage trough spot trading I set limit coins raise up around 5% to 10% depend on the moment. If any coins already drop significant my profit target in daily day or weekly for that coins must be raise up until 10% but if coins just get few correction my profit raise 5% enough. Trading trough short term earn profit in daily day or weekly must brave for cut loss if won't become long term holder, right now many people interested with short term trading but worry have to cut loss although current coins price dump significant.

To be honest, I think your target is much lower when it comes to crypto trading. I have seen people making 30% to 50% annual growth in stocks trading which is much slower as compared to cryptos. You should be able to clock at least 30% annual target and only then you can be considered as a profitable trader. Anything below 20% is a loss for the amount of risk you take. You can even get up to 15% annual profits with banks and all you need to do there is keep holding the money in our savings account. If you are going a mile forward and taking risk in trading, the rewards should be compelling.  You can only achieve higher target if you have the target right in front of your eyes. Over achieving the target should not be your goal but simply reaching the target on time can make you one of the most successful and disciplined trader of all times.

Every business or businessperson should have plans. The plans might be daily, weekly, monthly, or annually. As a trader, I expect to make a certain amount of gains from my investment. But as we know, this target might be achieved or not. Anyhow it turns out, it is essential to have plans. Many successful traders have lost so many times before they mastered the skills involved in trading. So if I am a trader, I wouldn't give up on my plans because of a few months of losses. I would rather learn and do more accurate market analysis to achieve my trading goals.

If you are aiming for huge daily profits, it usually means you are taking too much risk and that kind of leads to losses. Good traders don’t chase big gains every day, they focus on steady and realistic growth over time. Having a yearly target is good, but it should be flexible because the market is not always the same. Some months you win, some months you lose. But consistency and risk control matter more than trying to hit big percentages quickly.

I don't think anyone that os a serious trading will be doing this trading thing just on vibes so any serious trader will obviously have percentage targets for week/month/year and they'd have to keep6trackof their performances over the same time period too to know if they're doing bad or making steady progress. Also, high leverage is not the way with assets like this.