Your daily profit depends on three main factors:
Trading Capital (How much money you start with)
Win Rate & Risk Management (How often you win vs. lose)
Trading Strategy & Time Commitment
1. How Much Capital Do You Need?
Your daily target is $30 profit. Letās calculate the required capital based on realistic returns:
Scenario 1: High-Risk Scalping (1-2% Profit Per Trade)
Target Profit per Trade: 1.5%
Trades Per Day: 3-5
Required Capital: $1,000-$2,000
Time Required: 2-4 hours/day
š” Example:
If you start with $1,500 and aim for 1.5% per trade, you can make:
Trade 1: $1,500 Ć 1.5% = $22.50
Trade 2: $1,522.50 Ć 1.5% = $22.84
Total per day: $30-$50
Scenario 2: Moderate-Risk Day Trading (3-5% Profit Per Day)
Target Profit Per Day: 3-5%
Trades Per Day: 1-2
Required Capital: $500-$1,000
Time Required: 1-3 hours/day
š” Example:
If you start with $1,000 and make 3% per day, youāll earn:
Day 1: $1,000 Ć 3% = $30
Day 2: $1,030 Ć 3% = $30.90
Total per month (compounded): $1,900+
Scenario 3: Low-Risk Swing Trading (10-20% Per Week)
Target Profit Per Week: 10-20%
Trades Per Week: 3-5 (Holding for 1-3 days)
Required Capital: $300-$500
Time Required: 30 minutes/day
š” Example:
If you start with $500 and make 15% weekly, youāll earn:
Week 1: $500 Ć 15% = $75
Week 2: $575 Ć 15% = $86.25
Total per month: $350-$400+
2. How Much Time Do You Need to Trade?
ā³ Time commitment depends on your strategy:
Strategy/ Trades Per Day/ Time Required:
Scalping 3-5 2-4 hours/day
Day Trading 1-2 1-3 hours/day
Swing Trading 3-5 per week 30 min/day
If you have a full-time job, swing trading is better. If you can dedicate 3-4 hours daily, day trading is ideal.
3. How to Control Losses & Emotions?
ā
Set Stop-Loss & Take-Profit (Never risk more than 2-3% per trade)
ā
Follow a Fixed Trading Plan (Donāt overtrade or change strategy)
ā
Avoid Emotional Trading (If you lose, donāt chase losses)
ā
Keep a Trading Journal (Track your progress & improve)
Final Answer:
š¹ If you start with $1,000, you can make $30/day with 3% profit per trade, trading for 1-3 hours daily.
š¹ If you start with $500, youāll need to swing trade and hold for a few days to reach $30/day on average.
š¹ If you have $300 or less, focus on compounding profits over time.
š” Which one is the best trading strategy for your schedule?
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