Do you want to turn your trades into daily income? Let us simplify the path:
1. Set a clear goal
Target $100 daily. Break it down into manageable wins: 4 trades earning $25 each, or 2 earning $50 each.
2. Use appropriate capital
Having $10,000 or more makes the journey smoother and less risky. If you're trading with less, focus on precise entry and strict risk management.
3. Trade coins that are actually moving
Stick to pairs with high trading volume like Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), and BNB ($BNB). Avoid illiquid or slow-moving coins.
4. Choose a trading style that suits you
Day trading: enter and exit on the same day.
Quick trading: Fast trades to gain $10-25.
Breakouts: enter when the price breaks key levels.
Swing trades: wait for a day or two when the trend leans in your favor.
5. Keep the chart simple
Use the fundamentals:
Moving averages to track trends
Relative Strength Index (RSI) for overbought/oversold levels
Bollinger Bands for breakout opportunities
6. Manage risk like a pro
Do not risk more than 1-2% per trade. With $10,000, that will be a maximum of $100-200. Always use stop losses and take profits.
7. Stay updated on the news
News moves markets. Use tools like CoinMarketCal and follow trusted traders on Twitter to engage early.
8. Don't put everything on one coin
Type across multiple setups to increase chances of success.
9. Track your progress
Keep a trading journal - log your entries, exits, and mindset. Review weekly to adjust your strategy.
10. Make that $100 with discipline
For example: $5000 × 2% = $100/day. Target 3 trades to profit about $33 each. Be consistent, and the accumulation will take care of the rest.
