Earn $100 Daily from Spot Trading: A Beginner's Guide
Step 1: Set Goal
Aim for $100 daily profit
Step 2: Start Capital
$10,000 (conservative trading)
Step 3: Choose Assets
Established cryptos like $BTC ,$ETH
Step 4: Trading Strategies
1. Day Trading (short-term)
2. Scalping (small, frequent trades)
3. Breakout Trading (key levels)
4. Swing Trading (short-term trends)
Step 5: Technical Analysis
1. Moving Averages (trends)
2. RSI (overbought/oversold)
3. Bollinger Bands (price volatility)
Step 6: Risk Management
1. Limit risk (1-2% per trade)
2. Stop-loss & take-profit orders
Step 7: Stay Informed
Market news & events
Step 8: Diversify
Spread investments across assets
Step 9: Record & Review
Trading journal (track performance)
Step 10: Calculate Daily Profit
2% return on $5,000 = $100 (3 trades, $33 profit each)
Key Takeaways:
Patience & continuous learning
Structured approach
Risk management
Start Trading!
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