1. Set realistic profit goals
Spend: $100/day.
Strategy: Split. Try 4 trades, each making $25 profit or 2 trades of $50.

2. Required capital
Start with at least $10,000 for safer trading.
If you have less, you will have to take more risk to reach $100.

3. Choose the right property
Trading popular cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) has high volume and price volatility.
This ensures quick entry and exit without large price fluctuations.

4. Trading Strategy Trading
Intraday: Short-term trading that lasts a few minutes or a few hours. Trading
Scalping: Make several small trades at $10-25 each.
Breakout Trading: Trade when price breaks key levels.
Scalping: Hold the trade for 1-2 days if the market trend is strong.

5. Use Simple Technical Analysis
Use basic tools like:
Moving Average: Spot Trend.
RSI: Find out if a coin is oversold or overbought.
Bollinger Bands: Measures volatility.

6. Risk Management
Never risk more than 1-2% of your capital on any single trade.
For example, with $10,000, risk $100-200 per trade.
Use stop loss orders to protect your capital and take profit orders to lock in profits.

7. Always stay updated
Always keep an eye on the market, news and any updates that could change the price.
Use alerts or news aggregators for quick updates.

8. Diversify your trading
Don't bet it all on one coin. Spread your trades across a few different cryptocurrencies.

9. Track your progress
Keep a simple record of your trades to see what's working and where you can improve.

10. Simple Daily Profit Plan
If you have $5,000 and want a 2% return:
2% of $5,000 = $100.

Make 3 trades with profit target of $33 each.

With this simple approach, discipline and good risk management, you can make $100 per day from spot trading.

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