Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
, Ethereum (ETH at $2.73K), Solana (SOL at $116.60), or Binance Coin (BNB at $852.40).
If you make a 2% gain on a $5,000 trade, you get your $100 for the day. However, this requires proven experience, quick decision-making, and solid technical analysis skills. Mistakes can be costly.
Scalping: Multiplying Small Wins
Scalping means executing ten to twenty small trades throughout the day, capturing tiny movements of 0.2% to 0.5% per position. You need 1-minute or 5-minute charts, tight stop-losses, and constant attention.
This approach suits those who can dedicate hours to monitoring charts. Gains accumulate gradually, but the work is intensive.
Swing Trading: Letting Time Work for You
Unlike the previous two approaches, swing trading allows you to hold positions for several days or weeks. You capture larger price movements without the constant pressure of monitoring.
For example, buying SOL at $105 and selling at $130 represents a 24% gain. With a moderate leverage of 5x on a $2,000 position, this could generate a potential profit of $500. This method is less stressful but requires patience and proper trend analysis.
Trading with Leverage: Amplifying Gains and Risks
Modern platforms offer leverage up to 100x, but this power must be used with extreme caution. A 5x leverage on a 2% move results in a 10% gain. However, the same inverse scenario can cause a 10% loss.
Only start with leverage if you fully understand how it works and use demo positions. Inexperienced traders ignoring this rule are quickly liquidated.
Structuring Your Day to Reach Your Goals
Suppose you have $2,500 and aim for a daily return of 3%:
This simplicity hides real complexity. A losing trade can easily ruin your daily goal. That’s why the systematic use of stop-loss orders to control risk is non-negotiable.
Tools That Will Transform Your Trading
To build a truly professional operation, you will need:
TradingView remains the benchmark for technical analysis with its advanced charts and customizable indicators. The web interface or mobile app of your chosen trading platform allows you to execute orders quickly. CoinMarketCap helps you track market news and asset volume. Optionally, automated trading bots like 3Commas or Pionex can execute strategies without manual intervention, especially useful for scalping.
Developing Mental Discipline
Techniques alone are not enough. Here’s what separates profitable traders from others:
Always trade with a plan established before entering the market. Impulsive trades destroy accounts. Keep a detailed journal of every transaction — what worked, what didn’t, why. After a hundred trades, this journal becomes your personal strategy manual.
Prioritize quality over quantity — five well-executed trades are better than twenty random ones. Control your emotions: greed pushes you to stay too long in winning positions, fear causes premature exits. Both are destructive.
Accepting the Reality of Volatility
Even with the best strategy, there will be days when you lose money. The most experienced professional traders accept losses as part of the process. What matters is that your gains accumulate over time.
With a solid system, strict discipline, and proper risk management, small consistent wins will ultimately lead to your goal of $100 daily.
Your Next Step
Earning $100 a day trading cryptocurrencies is not a myth — it’s simply a business that requires seriousness, study, and preparation. It’s never a game or a source of passive income. Choose your trading platform carefully, set up your strategy, practice to perfection, and constantly protect your capital.
The path is clearly laid out. It’s up to you to walk it.