READ CAREFULLY strategy to get 10000$ per year from ETH spot trading scalping with only 1000$ :
example assuming you buy ETH at $2,000 with $1,000.We’ll break down the profit and fee calculations step by step using the correct 0.1% fee rate, with 60% win 40%loss trades:
1. Set Daily Profit Target
To make $10,000 per year:
- $10,000 ÷ 365 days = $27.40 per day.
2. Example Trade Setup :
Let's assume:
- Starting Balance: $1,000
- You buy ETH at $2,000 per ETH.
- You aim for a 1% profit per trade (profit target of $10).
- Set a stop loss at 0.5% (loss of $5 per trade).
3. Amount of ETH Purchased:
If you are buying ETH at $2,000 with $1,000 , the amount of ETH you buy is:
- $1,000 ÷ $2,000 = 0.5 ETH.
4. Fee Calculation (with 0.1% Trading Fee)
Each trade involves a buy and a sell, so we need to calculate the fees for both sides.
Fee for Buying ETH:
- Fee per Buy = 0.1% of $1,000 = $1.
Fee for Selling ETH (after profit):-
Let's assume you aim for a 1% profit, which would increase your capital from $1,000 to $1,010.- Fee per Sell = 0.1% of $1,010 = $1.01.
Total Fee for One Full Trade (buy + sell):
- $1 (buy fee) + $1.01 (sell fee) = $2.01.
5. Profit After Fees- You aim for a 1% profit, which is $10.- Subtract the total fee of $2.01 from your profit.
Net Profit per Trade = $10 - $2.01 = $7.99.
6. Adjusted Daily Profit:
Assuming you make 10 trades per day, with 6 winning trades(each netting $7.99) and 4 losing trades(each losing $5):
- 6 winning trades = 6 x $7.99 = $47.94.
- 4 losing trades = 4 x $5 = $20.
Net daily profit = $47.94 (wins) - $20 (losses) = $27.94.
7. Annual Profit Calculation:
- Net profit per day = $27.94
- Annual profit = $27.94 x 365 days = $10,199.10