I traded blindly for a long time until I understood one simple thing — profits are not just a desire to earn more. Profits are a specific goal that you set before entering a position. When the price reaches that level, you exit. End of story. Without emotions, without expecting a miracle.



I’ve seen many beginners who buy a coin and just sit, hoping it will grow. Then they hang in the position for a week, two, a month. That can waste time and money. Profits are a tool that helps avoid this trap. You clearly understand when to exit. You earn small but frequent profits. Gradually, you increase your capital.

The formula is simple, and I use it every day:
Target price = Entry price × (1 + Profit percentage / 100)

Let me give examples from my practice.

I buy a coin at 1.000 USDT, aiming for 0.5% profit. I calculate: 1.000 × 1.005 = 1.005 USDT. I place a sell order at 1.005 and wait. Simple and clear.

Second example. I enter at 0.328, targeting 0.6% profit. Calculation: 0.328 × 1.006 = 0.32997, rounded to 0.330. I close the position at this price.

Now the main question — what profit is considered optimal? If you don’t want to hang in the coin, set 0.3-0.6%. If the coin is volatile, you can try 0.7-1.0%. Above 1.5% — that’s already a high risk of not exiting in time, especially if the market isn’t rising.

What happens if you get the profit target wrong? Too small — it may not cover the fee (less than 0.2% is pointless). Too large — you stay in the coin, wait, and then it drops, and you’re in loss. Not calculating profit at all — it’s like going to an unfamiliar city without a navigator. You’ll get lost.

Many forget about the exchange fee. It’s about 0.1% on entry and 0.1% on exit, totaling 0.2%. So, the profit should be more than 0.2% just to break even. If you set 0.5%, the net profit will be about 0.3% after fees.

Currently, the market shows interesting movements. BTC is trading at around 81.13K with a 2.43% increase, ETH at 2.27K (+1.12%), BNB at 678.90 (+1.46%). A good moment to practice profit calculations.

My advice: always calculate your profit before the trade. Don’t guess, use the formula. It’s better to make five trades of 0.5% than one of 5% that you’ll never reach. Trading is math, not intuition. Profits are discipline, and it works.
BTC-2.68%
ETH-3.37%
BNB-1.16%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned