Is it really possible to make a profit of 1,000 Baht per day from stock trading? Let's check out the methods.

The Possibility of Consistent Profit Taking

Playing stocks to earn 1,000 THB per day is not far from reality. In the stock markets and international exchanges, many investors and traders estimate that they can generate stable income at this level. However, this answer comes with several important conditions that must be well understood.

What preparations are needed?

1. Knowledge and Market Understanding

In the current economic climate with high inflation rates, relying solely on salary income is often insufficient. Compared to the interest rates from savings accounts which yield only 2-5% per year, 100,000 THB would earn about 167-417 THB in interest per month.

Therefore, investing in learning trading systems is the first crucial step. Investors can start by watching online tutorial videos, reading books on technical analysis, or joining reputable trading courses. Once a solid understanding is established, consider which asset class to trade, such as gold, currencies, or foreign stocks.

2. Appropriate Starting Capital

It’s not necessary to have a large amount of money to start. Generally, it is divided into two levels:

Beginner Level: 1,000 USD (approximately 34,000 THB)
To make a profit of 1,000 THB per day, you need to achieve a daily return of 3-4%, or about 30-40 USD. This principle requires appropriate leverage and good money management.

Recommended Level: 3,000 USD (approximately 100,000 THB)
With this level of investment, aiming for just 1% per day is more feasible and involves less risk.

3. Choosing the Trading Platform and Tools

For beginners, it’s advisable to use a demo account with virtual funds (Demo Account) first, to practice without risking real money. This allows traders to familiarize themselves with various tools, adjust money management strategies, and build confidence before trading with real funds.

Trading Strategies to Achieve 1,000 THB Daily Profit

Short-term Trading (

This involves buying and selling stocks or assets over a short period, from just a few minutes to several hours, focusing on profit from short-term price movements.

Principles:

• Set clear profit targets and stop-loss points )Stop Loss( from the outset
• Use timeframes like M1, M5, M15 for analysis and entry/exit
• Utilize indicators such as MACD, RSI, Stochastic Oscillator to aid decision-making
• Trade highly volatile assets or during periods of high trading volume

Example: Technology stocks like AAPL )Apple( or TSLA )Tesla( often show significant price changes, especially during the US stock market open )around 20:30 Thai time(

Case Study - AAPL from September to November 2024:
On September 16, 2024, AAPL’s price reached a low point that was higher than before. Traders could enter a buy position at this level, setting a stop-loss at the lowest point of the trend. When the price broke out of the triangle pattern, it was a profit-taking point. This type of trade can aim for a good risk-reward ratio, such as 1 to 3.3.

) Long-term Investing $213

This involves holding stocks for longer-term returns by analyzing company fundamentals and trends.

Principles:

• Analyze financial statements, financial ratios, and the economic position of the company
• Study economic news and factors that may impact stocks
• Use timeframes like H1, H4, or Daily to filter out false signals
• Use EMA ###Exponential Moving Average( such as EMA25, EMA50, EMA100 to follow the main trend
• Consider trading volume )Volume( to assess whether it is above or below normal levels

Risk Factors to Understand

) 1. Price Volatility

Every tradable asset has its own characteristics. Some are highly volatile, especially during major news events such as political changes, wars, or economic data releases. Traders must be able to handle this volatility or choose more stable stocks.

( 2. Loss Management

Capital safety is the top priority. Properly setting stop-loss levels is crucial. A 5-10% loss is easier to recover from than a 30-40% loss. Many traders overlook this point, which can be dangerous to the portfolio.

) 3. Lack of Knowledge and Common Mistakes

Beginners may overlook slippage ###price jumps during news releases###, long-term order costs, or misunderstand leverage. Therefore, studying and following step-by-step procedures is essential.

4. Careful Selection of Trading Platform

Choose a licensed and internationally standard platform, checking for deposit/withdrawal services, order execution speed, and customer service quality.

Frequently Asked Questions

( How much money is needed to start?

You don’t need a large amount of money to begin trading. Investors can start with a minimum capital of $50-100 )approximately 1,800-3,600 THB### or more.

How to know which stocks have good fundamentals?

Study the company’s details, profit history, revenue trends, and understand the characteristics of each sector. For example, AAPL is a technology stock benefiting from new product launches, but other factors like economic downturns can also negatively impact it.

( When is the right time to buy or sell stocks?

1. Fundamental approach: When the company’s fundamentals are still strong but the market is panicking and investors are selling, it’s a good time to accumulate.
2. Technical approach: Use charts and technical indicators to identify entry and exit signals.

Summary

Making a profit of 1,000 THB per day from stock trading is achievable, and many traders do so consistently or even earn tens of thousands per day. However, success depends on thorough education, practicing with virtual accounts, disciplined money management, risk acceptance, and continuous market monitoring. Traders who are prepared to act with discipline and patience have the opportunity to generate additional income or even turn trading into a primary profession.