Is it really possible to make a profit of 1,000 baht per day from stock trading? How to get started

In the world of stock market investing, many people ask whether it is possible to earn 1,000 Baht per day from trading stocks. The clear answer is yes, it is possible, and many investors do so consistently. This article will present the methods, tools, and strategies necessary to deepen your understanding of stock market investing.

Why Learn Stock Trading in This Era

The current economic climate causes purchasing power to decline steadily. Even with a fixed income from employment, after deducting essential expenses, the remaining funds for investment are limited. This situation presents a challenge for those who want their money to grow and outpace inflation.

Consider an example: a fixed deposit of 100,000 Baht yields 2-5% interest per year, which is 2,000-5,000 Baht annually, or about 200-400 Baht per month. This is why learning about stock market investing has become essential.

Knowledge and Market Understanding Are the Foundation

Before starting to trade, the most important thing is to build a solid knowledge base. There are many ways to learn:

Gradually: Study through videos, books, and online content to understand the basics.

Additional Investment: Practice learning from experienced instructors who teach real strategies for generating cash flow, not just theory.

How Much Capital Is Needed to Start

Determining the amount of capital is a crucial step. Let’s look at different scenarios:

Scenario 1: Moderate Capital (1,000 USD ≈ 34,000 Baht)
To earn 1,000 Baht per day, you need a daily profit of about 3-4% (30-40 USD), which is a relatively high-risk goal.

Scenario 2: Recommended Capital (3,000 USD ≈ 100,000 Baht)
To earn 1,000 Baht per day, you only need a 1% daily profit (30 USD), which is more realistic and achievable.

Larger capital provides more flexibility in risk management and timing entries and exits.

Short-term vs. Long-term Stock Trading

###Short-term Trading (Day Trading / Scalping)

This involves quick buy and sell attempts within short periods to capture profits from price changes.

Key principles:

  • Clear planning: Set profit and stop-loss points in advance, e.g., aim for 1,000 Baht daily profit, decide how many trades per day, and how much loss per trade.
  • Use short timeframes: M1, M5, M15 only, to see clear entry and exit points.
  • Technical indicators: Study MACD, RSI, Stochastic Oscillator, but only suitable for short timeframes.
  • Choose stocks with high volatility: Stocks with significant price swings, especially during high trading volume periods, such as during major economic news or when international markets are open.

Trading example: Apple (AAPL) in August-November 2024, where the price formed higher lows around $200. Experienced traders could enter buy positions at each low, setting stop-loss at the lowest point and taking profit when the breakout occurs. In this example, the risk-to-reward ratio is 1 to 3.3.

$213 Long-term Trading ###Position Trading(

This involves investing based on long-term trends and holding positions for a longer period.

Key principles:

  • Broad planning: Instead of targeting 1,000 Baht per day, aim for 5,000-7,000 Baht per week to better follow the trend.
  • Fundamental analysis: Study income statements, balance sheets, economic data, and link investment principles such as buying undervalued stocks.
  • Focus on key figures: Analyze revenue, profit, financial health, cash flow, return rates, and overall market conditions.
  • Technical analysis for long-term: Use H1, H4, or Daily timeframes to identify clear trends, supplemented with volume analysis )Volume( and moving averages )EMA25, EMA50, EMA100(.

Risks to Consider

) 1. Volatility

All assets have their characteristics. Gold, currencies, foreign stocks all exhibit volatility, especially during major news, wars, or economic data releases.

2. Capital Loss

This is the biggest risk. Many investors overlook this because it’s easy to say but hard to do. Properly setting stop-loss points is essential. For example, a -5% stop-loss allows easier recovery, whereas a -30% loss risks losing half of your capital.

3. Lack of Knowledge

Many traders do not understand overnight holding fees ###Overnight Fee(, slippage, or how to properly calculate risk, leading to higher costs or losses than expected.

) 4. Systems and Brokers

Choosing a broker with international standards, licensed by reputable regulatory agencies, is fundamental. Ensure deposit and withdrawal processes are transparent and reliable.

Strategies for Beginners

###Start with a Demo Account

Before using real money, practice with virtual funds to learn tools and money management without risk. Training on a demo account builds confidence before entering the real market.

###Create Your Own Trading Plan

Don’t copy others entirely. Everyone has different working styles and decision-making processes. Choose strategies that suit you. For example, if you lack time to monitor screens constantly, opt for long-term trading instead of short-term.

###Continuous Learning

Markets change constantly. New news or global events can impact prices. Therefore, updating information and ongoing education are essential.

Frequently Asked Questions

Q: What is the minimum amount of money to start?

A: It depends on the broker. Some allow deposits as low as ###$50 around 1,800 Baht(. However, for balanced trading with lower risk, it’s recommended to start with at least 100,000 Baht.

) Q: How do I know if a stock has good fundamentals?

A: Study the company’s operational history, annual revenue, net profit, financial ratios, and understand the business model to see if it has growth potential aligned with your investment goals.

Q: When is the right time to buy? When to sell?

A: There are two methods:

1### Fundamental approach: If the company’s fundamentals are still good but the market is panicking and prices have fallen significantly, it’s an opportunity to accumulate.

  1. Technical approach: Use charts and technical indicators to find entry and exit signals, study support/resistance levels, and candlestick patterns.

Summary

Earning 1,000 Baht per day from stock trading is achievable, and some do it successfully. Some investors even earn more. But there are no shortcuts; it requires:

  1. Building strong knowledge – study from multiple sources
  2. Having sufficient capital – at least 100,000 Baht for flexibility
  3. Choosing strategies suitable for yourself – short-term or long-term
  4. Managing risks – set stop-loss, take profit, control position sizes
  5. Selecting reliable brokers – with international standards
  6. Continuous learning – markets evolve, so must you

Stock market investing involves risks, but with careful analysis and discipline, it can be a sustainable way to generate additional income or even primary income over the long term.

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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)