Make a profit of 1000 Baht per day from stocks - is it true or just a trader's dream?

Making extra money from stock trading is the desire of many people. But the key point is having the correct understanding of the market and managing risks as the top priority. Earning 1,000 baht per day is not impossible, but it requires a plan and discipline in trading.

Why is additional income from stocks necessary?

In the current era, even with a regular income from work, the cost of living is continuously rising. The devaluation of money and interest rates from fixed deposits at only 2-5% per year mean that 100,000 baht yields only about 200-400 baht per month, which is insufficient to beat inflation. Investing in the stock market has become an increasingly essential option.

What should you prepare before entering the stock market?

1. Knowledge is mandatory

Before risking money earned from work, you must study and understand the market you plan to invest in. The basic approach is to start gradually: watch videos, read books, understand fundamental strategies. Then, progress to training and find a coach with real experience, focusing on instructors who emphasize money management and continuous cash flow creation.

2. How much minimum capital is enough?

The main issue is setting an appropriate starting capital. Let’s look at two scenarios:

Moderate capital (around 34,000 baht or 1,000 dollars)

• Need a daily profit of 3-4% to reach 1,000 baht
• Risk is relatively high because leverage is needed

Recommended capital (around 100,000 baht or 3,000 dollars)

• Need only 1% daily profit
• Risk is reduced because potential losses are smaller

Risks to be aware of from the start

1. Price volatility

Stock markets, especially foreign stocks, change rapidly. Economic news, political issues, or even statements from key figures can instantly impact prices. You must accept this environment as part of trading because it’s inevitable.

2. Risk of losing principal

This is often overlooked. Many beginner traders focus on huge profits and forget that preserving the principal is the first priority. A loss of 5-10% can often be recovered easily, but a 30-40% loss requires a 50-60% gain to break even, which is very difficult.

3. Lack of knowledge about small details

New investors often are unaware of these:

• SWAP fees or overnight holding charges that brokers collect daily
• Slippage or price jumps during major news events that can bypass stop-loss points

4. Choosing an inappropriate platform

Different trading platforms have different strengths. It’s crucial to select one that:

• Has legitimate licensing
• Offers simple, transparent, and verifiable deposit-withdrawal systems
• Has reasonable fees or commissions

What trading strategies are suitable for earning 1,000 baht per day?

Method 1: Short-term trading (Scalping)

Trading over very short periods, from a few minutes to a brief moment, aims to profit from small price movements.

Implementation steps:

• Clear planning: set profit and loss targets. For example, if the daily goal is 1,000 baht and each trade aims for 200 baht profit, then 5 successful trades are needed.

• Use very short timeframes: analyze 1-minute, 5-minute, or 15-minute candlestick charts to find clear entry and exit signals.

• Choose volatile assets: tech stocks like Tesla or Apple often have large price jumps, increasing profit opportunities.

• Use indicators: MACD, RSI, or Stochastic can assist decision-making, but don’t rely on too many at once.

Disadvantages: Requires constant monitoring, quick decision-making, and the risk of losses from hasty judgments is high.

Method 2: Long-term trading (Position Trading)

Holding stocks for days or weeks to profit from major market trends.

Implementation steps:

• Fundamental analysis: study financial statements, revenue, profit, liquidity to find fundamentally strong stocks, similar to Value Investing.

• Use larger timeframes: analyze 1-hour, 4-hour, or daily charts to identify medium-term support and resistance levels.

• Apply moving averages: EMA 25, 50, 100 help identify trend directions.

• Risk-reward ratio: evaluate carefully. If risking 200 baht, aim for at least 600 baht profit.

Advantages: No need for constant monitoring, allows time for other work, and daily risks can be estimated well.

Disadvantages: Long waiting periods if the trend slows down; incorrect analysis can lead to significant losses.

Practical example: Apple stock analysis

In the last quarter, Apple stock showed interesting movements. The price made higher lows and higher highs, indicating an upward trend.

Short-term trading scenario:

• Price dips to a new low
• Place a buy at support level
• Set a stop-loss below the previous low
• Set take profit as desired

Long-term trading scenario:

• Hold for value appreciation
• Be patient until volume increases and the trend becomes clear
• Avoid impulsive decisions based on other investments

Tips for beginners

1. Use a demo account first

Don’t start with real money immediately. Try a demo account with virtual funds to familiarize yourself with the system and tools.

2. Trade wisely, not just lucky

Successful traders are not lucky but disciplined, strategic, and patient. They often:

• Record every trade
• Analyze results
• Continuously improve their methods

3. Patience > quick profits

Understand that not every day offers a chance to earn 1,000 baht. Some days may result in losses, but maintaining discipline will lead to eventual success.

Summary

Can you really make 1,000 baht profit per day from stock trading? The answer is yes, but it requires following these principles:

✓ Invest fully in knowledge ✓ Manage your finances systematically ✓ Accept risks and learn from mistakes ✓ Practice continuously, just like learning a new job

Anyone who succeeds in the stock market is not special. They simply refuse to give up on the learning process. Your opportunity is the same as theirs. The question is, are you ready to take it?