Is it possible to earn 1,000 Baht a day from stock trading?

Preparation Before Entering the Market

Earning 1,000 Baht per day from stock trading is considered a realistic and achievable goal. However, the first thing to realize is that it is possible, but not easy. Many investors and traders generate profits in the thousands or even tens of thousands of Baht per day.

The challenge lies in the current economic situation, where inflation has caused the value of money to depreciate and the cost of living to rise continuously. Traditional savings and interest income are insufficient. For example, a principal of 100,000 Baht with an annual interest rate of 2-5% yields only 2,000-5,000 Baht per year, or about 200-400 Baht per month. Therefore, stock trading becomes a potential option for supplementary income.

Knowledge is the Foundation of Success

The first and most important step is to invest in yourself by studying and acquiring knowledge about the market you want to enter. Starting gradually by watching tutorial videos on YouTube or buying books to understand general trading principles about stocks or other assets such as gold, currencies, or stock indices.

Next, invest time to learn more from coaches or experienced experts, choosing instructors who focus on generating short-term cash flow to align with the goal of earning 1,000 Baht per day.

Starting Capital - How Much Should It Be?

The amount of capital depends on the profit target.

Example 1: Moderate Capital

• $1,000 USD ( approximately 34,000 Baht)
• To earn 1,000 Baht, you need a daily return of 3-4%, or about $30-40 USD

Example 2: Recommended Capital

• $3,000 USD ( approximately 100,000 Baht)
• To earn 1,000 Baht, you need a daily return of 1% or more, about $30 USD

For beginners, it is advisable to open a demo account with virtual money first to practice using various tools and learn proper fund management before trading with real money. This step helps increase confidence and reduce mistakes in the initial phase.

Strategies for Profitable Stock Trading

There are many ways to trade stocks, whether following signals from coaches or various line groups. However, it is unnecessary to use all methods, as they may not match each individual’s investment style. Some traders prefer short sessions of 5-15 minutes but may lack time to follow up, while others want to trade at convenient times. Therefore, adjusting the trading plan to suit your schedule is essential.

Strategy 1: Short-term Trading (Short-term Trading)

Short-term trading involves buying and selling stocks within a short period, from a few minutes up to closing the order when the profit target is reached, with clear support and resistance levels.

Basic Principles:

• Plan systematically: Set a daily goal of 1,000 Baht from how many trades and how much profit per trade, and determine how much loss you can tolerate per trade.
• Use short timeframes: Analyze price trends using M1 / M5 / M15 candlestick charts.
• Use technical indicators: MACD, RSI, or Stochastic Oscillator to assist decision-making.
• Choose assets with high price volatility: Trade during economic news releases or when international markets open, such as US technology stocks.

Trade Example: AAPL Stock

On August 6, 2024, AAPL price dropped to a low of $200 before stabilizing and then rising. Later, on September 16, 2024, the price fell again to $213, which was a higher low than before. This indicates a pause in the downtrend, making it a good entry point to buy, setting a Stop Loss at the lowest point, and waiting for a breakout before closing the order with profit. Subsequently, the price continued upward and then dropped again on November 4, 2024, to $213. Additional buy entries were made using the same strategy. Eventually, the breakout was successful, and profit was realized. In these two trades, the risk-to-reward ratio was 3.3 times.

Strategy 2: Long-term Investment (Long-term Investment)

Long-term investing involves holding stocks to wait for returns over a longer period, focusing on medium-term trends and momentum, allowing profits from significant price fluctuations.

Main Approach:

• Investment planning: Aim for 1,000 Baht daily, possibly extending to 5,000 Baht weekly, to hold positions longer according to the trend.

• Fundamental analysis: Study profit and loss statements, balance sheets, and related economic news using value investing principles to find undervalued stocks.

• Analyze key data:

  • Revenue and profit analysis
  • Financial health and cash flow
  • Market return rates and factors

• Technical analysis: Use H1 / H4 or daily timeframes for clear buy/sell signals, check trading volume—higher-than-normal volume indicates large institutional support. Use EMA25, EMA50, EMA100 moving averages as tools to detect trends.

Risks to Be Aware Of

Every opportunity comes with risks. Ignoring these factors can lead to failure.

1) Price Volatility All assets have different price fluctuation characteristics. Gold, for example, is highly volatile during war news or economic data releases. Stocks are similar. Trading decisions must accept this volatility or choose assets with lower volatility.

2) Capital Preservation Capital must be protected at all costs. First, when losses are reasonable, such as a 5-10% drawdown, it can be recovered easily. However, if losses reach 30-40%, more than half of the portfolio is at risk.

3) Lack of Knowledge Beginners with little experience may overlook critical factors, such as Swap fees for overnight positions or slippage when prices jump past stop-loss points due to major news.

4) Service Credibility Choosing a trading service with international standards, clear licensing, and simple, transparent deposit-withdrawal systems is essential for the safety of your funds.

Frequently Asked Questions

Q: What is the minimum amount of money required? A: Modern trading services have lowered minimum deposit standards to just $50 or about 1,800 Baht, making it accessible to start.

Q: How can I tell if a stock has good fundamentals? A: Study the company’s revenue and profit, review financial statements, analyze industry factors, and compare with competitors. For example, AAPL is a tech company benefiting from product launches, but during economic downturns, revenue may decline.

Q: When is the right time to buy or sell stocks? A: Two methods are: 1) If the company’s fundamentals are still good but the market is panicking and investors are selling, it may be a good accumulation opportunity; 2) Use technical indicators from charts to help decide based on signals generated.

Summary

Achieving a daily income of 1,000 Baht from stock trading is a realistic goal. Many investors and traders do this consistently, with some earning tens of thousands per day.

The key is to study diligently, practice continuously, and be aware of risks. Stock trading is highly volatile; proper trading methods and fund management are essential. Keep updating your knowledge and market analysis regularly to sustain long-term income.