How much % a day is possible.

How much do you make a day on daily basis?

  • I lose money

    Votes: 29 24.8%

  • 0-100

    Votes: 20 17.1%

  • 100-250

    Votes: 14 12.0%

  • 250-1000

    Votes: 17 14.5%

  • 1000+

    Votes: 37 31.6%
  • Total voters
    117
Quote from Fredrik_Trader:

ehhh

100 % per week..

you must be joking,

be realistic!

its 1500 % per month (4 weeks)

its 4,5*10^17 yearly (52 weeks)

good luck, youll need it
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I love it when people take me seriously.
 
Quote from jack hershey:

What you make a day depends upon what you are offered a day.

For stocks, the offer per day (for position or swing trading) is usually around 5% for quality stocks which are abundant and determined before open. So to be effective and efficient my target is 2 1/2% per day for the total capital in the streams I trade. The hit ratio is usually 7 out of 8 and the 1 in 8 is dumped really early into slush. Any slush in the accounts can be used to intraday trade "rockets" which really exceed the quality stocks by a factor of better than 2.

The 1:15pm daily institutional reports (what's in the check book for big money) more or less restarts the day if you want to really go for it.

For commodities indexes what is offered is shown by the daily range, market sentiment and market pace. Again this is generally known before open so you can take your performance measure easily. I generally set the % per day for intraday trading as a % of the range, leveraging varies, of course. The upper limit runs @ 300.

For sector rotation, I would use a weekly. What is offered is 4% and 2% is the weekly for me. Consider this OT as to your query.

I am an amateur and trading retail as determined by the NFA reporting regs.
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Are you saying that you employ 300-1 leverage???
 
Quote from trendtech:

I don't understand the point of this poll. It's obvious that majority of traders participating in this forum don't make any serious money in trading.

Im with you on that one trendtech. The majority of these threads read as if they were written by some kid (usually in early 20's) wants to figure out how he can put together $20k and turn it into $1 mill.

Did you catch that other thread with the 25 year old kid who wants to sell his system on ET. Claims he can out trade anyone...
Only problem is he has $7,000.00 to his name, and lives in his mothers basement. Freakin Looser !!!
More...
 
Quote from letsroll:

Quote from trendtech:

I don't understand the point of this poll. It's obvious that majority of traders participating in this forum don't make any serious money in trading.

Im with you on that one trendtech. The majority of these threads read as if they were written by some kid (usually in early 20's) wants to figure out how he can put together $20k and turn it into $1 mill.

Did you catch that other thread with the 25 year old kid who wants to sell his system on ET. Claims he can out trade anyone...
Only problem is he has $7,000.00 to his name, and lives in his mothers basement. Freakin Looser !!!
More...

Nice buddy! Well you are right on the fact that I am young...18 to be precise. unfortunately I do still live with my parent. But, fortunately enough I have more than 7K in my overall accounts.

Then, the point.
I am doing this poll for ethnography, hopefully you will not have to go to dictionary.com to look up the word.
Studying the markets and the psychology of its participants is my goal.
Not, to get a holy grail. Can I out trade anyone......no.

By the way ET comes with a check spell, please be free to use it.
:D :D
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NOW THIS IS THE QUESTION I WAS MEANING TO ASK EVERYONE.

DOES YOUR PROFIT/LOSE MAKE YOU WANT TO QUITE YOUR JOB?
WORK OVERTIME?


THEN, DO YOU MAKE MORE IN THE MARKETS THEN IN YOUR JOB.
How much money a day would it take for you to quit the job?
 
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