For daytrading yes it's rather low because you trade ALL the day long. If you make 100% on weekly scale it would not be low but on lower scale it is rather low. The lower scale you trade the more percentage you must make.
here is for example the recorded results of an elliotist daytrader who is a scalper :
http://sellnow.net/freesite/Record/2002/traderesults2002.html
here is for example the recorded results of an elliotist daytrader who is a scalper :
http://sellnow.net/freesite/Record/2002/traderesults2002.html
Quote from 0008:
100%pa rather low???????? How much did you make?