So, what does a good trader make per month?

IMHO, a good trader should make at least 80% of what his/her business plan projects s/he should make per month.
 
If you are still on a learning curve and getting better relax and enjoy the ride. If, on the other hand, you stall at 4% a month and do not have access to more capital i is a tough go.

But if you are getting better and believe you will be doing 6% a month in a year and 8% in two years and can put a bit more capital into the game then the sky is the limit.
 
Quote from Swan Noir:

If you are still on a learning curve and getting better relax and enjoy the ride. If, on the other hand, you stall at 4% a month and do not have access to more capital i is a tough go.

But if you are getting better and believe you will be doing 6% a month in a year and 8% in two years and can put a bit more capital into the game then the sky is the limit.

If a person makes a constant % per month, then he is growing capital month by month.

4% of 1 million becomes 4% of 2 million in a fixed amount of time passing. This is one equation with one variable.

Think for a moment. The OP's mind does not work does it?

The answer is: yes, the OP's mind does not work.

ET does not have any mathematically empowered moderators.
 
Quote from tradewiz50:

NASDAQ & NYSE stocks over $20, with 1 million average volume, that gap up or down by 5%.

Profit average of 15% to 22% a month.
Gappers usually trade wildly.
Do you have a system for trading them ?
What's your average holding period ?
 
Quote from syswizard:

Gappers usually trade wildly.
Do you have a system for trading them ?
What's your average holding period ?

Generally channel system or regression systems are good for gap trading.
 
Quote from syswizard:

Gappers usually trade wildly.
Do you have a system for trading them ?
What's your average holding period ?

Yes.
In and out of the trade same day.
 
why do people use percentages when talking about day trading? its irrelevant. if im at a prop firm with millions in buying power but use various amount of that buying power each day how does % fit in to any attempt to measure performance?

revenue per share capture is more appropriate.
 
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