daytrading profits --- how many cents per trade is realistic

Discussion in 'Order Execution' started by kotika, Jun 16, 2006.

how much profit per trade?

  1. 1/2 cent

    8 vote(s)
  2. 1 cent

    3 vote(s)
  3. 1 1/2 cents

    6 vote(s)
  4. 2 cents

    3 vote(s)
  5. 3 cents

    7 vote(s)
  6. 4 cents

    5 vote(s)
  7. 5 cents

    14 vote(s)
  8. much more

    59 vote(s)
  9. less that a cent

    1 vote(s)
  1. kotika


    Hi all,

    for those who trade large amounts of stock each day:
    what is your average profit in cents per trade per share ?

    say you trade 10,000 shares a day and gring out a 500$, thats
    50,000cents/10,000= 5 cents/share/trade

    i am inferring from what Don Bright says that these days one should not expect much more than 1 or 2 cents.

    would be nice to have a tally
  2. chud


    Where'd Don Bright say that?
  3. Dustin


    I agree with Don that 1-2 cents is a decent average. Better days can be 5-10 cents but that's tough to average.
  4. think averaging half a cent on automation is very good. but usually when i'm trading pairs i see 3 cents plus. but then again very hard to be consistent.
  5. Adobian


    How many cents does it go against you before you bail out ?

    If you scalp for 3 cents, and usually hang on to 1 dollar in the red, then it should take about 30 winning trades to equal one bad trade.
  6. series 7

    series 7

    i make 1 trade a day for 1-4 different diffrent stocks

    i set a .25-.30 cent goal with a .10 cent stop
  7. Dustin


    Cents per share does not equal cents per trade. Re-read the first post and do the calculation.
  8. series 7

    series 7

    The attitude is not needed.

    The thread topic asks per trade.

    Forums ›› Technically Speaking ›› Order Execution ›› daytrading profits --- how many cents per trade is realistic

    Considering 66 % voted over 5 cents, i doubt i am the only one who misread the question.

    For me avaraged out is about 1-3 cents
  9. Dustin


    No attitude...just to the point. Many traders don't understand this calculation, so you were one of many who didn't respond correctly to the survey.

    Cent per share profit:


    eg. if you make $1000 on 30,000 shares:

    1000/30000=3.3 cps profit

    This is much different than asking how many cents you average per trade which does not take into account volume.
  10. Hamlet


    This poll is useless since the wording of the poll goes against the intent as described by the creator, which is cents per share. The results confirm this.

    There should not be many (if any) active daytraders able to achieve > 3 cents avg. If you are active and can achieve >1.5 avg cents per share than you would be a superstar. If 75% of the respondants think that 5 cents or higher is realistic than they are either non-traders or very dumb traders.
    #10     Jun 17, 2006