I'm under the impression that .02 - .04 cents a share is good. Over time, not necessarily in this volatile environment.
I'm going for the big bucks like thousands of dollars or hundreds of dollars atleast. You need a couple of big winners to wipe out the small losers. Otherwise, all my efforts are wasted. Of course there are losing trades. It still takes time to analyze stockcharts and I want to get paid for it. Of course, I do not day trade. Only swing trading and trend following for me. Volatility is wonderful because when stocks move, that is when you make the most monies. Stagnant sideways movement is not going to cut the mustard.
Hundreds or even thousands of $ per share? You must keep your trades for decades? Edit: i swing trade stocks and i guess my average is around $5-$10. Will check tomorrow.
Not per share. I do not day trade. "That is per trade". It is a huge misconception that you cannot make lots of monies in a short period of time. I trade options and stocks. My holding period is 1 month to 2 months most times. NVAX, I am 3 days in up 65% on paper, this is a call option. I could be in it a month, maybe less depending on the price action. Only guessing the original poster is a day trader.
That depends entirely on your intraday timeframe. My sweet spot is 15-20c, but I likely trade at higher resolutions (3 min chart) than most.