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.

 

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.

 

Anything more than 5% a month, is good, imo.

 

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 ?

 

Generally channel system or regression systems are good for gap trading.

 

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.

 

good traders make $566,000 per month.
suckers make $544,000 per month or below.

wise answer to a stupid question!