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What do you make on average per day?

This is a discussion on What do you make on average per day? within the Money Markets forums, part of the Financial Markets category; Is this a silly question to ask as most of you (STIR traders/TED traders) will not be willing to disclose ...

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Old Oct 16, 2008, 9:08am   #1
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What do you make on average per day?
Is this a silly question to ask as most of you (STIR traders/TED traders) will not be willing to disclose your "real" profit of loss?

I would like to estimate on average what are the real possibilities?

(because I am thinking of leaving my job and start trading full time)
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Old Oct 16, 2008, 9:33am   #2
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IG Index.
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Old Oct 16, 2008, 11:18am   #3
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On average, i dunno, few grand a day if your any good after a few years. If your really good, you wouldn't believe how much you could make.
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Old Oct 18, 2008, 6:05am   #4
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300-500 a day is a reasonable goal to start with and try to double that every 3-6 months
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Old Oct 18, 2008, 8:29am   #5
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Hi i am doing 1400 to 1700 a week but i spread bet i dont know if you guYs class that as day trading or gambling
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Old Oct 18, 2008, 8:38am   #6
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Your earning potential comes down to your experience, information quality and skill. The size of your trading fund has to be important and the amount of that you expose to loss with each trade - should keep it very low at start of trading less than 2% if you are spread betting for instance. Losses have to be contained to a level that don't damage your ability to trade either mentally or financially. You need to be calm and focussed.
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Thanks! The post above is recommended by: bizmanny
Old Oct 18, 2008, 9:48am   #7
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Quote:
Originally Posted by doberman View Post
Hi i am doing 1400 to 1700 a week but i spread bet i dont know if you guYs class that as day trading or gambling
Good to see you're profiting so quickly. Last I read, you were losing money like there was no tomorrow.

As to gambling or trading, that depends how your system works...

Are you using Jacko's system?
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Old Oct 18, 2008, 10:11am   #8
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I average everything from 500 to 1200 pr day, using 2-3 contracts.

As mentioned above, it all depends on your skill and experience.

With kind regards
Bashir Naimy
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