Putting in a year of hard work and self-reflection on your trading strategies pushing the success rate up to between 14% and 33% in my experience.
Discussions with other firm managers reveal stats between 10% and 30%.
The true statistic is probably somewhere in the middle, around 20%.
What percent of day traders are successful?
You can trade just a few stocks or a basket of stocks. Again, do this for about a month and calculate what you make and lose each day. “The success rate for day traders is estimated to be around only 10%, so …
What percentage of traders lose money?
How much do day traders make per year?
Assuming an average of 29 trades per day at $10 a pop, the typical day trader would have to make $72,500 per year just to break even!
Do traders actually make money?
Day traders typically try to make money by buying stock, options, futures, commodities, or currencies, while holding positions for short periods of time— anywhere from a few minutes to a few hours—before selling them again. The goal is to profit from short-term price fluctuations.