My poll is for knowing individual traders target. And what the majority of traders wants. that's it
Dan is right. This is a subjective question, and there are many parameters which decide what is good return so fix percentage answers can't give any good conclusion.
IMO main parameters are -
1. how much labour one can put. not talking about time, as full-time trader have too much time.
2. in which stage trader is, new/in search of holy grail/developing trading system(s) or how much proficiency one have in trading
3. what is accuracy rate of analysis (or system/rules) in bull/bear/sideways/range market.
4. trader capital, how much margin required and how much exposure broker is giving.
5. monthly profit target fits in with trader's risk management rules for this system and accuracy rate in this market.
6. most important :
How much one CAN DIGEST without Feeling HIGH. (talking about amount not percentage)
may be you will think its a simple question, why people just can't choose one option, giving two small
part-time traders examples. i know both of them personally, have seen their a/cs many times, both trade only in commodities.
one trader deposited 1.1 lakh rupees in his a/c, in start earn some- loose some, till 3-4 months little profit, means worked for broker. after that earning more than 20k averagely. but whenever he cross 50k in a single month, INDIGESTION happens, he start loosing money, sometimes took 1 whole month to be back on track.
2nd trader deposited 25k, in the very first month he lost 14k. he stopped trading, studied market. started again, for next 2-3 months little profit, after that average daily earning more than 1500/- per day. monthly average more than 25k. but never ever keep more than 20k in a/c.
for first one psychological problem is at 50k irrespective of capital. so for him 30k is good with approx 1lakh capital until he learns to digest bigger amount. whenever reach 40k-50k, should take a break to digest.
for second one 125% or more is good, but only if a/c capital is 20k, b/c
he AND his system/rules can utilize effectively 40k only (includes margin).
by chance, asking for
sample monthly target for a
full-time trader to improve/set other parameters, then (as per my experience in NSE F&O and MCX commodity markets) -
for capital
25k, 10k is good
50k, 25k is good;
>1lakh <1.5lakhs, 60% is good;
>2.5lakhs <5lakhs, 80% is good.
above this my digestion start showing
'E' . learning to improve.