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Just a quick question from a futures trader: For a trader daytrading stocks,
what is considered a "reasonable" or "profitable" trade? I mean, if the
stock goes from 48.25 to 48.45, is that a good move for the average, well
capitalized trader? Or would a successful trade mean a greater margin, say
from 48.25 to 48.85?
Obviously I know that a trade with 100 shares will not equal the gross
profit of that with 1000 shares. I'm just trying to get a feel for what a
stock daytrader is looking for in a daytrade in regards to margin, and
perhaps time, too.
Thanks.
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