daytrading may 30 afternoon, page-91

Hi Sue, glad you get something out of the daily wraps.

I guess the idea of a 'daily wage' will vary from person to person but $500-600 is the minimum level where I feel the day wasn't a disappointment. I start each day aiming to make a lot more than that and generally do. However, daily targets are not the best measure in this game because the strongest returns generally come from overnight holds and daily targets encourage you to take profits too quickly (to meet a short-term goal at the expense of longer-term gain).

You're right that a 66% win:loss ratio ought to be profitable, all other things being equal. My problem is that even after a decade of trading I still find it easier to let losses run than wins. It's my Achilles heel. I'm much better at it now than I was but it's a daily struggle, lol.