How Much Do Day Traders Make? Real Numbers From a Full-Time Trader
What the research shows, why your account size decides your income as much as your skill, what $100 a day really means over a year, and how funded prop accounts change the math.
Published · by Joakim Jusell
The short answer
- Most retail day traders make nothing. They lose money. In one large study, only about 1% of day traders who stuck with it earned more than the minimum wage.
- The ones who do make money earn a percentage of their account. A trader making 20% a year earns $5,000 on $25,000 and $50,000 on $250,000. Same skill, very different income.
- $100 a day is about $25,000 a year. On a small account, that's a much bigger ask than it sounds.
- Income is lumpy. Losing weeks and months are normal even for traders who are profitable over the year.
- The salary averages you see online mostly come from traders employed at firms, not people trading their own money.
Most people who search this are hoping for one number. I don't think there is one, and anyone who gives you a single figure is either talking about salaried traders at a bank or selling something.
What I can give you is the research on what real day traders earn, the simple math that decides your income if you do get good, and what a year of trading actually looks like from the inside. That's a lot more useful when you're deciding whether this is for you.
What the Research Says Day Traders Make
The best data we have comes from studies that used real brokerage and exchange records, so nobody's memory or ego is involved:
Sources: Chague, De Losso & Giovannetti, "Day Trading for a Living?" (2019). Barber, Lee, Liu & Odean, "The Cross-Section of Speculator Skill" (2014).
So the honest median answer to "how much do day traders make" is less than zero. That includes everyone who traded without a plan or risk rules, which is most people, but it's still the starting point. I go through what that means for you in is day trading worth it.
Why salary websites get this wrong
If you search "day trader salary" you'll find averages that look great. Those numbers come from people employed as traders at banks, funds and prop desks, with a salary and a bonus. Retail day traders trading their own account don't report income to salary websites, and most of them don't have any to report. Those averages describe a different job.
The Math That Decides What a Day Trader Makes
A day trader doesn't get paid by the hour. Your income is your account size multiplied by your return, minus costs. That one line explains most of what people get wrong about trading income.
| Account size | 10% a year | 25% a year | 50% a year |
|---|---|---|---|
| $10,000 | $1,000 | $2,500 | $5,000 |
| $25,000 | $2,500 | $6,250 | $12,500 |
| $50,000 | $5,000 | $12,500 | $25,000 |
| $100,000 | $10,000 | $25,000 | $50,000 |
| $250,000 | $25,000 | $62,500 | $125,000 |
This shows how the math works, not what you should expect. Before commissions, data costs and taxes. Most traders never reach the first column.
Look at the $10,000 row. A trader good enough to make 50% a year, which very few people manage, earns $5,000. That's a part-time job. The skill is world class and the income is small, purely because of the account.
This is where a lot of accounts die. Someone with $10,000 wants $5,000 a month, so they size up to make it happen, and one bad week takes half the account. The fix is boring. Set a fixed risk per trade and size every position from that, whatever your bills are. My position size calculator does it for you, and risk management explains why it matters so much.
Why "10% a month" is a red flag
Monthly percentages sound small, so they get thrown around a lot. 10% a month compounded is about 214% a year. Very few traders on the planet do that consistently, and anyone promising it is selling you the dream. If you want to see how fast realistic returns grow, my compounding guide runs the numbers.
How Much Do Day Traders Make a Day?
People search for "$100 a day" and "$200 a day" a lot, so here's the honest version. Nobody makes the same amount every day. A profitable trader has green days, red days and flat days, and the average only shows up over months.
There are about 252 trading days in a year.
$100 a day on average is roughly $25,000 a year.
$500 a day is roughly $126,000 a year.
$1,000 a day is roughly $252,000 a year.
Now put that next to the table above. $100 a day on a $25,000 account means doubling the account every year. That's not a small goal, even though "$100 a day" sounds small.
I'd also be careful with daily targets in general. Once you need a number by the end of the day, you start forcing trades to get there, and that's how a decent morning turns into a revenge trading afternoon. A daily loss limit is useful. A daily profit target usually isn't.
How Funded Prop Accounts Change the Math
Futures prop firms let you trade their capital after you pass an evaluation, and you keep a large share of the profits. That fixes the biggest problem in the table above, which is a small account. Someone with real skill and $3,000 can trade a much bigger account than they could fund themselves.
It doesn't fix the skill problem, though. Evaluations have strict rules like a trailing drawdown, and a lot of traders spend more on evaluation fees and resets than they ever get paid out. The ones who do get paid treat the evaluation like their own money and keep risk small. I use a funded Apex account myself to test new systems, and I wrote down how to approach it in how to pass a prop firm evaluation.
What a Year of Day Trading Income Actually Looks Like
Even when you're profitable, trading income doesn't arrive like a paycheck. A good year can still include losing months and a drawdown that lasts weeks. If your rent depends on this month being green, every losing trade feels heavier than it is, and that pressure shows up in your decisions.
That's why I tell people not to go full time until trading income is well above their living costs, and to keep a cash buffer of 6 to 12 months of expenses outside the trading account. With that buffer, a losing month doesn't change how you trade.
Costs and taxes come off the top
- Commissions and fees on every contract, both ways. They add up fast if you trade a lot.
- Platform and data. My order flow setup runs under $100 a month.
- Prop firm fees if you trade funded accounts.
- Taxes. In the US, futures are Section 1256 contracts, taxed 60% as long term and 40% as short term gains regardless of how long you held them. That usually works out better than stock day trading. I explain it in MES vs ES, but talk to an accountant about your own situation.
My Honest Take
My first account went to zero in a few weeks. After that it took about two years of daily work before trading paid me anything worth talking about. So for a long time, my answer to "how much do day traders make" would have been a negative number.
When I work with students, the first goal isn't income. It's a green month in sim, then the same process on small size live, then consistency. Income comes after that, and it comes from account size and staying in the game, not from one big month. If someone shows you a number before they've shown you a process, I'd be careful.
Questions People Ask
How much do day traders make a year?
Most retail day traders make nothing over a year, because they lose money. The profitable few earn a percentage of their account, so it can be anything from a few thousand dollars to six figures. At 20% a year, that's $5,000 on $25,000 and $50,000 on $250,000, before costs and taxes.
How much do day traders make a day?
There's no typical daily number, because results swing between green and red days. Think in months and years instead. $100 a day on average is roughly $25,000 a year.
Can you make $100 a day day trading?
It's possible, but harder than it sounds. On a $25,000 account it means doubling your money every year. On a bigger account or a funded prop account it's far more realistic. Chasing a fixed daily number usually leads to forcing trades.
Do most day traders make money?
No. In the Brazil study, 97% of day traders who kept going for more than 300 days lost money. In Taiwan, less than 1% were predictably profitable after fees.
How much do prop firm traders make?
It varies enormously. A funded account solves the small-account problem and you keep a large share of the profits, but many traders spend more on evaluation fees than they withdraw.
How much money do you need to day trade for a living?
Work backwards from your expenses. Needing $50,000 a year at a realistic 20% means around $250,000 in capital, plus 6 to 12 months of expenses in cash. Most people should keep their job until trading income is well above their costs.
Want to build the process before you worry about the income? That's exactly what I work on with students, one on one.
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