Changed my own a little NYSE Day Trader Level Table, which was written back in 2009 year for beginners with gradual and slow growth. Now I decided to make it more aggressive for experienced traders. The rules have hardly changed, but the position size changes faster for those who have already traded large volumes.
The transition to a new level is carried out only if the profit for the week is more than the required one.
The step is decreasing if 2 week the required rate for the new step is not met or the weekly limit is reached
If the total profit does not exceed the weekly loss or profit, then the level for the next week remains the same.
Level | Standard Position | Daily limit($) | Profit per week($) | Weekly drawdown |
1 | 300 | 120 | 1100 | 400 |
2 | 500 | 200 | 2000 | 600 |
3 | 700 | 280 | 2500 | 900 |
4 | 1000 | 400 | 3600 | 1200 |
5 | 1500 | 600 | 5500 | 2000 |
6 | 2000 | 800 | 7500 | 2500 |
7 | 3000 | 1200 | 11000 | 3600 |
8 | 4500 | 1800 | 17000 | 5500 |
9 | 6750 | 2700 | 24300 | 8100 |
10 | 10000 | 4000 | 36000 | 12000 |
11 | 15000 | 6000 | 54000 | 18000 |
12 | 22500 | 9000 | 81000 | 27000 |
13 | 34000 | 13600 | 122000 | 41000 |
14 | 51000 | 20400 | 185000 | 61200 |
15 | 76500 | 30600 | 275000 | 91800 |