Wrote a level table day trader on NYSE.Approximately so it is necessary to gain experience for trading on NYSE for beginners and experienced traders. It's my personal opinion.
*Standard stock position for trading
**Daily loss limit on the day after which trading stops
***Total profit for the week, to move to the next level
****Total minus for the week, to move to the previous level
For beginners, the transition is based on the results of two or three weeks, for more experienced traders a week is enough.
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**** | Profit for 2 weeks***** |
1 | 100 | 20 | 150 | 80 | 300 |
2 | 200 | 44 | 300 | 180 | 600 |
3 | 300 | 66 | 450 | 270 | 900 |
4 | 400 | 88 | 600 | 360 | 1200 |
5 | 500 | 110 | 750 | 440 | 1500 |
6 | 600 | 140 | 900 | 530 | 1800 |
7 | 700 | 160 | 1050 | 620 | 2100 |
8 | 800 | 180 | 1200 | 710 | 2400 |
9 | 900 | 200 | 1350 | 800 | 2700 |
10 | 1000 | 220 | 1500 | 880 | 3000 |
11 | 1200 | 270 | 1800 | 1060 | 3600 |
.
12 | 1400 | 310 | 2100 | 1240 | 4200 |
13 | 1600 | 360 | 2400 | 1410 | 4800 |
14 | 1800 | 400 | 2700 | 1590 | 5400 |
15 | 2000 | 440 | 3000 | 1760 | 6000 |
16 | 2200 | 490 | 3300 | 1940 | 6600 |
17 | 2400 | 530 | 3600 | 2120 | 7200 |
18 | 2600 | 580 | 3900 | 2290 | 7800 |
19 | 2800 | 620 | 4200 | 2470 | 8400 |
20 | 3000 | 660 | 4500 | 2640 | 9000 |
21 | 3200 | 710 | 4800 | 2820 | 9600 |
22 | 3400 | 750 | 5100 | 3000 | 10200 |
23 | 3600 | 800 | 5400 | 3170 | 10800 |
24 | 3800 | 840 | 5700 | 3350 | 11400 |
25 | 4000 | 880 | 6000 | 3520 | 12000 |
26 | 4200 | 930 | 6300 | 3700 | 12600 |
27 | 4400 | 970 | 6600 | 3880 | 13200 |
28 | 4600 | 1020 | 6900 | 4050 | 13800 |
29 | 4800 | 1060 | 7200 | 4230 | 14400 |
30 | 5000 | 1100 | 7500 | 4400 | 15000 |