Hit The Bid "Make a Day's Pay" Calculator
Translate monthly living costs into a personal daily profit planning goal.
Average Monthly Cost of Living
Enter an amount such as 5,000 or 5,000.00.
Fixed assumptions
- Months per year
- 12
- Annual buffer
- 10%
- Trading days per year
- 255
Monthly costs × 12 × 1.10 ÷ 255
Personal Day’s Pay
Daily profit planning goal
Enter monthly living costs to see your goal here.
- Annual living costs · × 12
- —
- 10% annual buffer
- —
- Buffered annual goal
- —
- Divide by trading days
- 255
Amounts are rounded to the nearest cent for display.
Make a Day's Pay, And Go Away!
In Kenny Glick’s Hit The Bid room, a day’s pay is personal: enough to support the life you’re planning for. This calculator uses Solid Jello’s formula from the getting-started guide—monthly expenses including taxes, annualized with a 10% cushion and divided over 255 trading days. Reaching your goal can be a cue to step away instead of looking for another trade.
An educational planning goal, not guaranteed earnings or a daily loss limit. Your input stays in this page and clears when you reload.
Read Hit The Bid’s getting-started guide ↗
Graphics from Hit The Bid’s getting-started guide. The notes celebrate personal milestones; they are not projected calculator returns.
Risk Calculator
A profit goal is one part of a trading plan. Explore a maximum daily loss, allocate risk per trade, and calculate an equity position size from your risk per share.
Open the Risk Calculator ↗