If have understood it correctly, it's percentage gain per day, not trade.
So if you have $1.000 on your account, you might get $5 - $30 per day.
I am finding that people say they get 0.5% to 3% returns per trade. Or, rather, what percent of my account would be done per trade? 2% of $50 a trade on a total account value of $1,000 is only 3% return a month.
So a 1.2% return with $1,000 in an account at five trades a day is 180% monthly return. Or your account is now at $2,800. Yes? Or is it more like 30% a month return on total account value ($1,030)?
Also, how much of my account is done per trade?
What is the average drawdown?