Recent content by skuttlebug

Hi. Well my example came from an average of the results that i've been tracking in an excel spreadsheet from my demo trading on an equities platform. Typically i'm finding about 10 trades per day that meet my critera. I want to keep stops fairly tight (say 10c or so) and I aim to get 30c+ on my...

Even if someone had an even better day, and only placed 7 trades and made 29 ticks. Even on 800 shares with 1c per share comissions ($16 per roundtrip?), they would only ended up with $120 profit after $112 commissions??

Hi, I'm a newbie and plan to try my hand at equities trading. I'm a little confused as it seems that even with fairly low commissions, it's impossible to make money? Is my maths completely wrong? From what I gather, 1c per share is a fairly typical, cheapish deal? So, if I was trading 300...